Madhive

Madhive

Programmatic TV advertising platform with targeting

Overview

MadHive provides a full-stack platform for programmatic TV advertising in Connected TV (CTV) and OTT. It serves broadcasters, brands, agencies, and ad tech platforms, offering tools to plan campaigns, forecast performance, build RFPs, and manage dayparts (airing ads at specific times). The platform also delivers advanced reporting, brand lift studies, and web/mobile attribution to measure campaign impact. It stands out with its decisioning engine and data mapping that cover 100% OTT markets across 210 US DMAs, allowing precise targeting of hard-to-reach audiences. Revenue comes from fees for using the platform and services, with customizable options for clients to bring their own data, order systems, or deal IDs. The company’s goal is to help clients plan, execute, and measure TV ad campaigns more accurately and quickly, improving performance and accountability in the evolving CTV advertising space.

About Madhive

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

Industries

Data & Analytics

Enterprise Software

Company Size

201-500

Company Stage

Late Stage VC

Total Funding

$306.4M

Headquarters

New York City, New York

Founded

2016

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Simplify's Take

What believers are saying

  • Gray Media partnership expands Madhive across 117 markets before the 2026 midterm cycle.
  • Madhive hired CFO Luke Valvano on May 12, 2026, supporting capital activity.
  • Official newsroom says Madhive powers 50,000-plus campaigns daily, reinforcing operating leverage.

What critics are saying

  • Merrill v. MadHive, Inc. filed January 4, 2024, signals contract and payment risk.
  • Goldman Sachs’ $300 million investment since 2023 concentrates power and raises refinancing pressure.
  • PubMatic, The Trade Desk, and Google can squeeze Madhive’s margins and inventory access.

What makes Madhive unique

  • Madhive owns local-first DSP workflows built for broadcasters, agencies, and regional sellers.
  • Maverick AI Agents launched May 27, 2026, embedding agentic planning, activation, and measurement.
  • Gray Media adopted Madhive June 11, 2026, validating local-market reach and execution.

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Funding

Total Funding

$306.4M

Above

Industry Average

Funded Over

3 Rounds

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

Benefits

Remote Work Options

Flexible Work Hours

Conference Attendance Budget

Company News

Adweek
Jun 11th, 2026
Gray Media taps Madhive's omnichannel platform to drive local performance at scale.

Gray Media taps Madhive's omnichannel platform to drive local performance at scale. Gray Media selects Madhive DSP to drive smarter ad results. By Madhive 4 hours ago Gray Media, the nation's largest owner of top-rated local television stations and digital assets, has expanded its advertising capabilities through a strategic partnership with Madhive, the leading DSP and AI solutions partner purpose built for local media, further accelerating Gray's ability to deliver data-driven, high-performance campaigns for local businesses and agencies nationwide. "At Gray, we've built our business on a commitment to innovation and collaboration. Partnering with Madhive aligns with our vision for the future of local media, providing the technology and insights needed to drive smarter planning, greater efficiency, and stronger outcomes. We look forward to working together to diversify and accelerate innovation across our portfolio," said Mike Braun, Chief Digital Officer of Gray Media. This partnership unifies Gray Media's dominant local media footprint and trusted audience relationships with Madhive's full stack advertising solution, enabling advertisers to execute smarter planning, activation, optimization, and measurement across the campaign lifecycle through a more streamlined workflow. Gray will also gain access to Maverick AI, Madhive's enterprise intelligence layer that leverages billions of data points across a decade of local performance data to generate actionable insights for media sellers, advertising operations teams, and executives alike. "Gray Media's trusted local brands and deep regional relationships are prime examples of the critical role local media plays in our communities. With the right technology, that trusted connection to communities is what ultimately drives outcomes for advertisers," said Jim Wilson, CEO of Madhive. "Local outcomes start with local delivery. Madhive is - and always has been - committed to best in class local campaign delivery, and democratizing access to the same enterprise-grade technology, intelligence, and automation that has historically been reserved for national brands, while maintaining the local expertise and market knowledge to move the needle on real business outcomes." As part of the partnership, Gray Media will leverage Madhive's end-to-end platform, including: * Maverick AI, Madhive's enterprise intelligence layer that accelerates campaign planning, activation, optimization, and measurement through AI-powered insights and automation * Access to exclusive political audiences and voter insights through leading data partnerships with L2, Tunnl, Data Trust, TargetSmart, and more * A new generation of Maverick AI Agents that embed local-first intelligence directly into campaign workflows, helping advertisers move seamlessly from strategy to execution and performance optimization * Access to premium streaming and video inventory from leading publishers, including Disney, Paramount, Roku, Tubi, Warner Bros. Discovery, and more - including in-game live sports * Advanced audience intelligence powered by a robust data marketplace and device graph built to help advertisers reach highly qualified consumers with precision * Madhive's Fraud Free Guarantee, providing transparent, verified, and protected campaign delivery Built specifically for the operational complexities of local advertising, Madhive serves as the technology backbone for many of the industry's leading broadcasters and agencies. The company's omnichannel ad platform helps media organizations sell, execute, and optimize thousands of campaigns every day, combining premium media access, proprietary local intelligence, and AI-powered automation to drive measurable results. About Madhive Madhive is the leading DSP and AI solutions partner built specifically for local media, brands, and agencies. Its unified operating system empowers media organizations to sell, plan, activate, optimize, and measure advertising campaigns across channels. Powered by Maverick AI and more than a decade of proprietary local intelligence, Madhive helps advertisers drive better outcomes while enabling media companies to scale revenue, improve operational efficiency, and unlock new growth opportunities. Trusted by many of the nation's leading media organizations, Madhive powers 50,000+ campaigns every day.

