Exited portfolio company
Blis, a leading advertising technology company, empowers brands to understand their audiences without compromising personal data. The ProVen VCTs first backed Blis in 2008, before Beringea's US funds co-led a 2012 investment round to fuel product innovation and US expansion, particularly in the Midwest.
In 2016, Beringea’s US funds further supported Blis with a $25m growth round, helping the company strengthen its market presence across key sectors and geographies. Blis’ privacy-first approach positioned it as a standout in the adtech sector.
In 2022, both the UK and US funds successfully exited their investment, as Blis secured a significant funding round from LDC, marking the culmination of a long-term partnership that fostered the company's global growth.