Fyllo

Fyllo

Marketing technology for regulated industries

About Fyllo

Simplify's Rating
Why Fyllo is rated
A-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Data & Analytics

Consumer Software

Company Size

51-200

Company Stage

Series C

Total Funding

$93.4M

Headquarters

Chicago, Illinois

Founded

2019

Overview

Fyllo provides marketing technology solutions specifically designed for highly regulated industries like cannabis and CBD. The platform helps brands in these sectors navigate complex compliance requirements while enhancing their marketing performance. Fyllo's tools allow clients to create targeted audience segments, personalize their messaging, and optimize their advertising across multiple channels without sacrificing compliance. Unlike many competitors, Fyllo focuses on the unique challenges of regulated markets, offering a data marketplace that provides valuable audience insights and strategic media activation services. The company's goal is to empower brands to effectively reach their target audiences while adhering to all necessary regulations.

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Simplify's Take

What believers are saying

  • Fyllo's transition to privacy-compliant contextual segments aligns with post-cookie advertising trends.
  • Expansion into Asia-Pacific markets indicates growing demand for compliance-driven solutions.
  • Partnerships like with MadHive enhance Fyllo's geo-targeting capabilities and value proposition.

What critics are saying

  • Transition to privacy-compliant segments may face execution and adoption challenges.
  • Cannabis spending volatility could impact Fyllo's revenue projections.
  • Expansion in Asia-Pacific may encounter diverse regulatory compliance challenges.

What makes Fyllo unique

  • Fyllo specializes in compliance solutions for highly regulated industries like cannabis and CBD.
  • The company offers a unique data marketplace for audience segments to advertisers.
  • Fyllo's Hypertail PMP uses natural language processing for precise contextual targeting.

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Funding

Total Funding

$93.4M

Meets

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$40M
Fyllo
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Unlimited PTO

Monthly mobile stipend

Home office stipend

401K matching

Hybrid work schedule

Blue Cross Blue Shield medical coverage

Dental & vision insurance

Parental leave

Pre-tax commuter programs

Learning & development programs

Growth & Insights and Company News

Headcount

6 month growth

-10%

1 year growth

-8%

2 year growth

-10%
MarTech Series
Jan 30th, 2024
Fyllo|Semasio Names Jeff Ragovin Ceo, Announces Contextual Targeting Transition

Fyllo|Semasio, the leading provider of contextual targeting solutions, announced that Jeff Ragovin has been elevated from President to CEO. At the same time, Ragovin announced that the company has begun migrating its entire portfolio of audience taxonomy data into privacy-compliant contextual segments via its Semasio targeting platform, which advertisers can use to drive performance in a post-cookie environment. The transition is currently underway and should be fully complete in Q1 2024.With the transition, Fyllo laid out its vision of Semasio and contextual advertising as the future of privacy-compliant performance while reengineering how the company does business. The new contextual audiences will be available through Semasio across all major distribution platforms, including The Trade Desk, Adform and Infillion.Marketing Technology News: MarTech Interview with Karen Ng, SVP of Product and Partnerships at HubSpot“Infillion is pleased to further our partnership with Semasio following our acquisition and relaunch of the MediaMath platform. Reintroducing Semasio to the MediaMath DSP is a key step in Infillion’s strategy,” said Rob Emrich, founder and executive chair, Infillion. “Our five-plus year collaboration with Semasio underscores their significant impact, particularly in advanced contextual and keyword targeting

Forbes
Jul 25th, 2023
He sold his business to Salesforce for $800 million, now leads An innovative data provider with cannabis roots

Fyllo, a company specializing in providing contextual targeting solutions and progressive audience data to the cannabis industry and a myriad of mainstream sectors like auto, CPG and pharma, has promoted Jeff Ragovin, a technology and business pioneer, to the role of president.

