The Sydney-based startup has partnered with global DOOH software provider Vistar Media to roll out the offering.
Under the partnership, Veridooh’s industry-leading SmartCreative verification solution is available to buyers leveraging the Vistar Media demand-side platform.
The solution allows advertisers to independently track the performance of their programmatic DOOH campaigns, giving them key metrics such as panel location, environment, and plays.
Veridooh cofounder Mo Moubayed said, “Our SmartCreative technology was custom-built for the out-of-home industry with all formats, including programmatic, in mind from day one. This partnership ensures we fulfill our goal of providing independent verification for all out-of-home advertising.
“Programmatic DOOH is increasingly becoming an important part of advertisers’ media strategy, combining out-of-home’s impact with digital’s efficiency and metrics. By providing third-party verification, advertisers can have confidence that their investment is being delivered as planned, encouraging further ad spend in the sector.”
Veridooh’s recently appointed group business director Tom Drinkwater will help drive programmatic partnerships as the business’ programmatic lead. Drinkwater joined
Veridooh in February from Scroll Media where he worked closely on programmatic sales.
Veridooh’s programmatic solution with Vistar Media has already been successfully trialled by IPG’s Matterkind. It comes as programmatic DOOH continues to grow.
Almost one quarter of Australian agencies traded digital out-of-home inventory programmatically for the first time during 2020 despite the challenges placed on the
sector by the pandemic, according to an IAB report . A further 10% of agencies increased their programmatic investment during the same period.
Vistar Media’s demand-side platform and supply-side platform allow buyers and sellers to easily transact on DOOH inventory. Vistar Media covers more than 14,300
screens across Australia and New Zealand, and more than 450,000 screens around the world.
“Programmatic out-of-home is going through an exciting period of growth, particularly now that we’re moving past the pressures of the pandemic,” said Ben Baker, Vistar
Media managing director, APAC.
“Providing advertisers with independent verification can help keep this momentum going so we’re pleased to be partnering with Veridooh to offer their programmatic verification solution to clients.”
Veridooh, which has partnered with media agencies including Omnicom Media Group, GroupM, and IPG Mediabrands to verify their DOOH campaigns, recently announced a $5 million capital raise, the first external funding for the company. The business is using the funding to expand into new markets and invest in its suite of products.
Top image: Veridooh cofounder Mo Moubayed