Radar Landscapes AdTech Landscape of Chicago
AdTech industry in Chicago — illustrated cover for the AdTech Landscape of Chicago
Radar · Industry landscape · Chicago

AdTech Landscape of Chicago

369 AdTech companies in Chicago, in one picture: who is hiring, who is raising money, who founded them, what the news is about and which skills employers want. Updated August 2026.

369companies tracked
$1.7Bdisclosed funding
25hiring right now
123events · 24 months
30,720news articles · 12 months

Who leads AdTech in Chicago

Shows the 369 Chicago AdTech firms, highlighting which are hiring, best funded, and most covered, with 25 currently hiring and 50 having disclosed recent funding.

open roles
Hiring now
ranked by live open roles
  1. 01NielsenIQ13last posted Aug 2026
  2. 02Numerator12last posted Aug 2026
  3. 03Circana12last posted Aug 2026
  4. 04ActiveCampaign10last posted Jul 2026
  5. 05Sprout Social7last posted Mar 2026
  6. 06Cision6last posted Mar 2026
  7. 07SMS-Magic5last posted Jul 2026
  8. 08CDM Media4last posted Jun 2026
25 companies hiring · 5 posted in the last 30 days
disclosed funding
Most funded
disclosed totals, all rounds
  1. 01ActiveCampaign$362.7MSeries C · Apr 2021
  2. 02Numerator$174.5MConventional Debt · Nov 2015
  3. 03Signal$122.7MSeries E · Jan 2019
  4. 04Sprout Social$101.5MSeries D · Dec 2018
  5. 05PowerReviews$90.7MSeries C · Oct 2020
  6. 06DialogTech$90MSeries D · May 2020
  7. 07dscout$81MSeries C · Mar 2022
  8. 08Vibe$78.8MSeries B · Sep 2025
50 companies with disclosed rounds · $1.7B total
headcount
Largest teams
ranked by tracked headcount
  1. 01Circana6,400tracked employees
  2. 02Sprout Social1,383tracked employees
  3. 03ActiveCampaign705tracked employees
  4. 04SPINS328tracked employees
  5. 05Vail Systems209tracked employees
  6. 06Civis Analytics169tracked employees
  7. 07SMS-Magic135tracked employees
  8. 08dscout127tracked employees
19 companies with headcount data
share of events
Share of voice
share of all tracked sector news events, 24 months
  1. 01Cision27.8%44 tracked events
  2. 02Sprout Social19.0%30 tracked events
  3. 03NielsenIQ17.7%28 tracked events
  4. 04Circana15.2%24 tracked events
  5. 05Emmi5.7%9 tracked events
  6. 06StreamLayer5.1%8 tracked events
  7. 07Signal3.2%5 tracked events
  8. 08ActiveCampaign1.9%3 tracked events
158 tracked events across 13 companies
articles
In the news
Prism news coverage, last 12 months
  1. 01Circana331articles in the window
  2. 02Cision57articles in the window
  3. 03Sprout Social53articles in the window
  4. 04ActiveCampaign17articles in the window
  5. 05dscout8articles in the window
  6. 06Emmi6articles in the window
  7. 07Target Data3articles in the window
  8. 08Mavely3articles in the window
19 of these companies drew sector coverage in the window
Radar

See all 369 AdTech companies in Chicago

Filter by funding, headcount, hiring and location, and export the list.

How the AdTech ecosystem in Chicago grew, 2016–2025

Shows the number of AdTech firms founded each year from 2016‑2025, peaking at 25 in 2018 and falling to 6 in 2025.

Companies founded / year
new AdTech companies in Chicago
2016: 132017: 182018: 252019: 192020: 172021: 162022: 102023: 182024: 82025: 6
20162025
peak 25 in 2018
Companies raising / year
with a disclosed round that year
20162025
peak 10 in 2016
Disclosed funding / year
sum of disclosed rounds (USD)
2016: 206,899,6992017: 78,286,3402018: 59,625,0012019: 20,930,0012020: 154,929,5652021: 298,400,0002022: 98,072,5202023: 470,0002024: 23,256,0002025: 101,750,000
20162025
peak $298.4M in 2021
Chicago — home to 369 tracked AdTech companies
Chicago369 AdTech companies tracked here

The AdTech market map of Chicago: what these companies actually do

Breaks down the product types these firms build and their revenue models, noting the largest sub‑categories and that subscription and advertising are the most common revenue streams.

