LoopMe Generates Double-Digit Revenue Growth & Expands UK Leadership Team

by ExchangeWire PressBox on 22nd Feb 2024 in News

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

*Adam Parker, VP Corporate Development of Strategy, LoopMe UK*

LoopMe expanded its operations by hiring 50+ new employees, a 20% 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.

“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 ad tech companies,” said Stephen Upstone, CEO of LoopMe. “LoopMe also secured two new patents in 2023 and has a pipeline of new innovation and patents coming in 2024 and beyond.”

As part of its expansion, LoopMe has announced two UK hires:

Slava Taraskin, VP business development, overseeing the growth of publisher partnerships and supply inventory
Adam Parker, VP of corporate development & strategy, responsible for strategic initiatives for future growth opportunities.

*Slava Taraskin, VP Business Development*, *LoopMe UK*

LoopMe also announced the promotions of two senior leaders: Rob Cukierman, chief product officer, a newly created role for the company, and Brian Bell, GM, North America.

"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 commercialisation and development teams, as we continue to address and help solve our customers’ challenges," said Cukierman.

Additional promotions include 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, demonstrating success and showcasing long tenure and progress in their careers with the company.

For more information on positions that LoopMe is currently hiring for, please visit here.