LoopMe, a leading technology company that uses artificial intelligence (AI) to improve brand advertising performance, has announced significant company growth and global executive promotions.

LoopMe expanded its operations by hiring 50+ new employees in 2023, a 20 per cent increase in workforce in 2023.

This personnel expansion supports an increase in demand for LoopMe’s AI-led brand advertising solutions, which has been also demonstrated by the company’s double digit revenue growth.

Stephen Upstone, CEO of LoopMe, said: “We are seeing the benefit of our decade-plus investment in AI – which powers all of our products and is providing great value for customers – underpinning double digit growth in 2023, which was a difficult year for many AdTech companies.”

As part of its expansion, LoopMe has promoted Rob Cukierman to a newly created role of chief product officer.

Cukierman said: “LoopMe’s growth since I joined the team more than two years ago, and especially over the past 12 months, has been incredibly exciting to be a part of.

“I’m looking forward to continuing that momentum, and am thrilled to be leading our new product commercialization and development teams, as we continue to address and help solve our customers’ challenges.”

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LoopMe also announced two new hires – Slava Taraskin, VP business development, overseeing the growth of publisher partnerships and supply inventory, and Adam Parker, VP of corporate development and strategy, responsible for strategic initiatives for future growth opportunities.

Additionally, the company has promoted Matt Petillo to AVP East Coast Sales, Matt Costabile to AVP client services, Natasha Alarakhia to AVP client services – international, and Dmytro Ivanskyi to AVP operations.

All of these employees have been working at LoopMe for several years.

LoopMe makes brand advertising better, outperforming industry benchmarks for leading global brands.

The company was founded in 2012 and is headquartered in the UK, with global offices across New York, Boston, Atlanta, Chicago, Detroit, San Francisco, Los Angeles, Toronto, Singapore, Sydney, Tokyo, Dnipro, Krakow and Hong Kong.

Revenues top £90m at MarTech 50 star LoopMe