The biggest kinds of AdTech company, by how many we track.

Enterprise Tech — a AdTech sub-vertical
Sub-vertical 01
Enterprise Tech
256 companies
256companies
$1.7Braised
23hiring
Enterprise Software — a AdTech sub-vertical
Sub-vertical 02
Enterprise Software
206 companies
206companies
$1.6Braised
21hiring
SaaS — a AdTech sub-vertical
Sub-vertical 03
SaaS
166 companies
166companies
$1.5Braised
16hiring
Commerce Enablers — a AdTech sub-vertical
Sub-vertical 04
Commerce Enablers
21 companies
21companies
$303.8Mraised
3hiring
Lead Management — a AdTech sub-vertical
Sub-vertical 05
Lead Management
20 companies
20companies
$17.1Mraised
Lead Generation — a AdTech sub-vertical
Sub-vertical 06
Lead Generation
18 companies
18companies
$17Mraised
Consumer Digital — a AdTech sub-vertical
Sub-vertical 07
Consumer Digital
18 companies
18companies
$80.5Mraised
Retail SaaS — a AdTech sub-vertical
Sub-vertical 08
Retail SaaS
16 companies
16companies
$303.8Mraised
1hiring
  • Enterprise Tech256 companies · $1.7B raised · 23 hiring
  • Enterprise Software206 companies · $1.6B raised · 21 hiring
  • SaaS166 companies · $1.5B raised · 16 hiring
  • Commerce Enablers21 companies · $303.8M raised · 3 hiring
  • Lead Management20 companies · $17.1M raised
  • Lead Generation18 companies · $17M raised
  • Consumer Digital18 companies · $80.5M raised
  • Retail SaaS16 companies · $303.8M raised · 1 hiring
  • Gtm Software16 companies · $226.6M raised · 1 hiring
  • Market Research Tools14 companies · $268M raised · 4 hiring
  • E-Commerce SaaS13 companies · $296.7M raised · 1 hiring
  • Conversion Rate Optimization11 companies · $700k raised

Monetization

How AdTech companies make money

How many companies earn revenue each way. Plenty use more than one model, so the counts add up to more than the sector.

Subscription254
Advertising135
E-Commerce - Service94
Commission on Transaction43
Affiliate Marketing20
Fee-For-Service13
E-Commerce - Product12
Physical Commerce3

Funding, M&A and the deals moving AdTech in Chicago

Lists 123 corporate events over the past two years, categorized by key people moves, mergers and acquisitions, new products, earnings releases, and other announcements.

Leadership 39M&A 31Product 16Earnings 11Announcement 9Lawsuit 5Funding 5Contracts 3Assets 2Capital 1
  • M&APrivate equity-backed Spins has acquired ecommerce and retail data firm MikMak.2026-01-14
  • M&ALater –the world's most intelligent influencer marketing company, today announced new growth milestones and expanded client momentum one year after acquiring and fully integrating Mavely , the leading Everyday Influencer Platform®.2025-12-16
  • M&ACision, a world leader in consumer and media analytics, today announced the acquisition of Trajaan, the industry-leading search intelligence platform.2025-12-11
  • M&AEmmi is acquiring The English Cheesecake Company, a UK-based producer of "premium" desserts.2025-11-25
  • M&AMonterail, a full-service software development company, has acquired Lakeview Labs, a boutique software developer, to strengthen its global engineering and product design capabilities.2025-10-09
  • M&AE.tv owner eMedia has acquired a 30% stake in Pristine World Holdings, a specialist provider of visual effects services to global film and television markets, for R119-million.2025-10-03
  • M&Athe acquisition of sensory insights platform Gastrograph AI2025-08-25
  • M&AGlobal FinTech giant Broadridge Financial Solutions has acquired Cheltenham-based customer communications specialist Signal as it looks to expand its European presence.2025-08-19
  • M&ASprout Social, a US company that offers cloud-based tools for managing social media, has acquired NewsWhip, an AI-powered media intelligence company based in Dublin.2025-07-31
  • M&AMarket research firm Circana has closed the acquisition of NCS, a joint venture between Nielsen and Catalina.2025-06-06

