InMobi joined the Unicorn Club after raising $424.3 million across multiple funding rounds, reaching a $2 billion valuation. Founded in 2007 and headquartered in Bengaluru, Karnataka, India, InMobi provides mobile first marketing, advertising, and monetization solutions for brands, publishers, and app developers globally.
The company operates a data driven advertising platform focused on mobile user engagement and performance marketing.
Keep reading to learn how InMobi scaled into a global mobile advertising unicorn.
What Is InMobi and What Does It Do?
Founded in 2007, InMobi is a mobile advertising and marketing technology company that helps brands reach and engage consumers through mobile devices. The platform offers programmatic advertising, audience targeting, analytics, and monetization tools for publishers and app developers.
InMobi leverages data analytics, machine learning, and proprietary mobile signals to deliver personalized ad experiences at scale. Its solutions support brand awareness, user acquisition, and performance driven campaigns across global markets.
How Much Funding Has InMobi Raised?
1. Seed Round
- Amount Raised: $500,000
- Date: 2007
- Lead Investors: Mumbai Angels
- Purpose: Build initial mobile advertising platform and validate market opportunity
2. Series A Round
- Amount Raised: $8 million
- Date: 2008
- Lead Investors: Kleiner Perkins
- Purpose: Expand engineering team and scale mobile ad network
3. Series B Round
- Amount Raised: $17 million
- Date: 2010
- Lead Investors: Sherpalo Ventures, SoftBank
- Purpose: Accelerate international expansion and grow advertiser base
4. Series C Round
- Amount Raised: $40 million
- Date: 2011
- Lead Investors: SoftBank
- Purpose: Strengthen data infrastructure and mobile targeting capabilities
5. Series D Round
- Amount Raised: $210 million
- Date: 2015
- Valuation: Approximately $1 billion
- Lead Investors: SoftBank
- Purpose: Scale global operations, invest in data science, and expand product portfolio
6. Strategic and Growth Capital
- Amount Raised: Approximately $148.8 million
- Date: 2016 to 2018
- Type: Strategic and internal restructuring related funding
- Purpose: Support long term growth, product diversification, and operational restructuring
Total Funding Raised: $424.3 million Latest Funding Date: 2018 Latest Known Valuation: $2 billion
Key Investors
- SoftBank
- Details: Global technology investment firm
- Focus Areas: Internet platforms, mobile technology, and data driven businesses
- Kleiner Perkins
- Details: Venture capital firm backing category defining companies
- Focus Areas: Technology, digital media, and consumer platforms
- Sherpalo Ventures
- Details: Venture capital firm founded by Ram Shriram
- Focus Areas: Early and growth stage technology companies
- Mumbai Angels
- Details: Early stage investment network based in India
- Focus Areas: Seed stage technology and internet startups
Where Is InMobi’s Headquarters?
InMobi is headquartered in Bengaluru, Karnataka, India, serving as the core hub for its product development, data science, and global operations teams.
What’s Next for InMobi?
InMobi plans to expand its mobile marketing and advertising solutions through deeper use of AI and machine learning. The company is focused on enhancing privacy first advertising, improving personalization, and scaling global partnerships with brands and publishers. Continued investment in data platforms and emerging mobile formats positions InMobi for sustained growth in digital advertising markets.
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