Entertainment Data Oracle (EDO)

Entertainment Data Oracle (EDO)

Data analytics for advertising and entertainment

About Entertainment Data Oracle (EDO)

Simplify's Rating
Why Entertainment Data Oracle (EDO) is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Differentiation

Industries

Data & Analytics

Entertainment

Company Size

51-200

Company Stage

Growth Equity (Venture Capital)

Total Funding

$92M

Headquarters

Culver City, California

Founded

2014

Overview

EDO provides data analytics services focused on the advertising and entertainment industries. The company offers insights that help advertisers, agencies, and TV networks make informed decisions to enhance their media investments. EDO's products include a TV Ad Database, which tracks national TV ads and their airings, and a TV Ad Engagement tool that connects consumer search behavior with ad performance. Additionally, EDO has a Box Office predictive analytics tool that estimates movie opening weekend success based on consumer interest data. Unlike competitors, EDO combines data science with proprietary behavioral metrics to deliver real-time insights and predictive analytics. The goal of EDO is to empower clients to optimize their advertising strategies and improve consumer engagement through data-driven solutions.

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Simplify's Take

What believers are saying

  • Increased demand for real-time data analytics in TV advertising boosts EDO's market potential.
  • Collaboration with DoubleVerify enhances EDO's AI-powered CTV advertising optimization.
  • Growing interest in predictive analytics tools benefits EDO's Box Office product.

What critics are saying

  • Competition from AI-driven analytics platforms may erode EDO's market share.
  • Privacy regulations could limit EDO's ability to collect and analyze consumer data.
  • Economic downturns may reduce advertising budgets, impacting EDO's subscription revenue.

What makes Entertainment Data Oracle (EDO) unique

  • EDO offers a unique blend of data science and proprietary behavioral metrics.
  • EDO's TV Ad Engagement matches consumer search behavior to TV ad airings.
  • EDO's Box Office tool forecasts movie performance using predictive analytics.

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Funding

Total Funding

$92M

Above

Industry Average

Funded Over

2 Rounds

Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

401(k) Retirement Plan

Commuter Benefits

Company Equity

Meal Benefits

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

↑ 4%

1 year growth

↑ 1%

2 year growth

↓ -4%
MarTech 360
Dec 18th, 2024
EDO and DoubleVerify Launch Groundbreaking AI-Powered CTV Advertising Optimization

EDO and DoubleVerify launch groundbreaking ai-powered CTV advertising optimization.

Business Wire
Apr 25th, 2024
Chick-Fil-A, Mcdonalds, And Starbucks’ Streaming Ads Outperformed Linear In Q1 2024, Per Qsr Convergent Tv Outcomes Report

NEW YORK--(BUSINESS WIRE)--EDO, the TV outcomes company, today launched the QSR Convergent TV Outcomes Report, the first in a series of quarterly category-level reports that deliver holistic linear and streaming ad performance across a range of categories to include retail, CPG, auto, health & beauty, and more. EDO’s report spotlights the brands that saw the biggest lift in engagement when advertising on streaming TV, as well as the states, metro areas, and audience demographics that engaged the most with the category’s Convergent TV ads in Q1 2024.The QSR market is estimated to reach a staggering $406B this year in the US alone. Since outcomes measurement is a proven, effective way of predicting market share, EDO created this report to help brands optimize their advertising spend by better understanding audience behavior and preferences.“To stand out in this competitive landscape, QSR brands need reliable data that empowers them to deliver authentic and memorable experiences,” said Laura Grover, SVP, Head of Client Solutions, EDO. “With a granular understanding of consumers' content consumption and ad engagement, QSR brands are harnessing the power of Convergent TV to optimize campaigns that drive performance.”Key insights from EDO’s QSR Convergent TV Outcomes Report include:Overall, consumers were 5% more engaged with QSR ads on linear than streaming. EDO also found that 83% of QSR ad exposures were on linear, while 17% were on streaming.than streaming. EDO also found that 83% of QSR ad exposures were on linear, while 17% were on streaming

St. Louis Post-Dispatch
Apr 11th, 2024
Telva at the Ridge expands Balkan Treat Box's brilliance to breakfast in Webster Groves

Loryn and Edo launched the Balkan Treat Box food truck in late 2016.

Business Wire
Jan 25th, 2024
Edo Names Most Effective Ads Of 2023 Across Auto, Cpg, Pharma, Retail, Banking, And More

NEW YORK--(BUSINESS WIRE)--EDO, the TV outcomes company, released today the most effective ads of 2023 across English- and Spanish-language media. The company analyzed hundreds of thousands of national TV creatives from yesteryear to identify the trends driving behavioral outcomes, such as search activity, website visits, or app downloads, which are highly predictive of future sales. Multiple studies show a definitive link between strong ad creative and brand performance. According to Nielsen, creativity drives 56% of a campaign’s sales ROI. “The top creatives of 2023 were authentic and often entertaining – whether they authentically integrated a celebrity spokesperson like LeBron James with GMC, or landed a perfect comedic moment like Credit Karma,” said Laura Grover, SVP and Head of Client Solutions at EDO. “The best ads motivate consumers’ real-world behavior, and the best creative measurement enables modern marketers to connect these behaviors to tangible business outcomes.”

News Extra 24
Dec 15th, 2023
Prince Clem Agba Joins Edo Governorship Race, Reveals Bold Plans For Edo People

Prince Clem Agba joins Edo governorship race, reveals bold plans for Edo people.

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