DoubleVerify Holdings, Inc.
We are a leading software platform for digital media measurement and analytics. Our mission is to increase the effectiveness and transparency of the digital advertising ecosystem. Through our software platform and the metrics it provides, we help preserve the fair value exchange in the digital advertising marketplace. The advertising industry continues to shift from traditional mediums to an expanding array of digital channels and platforms. Digital advertisers have historically relied on inconsistent, self-reported data from a large number of publishers, social channels and programmatic platforms, making it difficult to form an accurate, unbiased view of how and where their ad budgets are spent. As objectionable content and ad fraud have proliferated across the Internet and other digital channels, advertisers are utilizing independent, third-party solutions to protect their brand equity and optimize the performance of their digital media investments.
Our technology addresses this need by providing unbiased data analytics that enable advertisers to increase the effectiveness, quality and return on their digital advertising investments. Our proprietary DV Authentic Ad metric is our definitive metric of digital media quality which measures whether a digital ad is displayed in a fraud-free, brand-safe environment and is fully viewable in the intended geography. Our software platform delivers this metric to our customers in real time, allowing them to access critical performance data on their digital ads. Customers then leverage our data analytics to improve the efficiency of their digital advertising investments by avoiding wasted media spend on blocked or fraudulent ads and to optimize their media strategies in real time by verifying their highest performing ads and content.
(Note: DoubleVerify priced its IPO on April 20, 2021, at $27 – the high end of its $24-to-$27 range – on 13.33 million shares, the same number of shares as in the prospectus – to raise $359.91.)
|Industry:||Services - Computer Programming, Data Processing, Etc.|
|Address||233 Spring Street, New York, NY 10013|
|Phone Number||(212) 631-2111|
|View Prospectus:||DoubleVerify Holdings, Inc.|
|Revenues||$243.9 mil (last 12 months)|
|Net Income||$20.5 mil (last 12 months)|
|Price range||$27.00 - $27.00|
|Est. $ Volume||$360.0 mil|
|Manager / Joint Managers||Goldman Sachs/ J.P. Morgan/ Barclays/ RBC Capital Markets/ Truist Securities|
|CO-Managers||William Blair/ KeyBanc Capital Markets/ Canaccord Genuity/ JMP Securities/ Needham & Co./ Loop Capital Markets/ Capital One Securities|
|Expected To Trade:||4/21/2021|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|