Adweek
May 12th, 2026
Madhive appoints Luke Valvano as Chief Financial Officer.

Madhive appoints Luke Valvano as Chief Financial Officer. Madhive, the leading DSP and AI solutions partner built specifically for local brands and agencies, today announced the appointment of Luke Valvano as Chief Financial Officer. The hire marks a [...]. By Madhive May 12, 2026 Madhive, the leading DSP and AI solutions partner built specifically for local brands and agencies, today announced the appointment of Luke Valvano as Chief Financial Officer. The hire marks a significant milestone in Madhive's leadership expansion as the company accelerates adoption of its suite of products and solutions for agencies and media enterprises. "Madhive's mission is to empower the evolution of local media and our appointment of Luke as CFO strengthens our leadership team to deliver on that mission," said Jim Wilson, CEO of Madhive. "Luke's trusted leadership spanning both financial strategy and a broader advertising ecosystem makes him uniquely suited to joining us as we drive our next chapter of omnichannel growth." Luke Valvano is a seasoned financial executive with over 20 years of experience and a deep background in navigating the fragmented systems of digital and out-of-home media to deliver streamlined, scalable results. He will oversee Madhive's financial strategy and execution, supporting the high-velocity transition of local media sales toward AI-driven planning, activation, and measurement. "Madhive has created a market-leading DSP that redefined what is possible for local media," said Valvano. "As CFO, I am excited to help lead a company that prioritizes its evolving solutions including Maverick's AI solutions and other technological innovation and operational automation and excellence. We are giving local media the sophisticated technology to turn complex digital strategies into measurable, high-growth results that protect and expand their bottom line." Most recently, Valvano served as Chief Financial Officer of Intersection and Treasurer of CityBridge, where he oversaw the company's global financial operations and guided the companies through a period of transformation, growth, and significant capital activity. A seasoned executive with deep roots in the media and tech landscape, Luke has a proven track record of driving operational excellence and sustainable growth at scale. Prior to Intersection, he held senior leadership positions at Great Bowery and Titan. He began his career in the Transaction Services and Audit divisions at KPMG. With over 400 employees, the appointment reflects Madhive's continued investment in top-tier talent as it cements its role as the leading platform for planning, analytics, and outcomes for local media. The company has earned the trust of media leaders including Fox, Hearst, and News-Press & Gazette, and continues to expand its digital advertising hub for local, offering both managed and self-service solutions. About Madhive Madhive is the only unified operating system built to empower local media companies to scale their advertising businesses and extend their reach to new audiences. Madhive's customizable end-to-end platform supports the entire campaign lifecycle from proposal generation and planning to omnichannel buying, real-time optimization, and measurement. With robust workflow software that integrates seamlessly into existing systems, Madhive equips sellers with powerful tools to drive revenue. Trusted by leading local media enterprises like Fox, Scripps, and Hearst, as well as agencies such as Lifebrands, Madhive powers over 30,000 campaigns for small and medium-sized businesses every day. To learn more, visit Madhive.com.

MediaPost
Apr 13th, 2026
Maldive appoints Jones SVP, strategic sales, focuses on local media.

Maldive appoints Jones SVP, strategic sales, focuses on local media. Ad platform Madhive has named Peter Jones its senior vice president of strategic sales. The appointment comes as the company expands adoption of its local-first omnichannel DSP and data marketplace. Most recently, Jones led national and local go-to-market strategy as vice president of revenue at Premion, a TEGNA company. He brings two decades of experience in enterprise sales, CTV, digital and DOOH. Earlier in his career, he held leadership roles at TEGNA and ReachLocal, beginning his career in corporate strategy at Accenture. Jim Wilson, CEO of Madhive, said Jones' broadcast expertise "is a massive win for our clients. He understands how to turn complex, omnichannel strategies into transparent, scalable results that drive real revenue growth." Jones will oversee Madhive's strategic sales initiatives, focusing on empowering local media sales teams with AI-based targeting and optimization and flexible programmatic inventory. "Madhive doesn't just navigate the local media landscape - it has mastered its nuances," said Jones. "I've seen firsthand how the platform addresses the rapidly evolving realities of local advertising, from tighter margins and faster cycles to the need for hyperlocal precision." The company's client work has included Fox, Hearst and News-Press & Gazette.

Gridley Herald
Oct 13th, 2025
The Gridley Herald | Press Releases

Local newspaper covering the Gridley region in the heart of California | Press Releases

MarTech360
Oct 13th, 2025
Madhive Invests in Precise.AI, Underscoring Commitment to Data-Driven Innovation for Local Media

As part of this move, Jim Wilson will become CEO of Madhive.

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