Mergers and acquisitions

Deals from the last 24 months where a AdTech company in Chicago was the buyer or the one bought, newest first. “Undisclosed” means the price was never published — not that the deal was worth nothing.

AcquirerTargetDeal valueStatusDate
kantarNumeratorundisclosedCompleted2026-04-17
Broadridge Financial SolutionsSignalundisclosed2026-02-09
SPINSmikmakundisclosedAnnounced2026-01-14
wingifyNavilyticsundisclosedCompleted2025-12-18
laterMavelyundisclosedCompleted2025-12-16
CisiontrajaanundisclosedAnnounced2025-12-11

Who is listing, hiring leaders, launching and winning work

Provides details on specific events such as IPO filings, leadership changes, product launches, and contract wins.

Leadership moves
10 tracked people moves · last 12 months
  • CircanaHélène Bouffard · Appointment → Chief People OfficerApr 2026
  • NielsenIQNacho San Martín · Appointment → Chief Executive OfficerJan 2026
  • NielsenIQLuis Simões · Departure — was Director GeneralJan 2026
  • CisionAmy Jones · Appointment → Chief Marketing OfficerDec 2025
  • CisionBreeanna Straessle · Departure — was Director of Corporate CommunicationsSep 2025
  • NielsenIQDrew Dabbelt · Appointment → Vice President of Retail MediaSep 2025
  • CisionGianna Jackson · Appointment → Chief Revenue Officer for the AmericasSep 2025
Product launches
tracked launches · last 12 months
  • StreamLayerSGAI platform (Video Engagement & Monetization)Apr 2026
  • StreamLayerServer-Guided Ad Insertion (SGAI) platform (Ad insertion platform)Apr 2026
  • ABCS Insightsfull-funnel advertising effectiveness solutions (advertising measurement & analytics platform)Feb 2026
  • CircanaBrainwave™ Solution (Decision Automation)Jan 2026
  • CircanaEmiri™ Agent (AI Agent)Jan 2026
  • Sprout SocialCanva integration (Social media integration)Sep 2025
  • CisionCisionOne (Platform)Sep 2025
  • CisionInstant Insights dashboardsSep 2025
Contract wins
3 customer wins · last 24 months
Earnings pulse
companies reporting results · last 24 months
3 companies reporting10 company-quarters tracked

Who is building AdTech in Chicago

Profiles 184 founders and CEOs across 134 firms, showing their education and prior employers, with the University of Chicago and Amazon appearing most often.

Founders and chief executives12 of 184, from the best-funded companies on this page
Eric Belcher
CEO
Eric Belcher

Numerator, ex-Innerworkings, ex-Manroland Sheetfed, The University of Chicago Booth School of Business, 1995

Mark Dillon
CEO
Mark Dillon

Ex-Spiceworks, Marketwired, Conversant. University of Notre Dame BA, Northwestern University MBA

Doug Kofoid
CEO
Doug Kofoid

Ex-Publicis Groupe Media/VivaKi, Google, DoubleClick, Performics. Indiana University Bloomington BS, University of Chicago MBA

Michael Winnick
Founder & CEO
Michael Winnick

Ex-Gravitytank, Guru, Wired. Stanford University BA 1995

Arthur Querou
Co-Founder & CEO
Arthur Querou

Investor - Elaia. Epita Master of Engineering 2010

Dan Wagner
Founder & CEO
Dan Wagner

Ex-Obama for America, Democratic National Committee, FTI Consulting.

