Adform, a Publicly Owned company headquartered in Denmark, founded in 2002 and employing approximately 780 individuals, reported $106.4M in revenue as of 2024. Operating as a tier 1 media tech buyer, the company specializes in RTB and programmatic solutions, providing real-time programmatic marketing automation solutions as an ad tech company.

2024 Revenue

Founded

2002

Headcount

780

Headquarters

Denmark

Primary Segment

RTB and programmatic

Ownership

Publicly Owned

Deployments

4

News Summary:

On March 12, 2026, Wonga achieved lower retargeting CPA by utilizing Adform's Dynamic Creative Optimization (DCO) to render banners that matched users' selected loan amounts and terms, which previously relied on generic finance banners. Also on March 12, BMW South Africa initiated a partnership with Adform to advance Connected TV (CTV) advertising, addressing challenges in audience targeting and measurement within the surging South African CTV market, notably leveraging SABC+. Previously on March 12, Adform participated in the "Omnichannel Now" event, which brought together media and marketing players to discuss multichannel advertising, treating data technology and media as a connected ecosystem, and offering insights on evolving video habits, dOOH, digital audio, media planning, AI, and programmatic buying. This followed a strategic data partnership announcement on March 12, where Nexxen, a flexible advertising technology platform, enabled Adform's clients to access Nexxen’s exclusive automatic content recognition (ACR) data.

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Adform offers 4 products in the ad tech and services industry. Adform's product portfolio comprises of RTB and programmatic and data, targeting and identity.
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Adform's revenues were $106.4M in 2024. Caretta Research has split Adform's revenue into 4 different product categories, the largest of which is demand side platform (DSP), which represents 54% of Adform's revenue.
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Adform's customers primarily consist of consumer electronics, newspaper Publishing and telecoms companies. Examples of Adform's customers include Lenovo, Vodafone Romania and Ekstra Bladet. Adform has commercial and technical partners like FreeWheel, DoubleVerify and Triton Digital.

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