United States · 
Who invested in Undertone?
Undertone's investors include JMI Equity and ORIX USA Corporation.
United States · Series A startup
Who invested in Undertone
Funding summaryUpdated 26 Oct 2026
$40Mraised across 1 round since 2008, from 1 source
- Latest round
- Series A, $40MMar 2008
- Investors
- 2
The rounds
- Mar 2008
The exit
ExitBuyerPriceWhen
AcquiredPerion$180MDec 2015
From historical deal records. Wrong? Tell us.
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Quick answers about Undertone
How much has Undertone raised?
Undertone has raised $40M across 1 round since 2008.
When did Undertone last raise?
Undertone's most recent round was a Series A of $40M in Mar 2008.
What was Undertone's biggest round?
Its most recent round, $40M in Mar 2008, is also its largest on record.
Who backed Undertone first?
Undertone's first round on record, in Mar 2008, was backed by JMI Equity and ORIX USA Corporation.
What stage is Undertone at?
Undertone's latest named round is a Series A, in Mar 2008.
Where is Undertone based?
Undertone is based in the United States.
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