By Luís Daniel Rijo in DOOH News — Jun 3, 2022

Audio-Out-of-Home Vibenomics raises $12.3 million in new funding

Vibenomics delivers music, messaging and programmatic audio ads.

Vibenomics

Vibenomics this week raised $12.3 million in Series B funding. Vibenomics delivers music, messaging and programmatic audio ads: Audio-Out-of-Home (AOOH).

Vibenomics says it will use the funds to support the launch of additional national networks in grocery stores, pharmacies, and convenience stores. In the coming months, Vibenomics has a line of sight to expand to over 20,000 locations by the end of 2023.

“This funding validates our investors’ belief in the future of Vibenomics and what we’re building,” said Brent Oakley, CEO of Vibenomics. “AOOH’s value, impact and ability to scale allows retailers to provide a positive, in-store customer experience. We’re anticipating another record-breaking year in 2022 and these funds will enable us to continue innovating and accelerating product developments, building on our momentum.”

Vibenomics has nearly 40 employees, about 90% of whom live in the Indianapolis area and 10% work remotely. The company expects to increase its workforce by 25%, specifically in its sales and marketing departments, by the end of 2022.

PPC Land is an international news publication headquartered in Frankfurt, Germany. PPC Land delivers daily articles brimming with the latest news for marketing professionals of all experience levels.

Subscribe to our newsletter for just $10/year and get marketing news delivered straight to your inbox. By subscribing, you are supporting PPC Land.

You can also follow PPC Land on LinkedIn, Bluesky, Reddit, Mastodon, X, Facebook, Threads, and Google News.

Know more about us or contact us via info@ppc.land

Our latest marketing news:

Subscribe via email