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Downstream Impact Inc.

Downstream Impact Inc.

Downstream Impact Inc. is a Seattle-based marketing company developing solutions to help users increase their advertising performance on Amazon.

OverviewStructured DataIssuesContributors

Contents

downstreamimpact.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Artificial Intelligence (AI)
Artificial Intelligence (AI)
Adtech
Adtech
Digital marketing
Digital marketing
Advertising
Advertising
E-commerce
E-commerce
Marketing
Marketing
Technology
Technology
Machine learning
Machine learning
Location
Seattle
Seattle
B2X
B2B
B2B
CEO
Connor Folley
Connor Folley
0
Founder
Salim Hamed
Salim Hamed
0
Connor Folley
Connor Folley
0
AngelList URL
angel.co/company/downstream-3
Pitchbook URL
pitchbook.com/profiles...224577-19
Legal Name
Downstream Impact Inc.
Accelerator
Techstars
Techstars
Accelerator Batch
‌
Techstars Class 123 - Seattle 2018 Q1
Parent Organization
Jungle Scout
Jungle Scout
Legal classification
Corporation
Corporation
Date Incorporated
2017
Number of Employees (Ranges)
11 – 50
Email Address
press@junglescout.com
Full Address
999 3rd Avenue Suite 3300 Seattle, WA 98104 United States
CIK Number
1,737,594
Place of Incorporation
Washington (state)
Washington (state)
Investors
Techstars Kansas City Accelerator
Techstars Kansas City Accelerator
Techstars
Techstars
Techstars Seattle Accelerator
Techstars Seattle Accelerator
Unlock Venture Partners
Unlock Venture Partners
Liquid 2 Ventures
Liquid 2 Ventures
Founders' Co-op
Founders' Co-op
Revel Partners
Revel Partners
MathCapital
MathCapital
...
Founded Date
2017
Total Funding Amount (USD)
11,620,000
Latest Funding Round Date
February 2020
Competitors
Heap Analytics
Heap Analytics
Woopra
Woopra
Mixpanel
Mixpanel
dataweave
dataweave
Kissmetrics
Kissmetrics
Webgility
Webgility
Bluecore
Bluecore
Helium 10
Helium 10
...
Business Model
Subscription
CTO
Salim Hamed
Salim Hamed
0
Acquisition Transaction
‌
Acquisition of Downstream Impact Inc. by Jungle Scout
Also Known As
Downstream
Latest Funding Type
‌
Venture round
Wellfound ID
downstream-3

Other attributes

Blog
downstreamimpact.com/blog
Company Operating Status
Active
Latest Funding Round Amount (USD)
2,000,000

Downstream Impact Inc. is a developer of a self-serve programmatic advertising platform designed to simplify and automate e-commerce marketing. The company's platform uses automation to manage, scale, and optimize their advertising campaigns to directly access inventory on major advertisement exchanges. Downstream Impact was founded in 2017 by former Amazon employees Connor Folley and Salim Hamed.

Solution

Downstream Impact offers a platform to increase advertising on Amazon.com, built specifically for Amazon suppliers. The automation included in the platform includes developing operational efficiency through an analysis of a company's campaigns, delivered through Downstream's machine learning engine. The software is intended to help users understand the entire channel, track the positioning in the market, and give end-users insight into the competitive landscape. The automation is intended to give those users intelligent campaign adjustments to maximize channel efforts.

Data and dashboard

Downstream offers a dashboard for users that allows them to define the metrics they require. Features include labeling that allows users to define and group campaigns, products, and keywords as they wish; shareable dashboards; and exportable data. As well, Downstream stores long-term records of user data, which the company intends to keep safe, and gives users the chance to access it for long-term forecasting based on historical data.

Automation

The company's automation includes sales maximization systems that work to keep users on-budget and ensure that their advertising does not make a negative impact on users' growth. Also, users are able to set specific profitability goals, and the machine learning engine will tune the campaign parameters and related keywords to optimize the advertising campaigns. The automation will schedule advertising to deliver at the most optimal times of day.

Jungle Scout acquisition

Jungle Scout, an Austin-based company building tools for search and market analytics, inventory management, and sales intelligence for companies selling on Amazon, acquired Downstream Impact in March of 2021 to grow Jungle Scout's business capabilities. The acquisition occurs as Jungle Scout is also working to expand their services beyond Amazon to Google Shopping, Facebook, and Walmart.com.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Jungle Scout raises $110M, acquires Downstream Impact to help 3rd parties sell on marketplaces like Amazon

Ingrid Lunden

https://techcrunch.com/2021/03/04/jungle-scout-raises-110m-acquires-downstream-impact-to-help-3rd-parties-sell-on-marketplaces-like-amazon/

Web

March 4, 2021

References

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