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AIV Capital completes investment into Zeotap

AIV Capital has completed an investment into next-generation Customer Data Platform (CDP), Zeotap. Founded in 2014, market-leading Zeotap is a customer intelligence platform designed to help companies better understand their customers and predict behaviour.

Zeotap’s GDPR-compliant Customer Intelligence Platform (CIP), enables brands to unify, enhance and activate customer data in the cookieless future while respecting consumer privacy and ensuring compliance. Recognised by Gartner as a “Cool Vendor”, Zeotap works with over 80 of the world’s top 100 brands, including P&G, Nestlé and Virgin Media.

The standalone CDP software market is expected to reach $15 billion by 2026 at a 35% Compound Annual Growth Rate (CAGR), fueled by pandemic tailwinds. The company has seen 150+% CDP Annual Recurring Revenue (ARR) growth in the past year, emerging as the outright leader among European customer data platforms. Zeotap completed a Series D in 2021 placing the company valuation at over $160Mn. The latest funding will enable the German company to cement its market leadership by developing new product capabilities, specifically focusing on the privacy-centric needs of European clients. It will also expand its operating territories and go-to-market teams.

AIV Capital is the institutional investment arm of Angel Investment Network, the world’s largest online angel investment platform. Led by experienced investment manager Ethan Khatri, AIV Capital focuses on investing between USD10-USD750 million into Growth and Mid-Market Buyout opportunities.

Khatri said, "We're very excited to be partnering with Zeotap in their last funding round. Under the leadership of Daniel Heer, Zeotap are dealing with a significant pain point for companies by ensuring marketing intelligence fully informs marketing spending. We often see companies that overspend on advertising and customer retention without the ability to differentiate between new and existing customers. This has only been exacerbated by the increasing demand for privacy regulations.”

He continued: “With their CDP and ID+ platform, Zeotap provides a cost-effective way for companies to future-proof their advertising and customer interactions. Zeotap is already one of the leading platforms in the EU and we believe the last round will only help concrete their position.”

About AIV Capital

AIV Capital is a specialised Asset Manager investing in both Venture Growth-Late Stage opportunities and Lower/Mid-Market Private Equity opportunities across Europe, the US and Asia. Investing between $10-$100Mn in Venture opportunities and $30-$750 in Private Equity transactions, the team focus on opportunities with companies that are market/stage leaders, have strong management teams and operate in sectors that demonstrate favourable tailwinds. To date, the team are responsible for 27 investments and 13+ exits.

About Zeotap

Zeotap is the next-generation Customer Data Platform made in Europe for Europe. Zeotap CDP empowers brands to collect, unify, segment and activate customer data now and in the cookieless future, all while putting consumer privacy and compliance front-and-centre. It enables brands of all sizes to deliver personalised experiences for consumers that drive improved commercial outcomes across marketing, sales, and service. Zeotap is also the founding member of ID+, a universal marketing ID initiative. Zeotap works with the world’s top brands, including Virgin Media O2, Amazon, and Audi.


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