MNTN provides a digital advertising platform focused on Performance TV that optimizes connected TV campaigns to improve ROI. Its software runs hundreds of thousands of optimizations daily, adjusting bids, placements, and creative elements to maximize performance. It charges clients to use the software for their TV campaigns, and differentiates itself with a TV-focused optimization approach, a high cadence of automated improvements, industry recognition, and partnerships. Its goal is to help brands maximize return on ad spend through data-driven Connected TV advertising.
Work here?Claim your company
Industries
Company Size
501-1,000
Company Stage
IPO
Headquarters
Los Angeles, CA
Founded
2009
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Total Funding
$175.6M
Above
Industry Average
Funded Over
4 Rounds
Industry standards
Law firm Levi & Korsinsky is investigating whether MNTN, Inc. (NYSE: MNTN) adequately disclosed sales problems before its third-quarter 2026 results, announced on November 4, 2026. MNTN reported revenue of $80.3 million, below its guidance of $86 million to $89 million and 8.4% under the $87.7 million consensus. Adjusted earnings were $0.10 per share against a $0.25 consensus. The company also cut its full-year revenue outlook. Shares fell about 45% in premarket trading on November 5, 2026. Analysts downgraded the stock and cut price targets. The investigation examines whether MNTN misled investors about its revenue outlook and sales operations, including compensation changes that contributed to salesforce attrition.
Kehoe Law Firm, P.C. is investigating potential securities claims for investors in MNTN, Inc. (NYSE: MNTN) after the company cut its outlook and said it lost sales staff. MNTN shares fell more than 50% in intraday trading on November 5, 2026. On November 4, MNTN reported third-quarter revenue of about $80.3 million and adjusted EBITDA of about $19.9 million. Both missed its August guidance of $86 million to $89 million in revenue and $22 million to $25 million in adjusted EBITDA. The company lowered its full-year outlook to revenue of $311 million to $314 million and adjusted EBITDA of $66 million to $68 million. In August, it had projected $347 million to $357 million and $96 million to $101 million. Chief executive officer Tony Weisman said MNTN lost about 40% of its experienced quota-carrying sellers. He said changes to sales structure and pay hurt its ability to win new customers, and that the team was told in late Q2.
MNTN and Klaviyo have launched an integration connecting performance TV advertising with email and SMS marketing workflows. The two-way integration allows marketers to activate Klaviyo customer audiences—including repeat buyers and cart abandoners—on MNTN's Connected TV platform, then automatically trigger personalised email and text campaigns after viewers see TV ads. The partnership addresses the historical disconnect between television advertising and digital marketing channels. Brands can now use a single customer data source across Connected TV, email, and SMS without manually rebuilding audiences. MNTN CEO Mark Douglas said the integration "unlock[s] the credibility and scale that TV can deliver for brands of any size". Klaviyo's Eddie O'Brien noted that marketing automation can now extend to TV, allowing brands to reach audiences "on the biggest screen in the home".
MNTN reported second quarter 2026 revenue of $82.5 million, representing 21% year-over-year growth, and adjusted EBITDA of $21.5 million, up 48% year-over-year. Both metrics came in at the high end of company guidance. Chief executive officer Mark Douglas said the company is reiterating its full-year 2026 outlook. He noted that MNTN's Performance TV category is transitioning from early adopters to mainstream marketing use. The company began expanding its sales organisation in Q4 2025 and is focusing on three priorities: expanding products with continued AI investment, broadening access to premium television inventory, and strengthening its go-to-market organisation. Douglas said the moves represent execution at greater scale rather than a strategic shift.
MNTN Inc. has entered a strategic collaboration with Upwave to integrate brand measurement capabilities into its Connected TV advertising platform. The partnership will enable MNTN advertisers to measure and optimise Brand Lift for their campaigns through a streamlined click-to-measure process. The integration will provide marketers with faster access to data on how their MNTN Performance TV advertisements impact brand awareness, consideration and other key indicators. Advertisers will be able to evaluate brand outcomes and access results more quickly through a simplified setup process. MNTN operates a technology platform connecting performance marketing with Connected TV, offering self-serve technology that enables advertisers to broadcast TV commercials whilst driving measurable conversions and site visits.
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs
Industries
Company Size
501-1,000
Company Stage
IPO
Headquarters
Los Angeles, CA
Founded
2009
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs