LOS ANGELES, Nov. 11, 2020 /PRNewswire-PRWeb/ -- AUDIENCEX, the largest independent trading desk built for performance marketers and agencies, was named the 20th fastest growing private company in Los Angeles by the Los Angeles Business Journal. This marks the first time AUDIENCEX has been named on this prestigious list of the top 100 companies in LA.
Since 2018, AUDIENCEX has been ranked as one of the fastest growing companies in the US by INC, Deloitte, and the Financial Times, with a 994% growth rate achieved over the last three years. Part of this explosive growth can be attributed to the company's singular focus on running strategic multi-channel performance campaigns for brand and agency clients, a sizable segment within the US economy that continues to see growth even during periods of economic volatility.
Despite the ongoing recession, programmatic media spending in the US has increased steadily year over year as marketers increasingly turn to this automated, AI-powered method of buying highly targeted advertising. This year, programmatic transactions will make up 84.5% of the digital display ad market in the US. In October, eMarketer estimated that overall programmatic display ad spending in the US would grow 19.5% this year, which translates to more than $11 billion in incremental spending.
"While nearly every sector across the US economy has experienced contraction in digital ad spend this year, our focus on helping performance marketers cut through the noise to reach their best consumers using programmatic advertising has helped us continue to grow," said Jason Wulfsohn, COO and Co-founder of AUDIENCEX.
The AUDIENCEX trading desk, tdX, is powered by proprietary algorithmic technology which assesses 18 leading DSP, search and social partners based on millions of data points to identify the best-performing mix of platforms to match each campaign's unique requirements and goals. Combining this powerful technology with exceptional customer service, creative services, and strategic expertise across programmatic, CTV, video, native, search, and social means advertisers and agencies can unify their digital marketing efforts to find and convert more customers and increase revenue.
"Our ability to offer integrated digital marketing services across programmatic, search and social has achieved enormous traction with performance marketers and agencies, despite a challenging financial environment when every marketing dollar counts and needs to be rigorously measured and validated," said Reeve Benaron, CEO & Co-Founder at AUDIENCEX.
As the company looks forward to 2021, their strategy continues to be delivering the best enterprise technology solutions to performance marketers, while helping clients accelerate their digital transformation to achieve scalable and sustainable revenue growth.
About AUDIENCEX
AUDIENCEX is a leading digital advertising partner for brands and agencies. We offer strategic, unbiased, omnichannel performance solutions, and create value for our clients by delivering a combination of high-impact creative, innovative technology, targeted media buying, and data-driven analysis to help them effectively target and acquire customers throughout the entire purchase funnel. Named one of the Fastest Growing and Most Successful Companies in America by both Deloitte and Inc. 5000 in 2019, AUDIENCEX is headquartered in Los Angeles and operates in offices throughout North America, including New York, Charlotte, Dallas and St. Louis. For more information visit http://www.audiencex.com.
Media Contact
Michel Benjamin, AUDIENCEX, +1 (310) 289-4477, [email protected]
SOURCE AUDIENCEX
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