Search company, investor...
Search

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

offerpalmedia.com

Founded Year

2007

Stage

Series B | Alive

Total Raised

$24.2M

Last Raised

$15M | 14 yrs ago

About Offerpal Media

Offerpal Media is a provider of virtual currency monetization for online games, virtual worlds and social networks. The company's turnkey payment platform gives consumers the opportunity to earn virtual currency for free by taking part in targeted advertising offers, shopping at big-brand retailers, completing online surveys, watching videos or otherwise engaging with brands. The company is headquartered in Fremont, California. Investors include Interwest Capital, North Bridge Venture Partners, and D. E. Shaw Ventures.

Offerpal Media Headquarters Location

161 Mission Falls Drive Suite 100

Fremont, California, 94539,

United States

510-257-5600

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Offerpal Media

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Offerpal Media is included in 2 Expert Collections, including Ad Tech.

A

Ad Tech

3,688 items

F

Fintech

7,549 items

US-based companies

Latest Offerpal Media News

Offerpal Media Acquires Tapjoy, Gains Beachhead For Mobile App Monetization – TechCrunch

Jun 11, 2020

In late 2009 we wrote about Tapjoy’s evolution from a mobile app developer to a mobile app monetization platform . Tomorrow, Offerpal Media , one of the giants in social gaming monetization, will announce the acquisition of Tapjoy. That gives Offerpal a beachhead into the mobile space, an area they have only dipped their toes into to date. The company helps applications like Tap Tap Revenge monetize users. The vast majority of revenue comes via pay-for-installs on other mobile apps, meaning users are paid virtual currency to download other mobile applications (on Tap Tap Revenge 3, it takes about 3 installs of free apps to get enough credits for a free song download). Developers have access to turnkey software to easily add monetization and analytics tools to their iPhone, Android and other mobile apps. Tapjoy keeps between 1/3 and 1/2 of the revenue, passing the rest on to publishers. They are “very profitable,” say the founders. Tapjoy “dovetails nicely” with Offerpal’s existing offers and monetization platform, says Offerpal CEO George Garrick . Tapjoy, founded Lee Linden and Ben Lewis , has been integrated into apps by “more than 1,000” developers and reaches 25 million mobile consumers. Offerpal isn’t saying what the size of the transaction is, or how much revenue Tapjoy is generating to date. It’s growing fast from a small base, though. Tapjoy says “annual installs, user base and revenue is expected to quadruple this year.” Our guess after asking a few of their customers is that revenue is in the hundreds of thousands of dollars per month. Tapjoy raised just one round of funding – $600,000 from Tugboat Ventures in early 2009. The Tapjoy founders dropped by our office at about 11 pm for a quick video to talk about the company and the acquisition:

  • When was Offerpal Media founded?

    Offerpal Media was founded in 2007.

  • Where is Offerpal Media's headquarters?

    Offerpal Media's headquarters is located at 161 Mission Falls Drive, Fremont.

  • What is Offerpal Media's latest funding round?

    Offerpal Media's latest funding round is Series B.

  • How much did Offerpal Media raise?

    Offerpal Media raised a total of $24.2M.

  • Who are the investors of Offerpal Media?

    Investors of Offerpal Media include North Bridge Venture Partners, InterWest Partners and The D. E. Shaw Group.

  • Who are Offerpal Media's competitors?

    Competitors of Offerpal Media include Zynga, Fyber, Fortumo, Adaptly, Kongregate and 12 more.

You May Also Like

Paymentwall Logo
Paymentwall

Paymentwall is an all-in-one global payment platform. It allows millions of people to make payments using not only credit cards but also local payment options all over the world. Through 16 offices worldwide, the company helps over 200,000 merchants, including LG Electronics, Bandai Namco, Shopify, Wargaming, Tencent, and Bottega Vaneta to expand globally.

Jam City Logo
Jam City

Jam City is a mobile entertainment company, providing engaging games that appeal to broad audiences.

Adknowledge Logo
Adknowledge

Adknowledge operates BidSystem.com, a multi-channel behavioral targeting ad network in which advertisers seamlessly bid for traffic in display, email and smaller search engines.

Slide Logo
Slide

Slide is an online game creator of entertainment products that tie in with social networks and online communities such as SuperPoke! and its family of related games, Top Fish, and FunSpace.

Pocket Gems Logo
Pocket Gems

Pocket Gems is a developer of mobile social games. The company is working on original mobile-first products to be enjoyed anywhere, anytime on smartphones and tablets.

Spruce Media Logo
Spruce Media

Spruce Media is a provider of enterprise-class marketing technology that delivers real results at scale, and drives consumers from likes to influence for the most successful advertisers, agencies, and trading desks on Facebook. Spruce has developed a robust solution integrating ad creation, bid management, analytics, and reporting into one easy to use, yet powerful interface, which can be licensed or coupled with managed services.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.