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Vilnius-based RedTrack raises €2.9 million to equip media buyers with AI-powered analytics and automation

  • RedTrack, an AI-driven analytics and automation platform for media buyers, has raised €2.9 million in a Series A funding round.
  • The funding round was led by LeadVentures and included participation from InstaVC, IronWolfCapital, and angel investor Balazs Gandera.
  • RedTrack's technology tracks 60,000 ad accounts, generating over $2 billion in revenue for 800 businesses in the ecommerce and marketing agency sectors.
  • The funds will be used to strengthen the product team, accelerate AI product development, and expand into the US market.

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