DoubleVerify

DoubleVerify

DoubleVerify (DV) provides digital performance solutions to improve the impression quality and audience impact of digital advertising. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues244m333m452m573m671m797m927m
% growth34 %36 %36 %27 %17 %19 %16 %
EBITDA46.8m57.3m94.6m138m210m253m300m
% EBITDA margin19 %17 %21 %24 %31 %32 %32 %
Profit20.5m29.3m43.3m71.5m53.7m74.7m97.2m
% profit margin8 %9 %10 %12 %8 %9 %10 %
EV / revenue-15.2x7.4x10.4x4.5x3.6x2.9x
EV / EBITDA-88.3x35.5x43.2x14.4x11.4x8.8x
R&D budget47.0m62.7m95.1m125m---
R&D % of revenue19 %19 %21 %22 %---
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DateInvestorsAmountRound
-

N/A

-

$3.5m

Series A

$10.0m

Series B

$33.0m

Late VC

N/A

Valuation: $350m

Acquisition

$150m

Debt

$350m

Growth Equity VC
N/A

$360m

Valuation: $5.0b

20.5x EV/LTM Revenues

106.8x EV/LTM EBITDA

IPO
*
N/A

N/A

Secondary
*
N/A

N/A

Secondary
Total FundingCAD541m

Recent News about DoubleVerify

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More about DoubleVerifyinfo icon
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DoubleVerify (DV) is a company that ensures the quality and effectiveness of digital advertising for some of the world's largest brands. Operating in the digital media market, DV provides services that help brands, advertisers, platforms, and publishers ensure their ads are seen by real people, in safe environments, and are effective in reaching their target audiences.

DV's primary clients include global advertisers, programmatic platforms (which automate the buying and selling of ads), and social media platforms. The company operates in the digital advertising industry, which is a rapidly growing market driven by the increasing shift of advertising budgets from traditional media to digital channels.

The business model of DoubleVerify revolves around providing verification and analytics services. They authenticate the quality of digital media by ensuring ads are viewable (seen by real people), fraud-free (not seen by bots or fake accounts), and brand-safe (not placed next to inappropriate content). DV uses advanced technology, including a dedicated Fraud Lab and Semantic Science teams, to develop solutions that identify the latest fraud schemes and protect brand reputation across various devices and emerging channels.

DoubleVerify makes money by charging clients for these verification and analytics services. Brands and advertisers pay DV to ensure their digital advertising investments are effective and trustworthy. This, in turn, helps them maximize their advertising budgets and achieve better returns on investment.

In summary, DoubleVerify is a key player in the digital advertising industry, providing essential services that help brands ensure their ads are effective, safe, and seen by real people. Their business model is based on offering verification and analytics services, which are critical for brands looking to maximize the impact of their digital advertising efforts.

Keywords: digital advertising, verification, analytics, viewability, fraud prevention, brand safety, advertisers, platforms, publishers, performance.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.

Investments by DoubleVerify

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Zentrick
ACQUISITION by DoubleVerify Feb 2019
RealTargeting
ACQUISITION by DoubleVerify Feb 2014
Meetrics
ACQUISITION by DoubleVerify Aug 2021
Ad-Juster, Inc.
ACQUISITION by DoubleVerify Nov 2019
OpenSlate (formally Outrigger Media)
ACQUISITION by DoubleVerify Nov 2021
Leiki
ACQUISITION by DoubleVerify Jan 2019
Scibids
ACQUISITION by DoubleVerify Jul 2023