Forbes
Feb 15th, 2023
Cannabis Spending On Super Bowl Sunday Takes Slight Dip This Year

A close up of a football with a marijuana plant. gettyCannabis spending declined this past Super Bowl Sunday, with the typical checkout basket size valued at $84.61, a -4% decline from same store sales year-over-year. Despite the dip, there were still some notable patterns when it came to consumer behavior.According to data aggregated by cannabis marketing platform Fyllo, pre-rolls remained the most sought-after product on Super Bowl Sunday generating 37% of all sales that day. Chad Bronstein, founder of Fyllo, expressed little surprise about this finding, adding that pre-rolls are "the cheapest product in dispensaries." In an economically precarious climate, that can be a strong enticement for consumers."We see this sensitivity to pricing most significant among persons aged 25 to 75, where consumer spending this year around the Super Bowl decreased significantly," noted Bronstein, in an email.Interestingly, in this same vein, Fyllo found that GenZ cannabis sales surged on Super Bowl Sunday. Sales growth among the youngest demographic of 21 to 24-year-olds showed spending increases of +10%.Other significant movers and shakers category-wise included:*Dispensary gear category same store sales were up +20% this year, ranking as the second most popular product category this year;*Plants and beverages were the other two standouts, with category same store sales growing +200% and +39% respectively;In contrast, topicals and edibles category sales were down -36% and -25% this year. Bronstein speculated that this decline is "potentially a response to pricing, driven by higher manufacturing costs, especially for those looking to optimize the cost of their high."Slowing West Coast sales were countered with increases in the East and South

PR Newswire
Jan 24th, 2023
Fyllo Introduces Hypertail Pmp, Ai-Driven, Interest-Based Contextual Targeting Solution

Hypertail PMP eliminates waste and adds greater efficiency by targeting advertisers' most passionate audiences on "long-tail" sitesCHICAGO, Jan. 24, 2023 /PRNewswire/ -- Fyllo , the leading platform providing data-driven marketing and regulatory solutions, today announced the launch of Hypertail PMP, a solution that helps advertisers contextually reach their target audiences through the unique set of websites essential to their passions and lifestyles. Hypertail PMP uncovers the advantage of long-tail media leveraging the power of natural language processing and semantic targeting to determine the most compelling ad inventory for reaching consumers engaged with hyper-relevant content.By identifying long-tail sites where a brand's most passionate, hyper-obsessive consumers are frequenting, Hypertail PMP brings the most efficient and targeted opportunities for performance to any programmatic marketer, yet it is particularly well-suited for advertisers promoting niche products/services where consumers are less likely to be engaging with mainstream publications.The power of Hypertail PMP lies in its ability to supplement and supercharge existing targeting efforts by using natural language processing to identify the exact places where a target audience is consuming specific content with a higher level of affinity, uncovering opportunities for brands to break through the clutter and competition on "mainstream" websites and publications by targeting high-value, long tail media. In other words, Hypertail PMP delivers options to reach audiences cost-effectively–in places competitors most likely haven't found–all while maximizing results."Contextual targeting is a must for brands operating in a truly 'privacy-first' world, but not all solutions are created equal," said Chad Bronstein, Founder and CEO at Fyllo. "Keyword targeting on major websites only paints a vague, and sometimes misleading, picture of a brand's target consumer at a higher cost. Hypertail PMP's ability to build semantic topics identifying hyper-engaged enthusiasts on niche sites more precisely connects the brand directly to their target audience at a lower cost, allowing for greater scalability and significantly improved performance."Hypertail PMP is the first of several new and upcoming product launches resulting from Fyllo's acquisition of unified targeting pioneer, Semasio, in April of 2022."The media landscape has changed dramatically in recent years, pushing consumers to content that speaks directly to them instead of aggregated news from big mainstream publishers," said Jeff Ragovin, Chief Commercial Officer, Fyllo

Retail TouchPoints
Dec 12th, 2022
Columbia Care to Pilot New In-Store Retail Media Offering Designed for Cannabis Dispensaries

Marketing and regulatory consultancy Fyllo has launched a new retail media network (RMN) created specifically for the cannabis sector.

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