Full-Time
Intelligent advertising solutions for brands
$85k - $105k/yr
Mid, Senior
New York, NY, USA
Hybrid
Employees living within a 90-minute commute of our NYC office are expected to be in the office three days per week.
Jun Group specializes in intelligent advertising solutions for well-known brands, agencies, and publishers. Their main product is a platform powered by a Software Development Kit (SDK) that facilitates privacy-focused advertising directly to consumers through premium mobile applications. This platform utilizes advanced AI and machine learning to ensure effective advertising performance, while the company emphasizes transparency and return on investment (ROI) rather than just impressions or click-through rates. Unlike many competitors, Jun Group has a long-standing commitment to building lasting relationships with clients by providing thoughtful insights and support. The company's goal is to guide advertisers efficiently towards their objectives while adapting to the evolving digital media landscape.
Company Size
51-200
Company Stage
Acquired
Total Funding
$218M
Headquarters
New York City, New York
Founded
2005
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Juno Hair, South Korea's largest salon brand, plans to sell a controlling stake to Blackstone Inc. to boost global expansion. Valued at over ₩800 billion ($590 million), Juno Hair is wholly owned by CEO Kang Yun-seon, who may sell over 50% of her stake while staying involved in management. The company, with 180 stores and 3,000 employees, reported revenue growth from ₩180 billion in 2019 to over ₩300 billion. Blackstone, the preferred bidder, aims to finalize the deal for international growth.
Advantage Solutions (NASDAQ: ADV) will sell its digital advertising platform, Jun Group, to Verve Group SE for approximately $185 million. The deal, expected to close in Q3 2024, includes a $130 million cash payment at closing and two subsequent installments. Proceeds will reduce debt and reinvest in the business. Jun Group, acquired in 2018, represented less than 5% of 2023 gross revenues. Advantage expects modest growth in 2024 revenue and Adjusted EBITDA, excluding divestitures.
Jun Group, a mobile advertising platform that delivers full-screen video, display and rich media campaigns for Fortune 500 advertisers, has launched a new machine learning campaign optimization tool, Vera.