Location Sciences Group (AIM:LSAI) provides a machine-learning platform that protects advertisers against location ad-fraud by ensuring location-based ads reach intended audiences. The company works with brands, media buying agencies, out-of-home media owners and technology partners to deliver measurable mobile location-specific marketing campaigns. Led by CEO Mark Slade, Location Sciences completed a second round of funding through a placing and an open offer. The raise of £2.95m is part of £3.36m the company has raised in the last six months. Net proceeds will be used primarily to take the product global, with particular emphasis on the United States. The company is positioning its platform for broader international expansion while continuing to support advertising and media partners.

Total raised

$4M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2018