Draft:Adverity

Austrian marketing data platform company From Wikipedia, the free encyclopedia

Adverity GmbH is an Austrian software-as-a-service company that develops a cloud-based marketing data integration and intelligence platform. The company is headquartered in Vienna and has offices in London and New York.[1][2] Its platform automates the collection, transformation, and governance of marketing data from multiple sources. Gartner named Adverity a Cool Vendor in Marketing Data and Analytics in 2020.[3]

  • Comment: In accordance with the Wikimedia Foundation's Terms of Use, I disclose that I have been paid by my employer for my contributions to this article. Alexander Igelsboeck (talk) 13:21, 14 April 2026 (UTC)


History

Adverity was founded in 2015 in Vienna by Alexander Igelsböck, Martin Brunthaler, and Andreas Glänzer.[2][4] The three had previously built a price comparison technology company called Ciuvo, which they sold to German media group Heise Media.[2]

Speedinvest, AWS Gründerfonds, and Munich-based 42cap provided the first institutional funding in 2017.[4] Mangrove Capital Partners then led a €3.2 million Series A in April 2018.[5]

A €11 million ($12.4 million) Series B followed in April 2019, with Felix Capital leading alongside Sapphire Ventures and SAP.iO Fund.[1] The funding was earmarked for entering the U.S. market.[1][6]

Sapphire Ventures led the $30 million Series C in April 2020, bringing total funding to $50 million.[7][2] According to the company, annual recurring revenue had more than doubled over the prior year.[2] Clients at that point included IKEA, Red Bull, Unilever, and UBS.[8]

The largest round came in August 2021 — $120 million from SoftBank Vision Fund 2, joined by Sapphire Ventures, pushing total funding past $165 million.[9][10] Der Standard reported it as one of the largest financing rounds for an Austrian tech company that year.[11] The company reported a compound annual growth rate of 105% over the preceding four years.[10]

In September 2025, the company launched Adverity Intelligence, an AI-powered analytics layer with conversational AI and Model Context Protocol (MCP) integration.[12]

Products and services

Adverity's platform connects to more than 600 data sources spanning marketing, advertising, e-commerce, sales, and finance.[1][7] It is split into two product lines: Adverity Data, which handles connectivity, transformation, and governance; and Adverity Intelligence, an AI analytics and reporting layer launched in 2025.[12]

References

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