Kevel raises $52M Series D, eyes retail-media M&A
AdExchanger’s Allison Schiff reports that Kevel raised a $52 million Series D, bringing total funding past $100 million, with CEO James Avery saying the retail media infrastructure company plans to use some of the cash to acquire adjacent vendors as consolidation hits the crowded sector.
Why it matters. Retail media vendors serving overlapping retailer customers should expect consolidation to thin out the field as better-funded players like Kevel go shopping.
Signal from adexchanger.com · Allison Schiff · read the original.
All gas. No brake. Free.
What’s happening, why it matters, who reported it, who followed, and how the story develops. Free with a reader account. Unsubscribe any time.
Continue free →