Sourcepoint provides a privacy compliance platform that helps publishers and advertisers protect consumer privacy, manage regulatory compliance, and optimize revenue in a changing digital advertising landscape. The company builds tools to monitor and assess degrees of privacy compliance and digital citizenship for digital properties. Sourcepoint is investing in research and development to deliver scalable, granular monitoring and consent-quality solutions as regulations like the CPRA come into force. The new capital is being used to fund global expansion across North America and Europe and to hire senior commercial talent. The company recently integrated the RedBud team following an earlier acquisition and appointed John Sedlak as Chief Revenue Officer. Sourcepoint operates offices in New York, Berlin, London, and Paris and has raised $47.8 million since its 2015 launch. Sourcepoint provides a content compensation platform for premium digital publishers to address monetization challenges such as ad blocking and to offer consumers choices around compensation. Founded in June 2015 by Ben Barokas, Brian Kane, Geir Magnusson Jr., and Jeroen Seghers, the company has worked with publishers including Dennis Publishing, Gruner & Jahr, AOL, and Nyheter24. Sourcepoint launched its Dialogue product in 2016 and aims to broaden the variety of communications options and funding mechanisms publishers can access. The company plans to accelerate product development and extend its scale using new funding, and it seeks to expand further across Europe. Longer-term, Sourcepoint aspires to become a cross-publisher subscription service — described internally as the “Spotify for digital content.” Financially, the company has raised a total of $26 million since launch, including the latest financing announced in this article. Sourcepoint is a New York-based content compensation platform that has launched a product to support a sustainable media ecosystem through a fair value exchange between consumers and publishers. The company raised $10m in a Series A funding round. The round was led by Spark Capital and Foundry Group, with participation from Greycroft, Accel Partners Europe and angel investors Michael Barrett, Joe Zawadski, Jonah Goodhart and Matt Keiser. Led by CEO Ben Barokas and executives Brian Kane, Geir Magnusson, Jeroen Seghers, JP Carlucci and Matt Adkisson, Sourcepoint focuses on premium publishers. The company also maintains offices in London and Seattle in addition to New York. The article notes the company is currently hiring.

Total raised

$43M

Funding rounds

3

Latest round

Equity

Latest activity

Dec 2020