Jack Philbin
Co-Founder, President & CEO
Jack Philbin

Mma Global, ex-Mobile Marketing Association, Northwestern University - Kellogg School of Management, 2007

Elizabeth Morgan
Co-Founder & CMO
Elizabeth Morgan

Ex-Product Value Systems, VPIsystems. University of Melbourne BA 1985, Swinburne University of Technology MBA 1991

Adam Hirsen
Co-Founder & CEO
Adam Hirsen

Ex-Co-Founder & CEO SparkReel, Meritas Family of Schools, Sterling Partners. Miami University

Manish Shah
Co-Founder
Manish Shah
repeat founder

Co-founder PeerWell, Ex-Co-Founder Mpact, Rapleaf, WooMeNow.com, karmaONE.org. UC Berkeley BA 2005

Tim Ganschow
Co-Founder / Head Of Product Strategy
Tim Ganschow

Ex-LiveOne, Coke, Budweiser, RedBull, NBC, Yahoo. Amherst College Bachelor’s Degree 1993

Andrew Sawyer
Co-Founder & CEO
Andrew Sawyer

Ex-Epic, Falcon Consulting Group, Nordic, West Monroe, GE Ventures. Barcelona University 2007, University of Chicago Booth School of Business 2007…

Where the founders studied
alma mater on record for 23 of 184 founders
University of Chicago4
University of California (Berkeley)2
Kellogg School of Management2
University of Pennsylvania2
Booth School of Business2
IIT Madras2
Monash University1
Harvard University1
Where they worked before
a previous employer on record for 4 of 184 founders
Amazon2
Microsoft1
Google1
Morgan Stanley1
Founders flagged as repeat founders
of 146 founders with a profile on this page
3
carry a repeat-founder flag
  • flagged as repeat founders3
  • no repeat-founder flag143
Women and men among the founders
first names matched for 176 of 184 founders
6%
of matched founders are women
  • women10
  • men166
Inferred from first names, using 119 million people who state their own gender: a first name counts only where at least 20 of them share it and at least 90% of those share the same gender. The other 8 founders go in neither column.
Radar

Look up the people behind AdTech companies in Chicago

Search founders, executives and operators by company, role and location.

Who funds AdTech in Chicago

Summarizes 80 funding rounds since 2016 from 109 investors, with the typical round size of $5.2 million.

Investor · most active investors since 2016RoundsLedLatest
Jump Capital41Sep 2020
Susquehanna Growth Equity31Apr 2021
Elaia31Sep 2025
HPA3Dec 2018
500 Global22May 2017
Beringea22Dec 2018
4490 Ventures22Nov 2022
Techstars22Nov 2023
New Enterprise Associates21Dec 2018
Goldman Sachs21Dec 2018
Stage mix · rounds since 2016
Seed & Angel23
Series A–B37
Series C+ / PE12
Grants, debt & other8

The typical round is $5.2M — half were bigger, half smaller.

The biggest AdTech funding rounds in Chicago

Highlights the ten largest disclosed rounds, including ActiveCampaign’s $240 million Series C.

CompanyRoundSizeWhenBackers
ActiveCampaignSeries C$240MApr 2021Silversmith, Susquehanna Growth Equity, Dragoneer Investment Group +1 more
ActiveCampaignSeries B$102.7MJan 2020Susquehanna Growth Equity, Silversmith Capital Partners
dscoutSeries C$70MMar 2022Guidepost Growth Equity
Market LogicSeries C$50.3MMay 2017Summit Partners, GENUI, Sycamore Partners
VibeSeries B$50MSep 2025Hedosophia, Elaia, Singular +3 more
ABCS InsightsSeries C$50MFeb 2025
VibesSeries B$45MJun 2016Syniverse
Sprout SocialSeries C$42MFeb 2016New Enterprise Associates, Goldman Sachs
Sprout SocialSeries D$40.5MDec 2018Future Fund, New Enterprise Associates, Goldman Sachs
PowerReviewsSeries B$35MJul 2014ABS Capital

What the news says about AdTech in Chicago

Counts 30,720 news articles about Chicago AdTech in the last year, indicating the most covered topics and frequently used terms.

