GlobeNewswire Inc.
Kevel Secures $52 Million to Scale AI-Driven Infrastructure for the Future of Commerce Media
Kevel, an ad tech infrastructure platform for commerce businesses, announced a $52 million funding round led by Fulcrum Equity Partners, dunnhumby Ventures, Iberis Capital, and ORIX USA. The raise brings total capital to over $100 million and will fund product innovation in transparent AI decisioning, global expansion, and support for omnichannel retail media networks. The company serves 100+ commerce media networks including Tesco, Dollar General, and Home Depot.