News volume
AdTech coverage tagged Chicago · articles per quarter
2021Q2: 4,7822021Q3: 5,3032021Q4: 3,9672022Q1: 5,4622022Q2: 4,7102022Q3: 4,8502022Q4: 4,4242023Q1: 4,4822023Q2: 5,6742023Q3: 5,3222023Q4: 5,8032024Q1: 6,7922024Q2: 5,8542024Q3: 8,9682024Q4: 6,3702025Q1: 9,6032025Q2: 8,2422025Q3: 9,2702025Q4: 7,2452026Q1: 6,203
2021Q22026Q1
peak 9,603 in 2025Q1 · 30,720 articles in the last 12 tracked months
Tone of coverage
share of articles by dominant sentiment (positive / neutral / negative)
202120232025
Positive-tone share moved 54% → 48%, negative 44% → 50% across 2021–2025.

What the coverage is about

The subjects that dominate AdTech news in United States. The arrow shows whether each one is being written about more or less than a year ago.

  • Administrative and political subdivisions4,358,400▲+20%
  • Geopolitical disputes and contested areas320,844▲+34%
  • International and transnational geographic entities320,678▲+34%
  • International political relations208,151▲+34%
  • Security and defense policies145,113▲+60%
  • International relations and diplomacy95,946▲+22%
  • Geographic naming conventions and etymology82,164▲+453%
  • Trade policies and agreements73,541→+8%
  • Human rights advocacy reports69,954→+3%
  • Political asylum and refugee policies56,591→+3%
Most-covered companies · last 12 months

19 AdTech companies here were named in the news over this period.

Prism

Watch AdTech coverage in United States as it happens

Prism follows these subjects story by story — which companies are named, what is said about them and how the tone moves.

Momentum

The words getting louder — and quieter

Which terms are showing up in more stories than a year ago, and which are fading. The percentage is the change in how many articles mention them.

stock performance+46%foreign policy analysis+50%multilateral diplomacy+59%national security strategy+127%bilateral trade+40%diplomatic engagements+56%countries+122%stock price+41%investment deal+126%aerial bombardments+67%
olympic team selections-50%olympic trials-54%ceasefire violations-51%summer olympics athletics-87%electioneering tactics-62%

The pressures the press keeps returning to

Three recurring angles in United States AdTech coverage, and whether each is getting more attention year on year (through 2025).

Regulatory Risk ▲ rising
1,525,314 articles touch this dimension · 41.6% critical tone
20212025
signals: territories, disputed islands, tariff negotiations
Funding Momentum ▲ rising
236,698 articles touch this dimension · 46.0% critical tone
20212025
signals: investment deal, inflation reports fx, currency intervention policies
Growth ▲ rising
359,715 articles touch this dimension · 35.9% critical tone
20212025
signals: earnings report, quarterly results, quarterly financials

AdTech jobs in Chicago: who is hiring and what they ask for

Reports 1,337 job postings from 45 firms in the past year, listing top skills and a median advertised salary of $80 k per year.

1,337postings · last 12 months
2,188postings tracked overall
45employers advertising
$80kmedian advertised salary/yr (n=166)

Demand

The Skills Employers Ask For

What AdTech employers in Chicago put in their job ads. The bar is how many postings ask for it; the arrow shows whether demand grew or shrank against the year before.

  • github25
  • node.js23
  • next.js22
  • slack21
  • python20
  • notion20
  • tailwind20
  • sentry19
  • postgres19
  • excel17
What level are these roles?
Entry1
Intern20
Senior217
Lead51
Manager225
Most advertised titles
  • Security Officer311
  • Security Guard159
  • Security Patrol Officer58
  • Security Patrol Guard50
  • Senior Lead Compensation Analyst30
  • Armed Security Officer28

140 AdTech-relevant internships in India were advertised over the same 12 months.

Keep going

Track AdTech in Chicago beyond this page

Radar finds and filters the companies. Prism watches what is being said about them.

About this data: built from Fliar's company, founder, funding, hiring, jobs and news trackers, covering Chicago. Counts are of companies we track, not of every company that exists. Updated August 2026.
Coming soon