H
Hudson MX
Developing next-generation software for the modern media industry
About Hudson MX
Hudson MX provides a software-as-a-service (SaaS) platform tailored for the advertising industry, specifically targeting media buying and financial operations. The company was established in 2016 by JT Batson, who brought extensive experience from his roles at The Rubicon Project, a publicly-traded ad-tech firm, and as a digital marketing agency owner. This background provided him with firsthand knowledge of the inefficiencies within traditional media buying workflows, which became the foundational problem Hudson MX aimed to solve. The firm has secured significant financial backing, including a notable $63 million funding round in 2020 led by Ascential plc, which also acquired a minority stake in the business.
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The core of Hudson MX's offering is its cloud-based platform, AgencyCloud™, designed to unify and streamline the entire media lifecycle for advertising agencies and brands. This integrated system replaces outdated, often manual processes that rely on disparate spreadsheets and legacy software. The platform's capabilities cover a wide spectrum of media operations, from budget management and campaign authorization to the actual buying, tracking, billing, and payment processes across various media channels. This centralized approach aims to give clients a holistic, real-time view of their media investments, fostering greater transparency and control over their advertising spend.
The business model is centered on providing its enterprise software to media agencies of all sizes, from large holding companies to independent firms, as well as to brands that manage their media buying in-house. By offering a modular suite of tools, Hudson MX allows clients to adopt the specific functionalities they need, whether it's for managing local TV, digital video, or other media types. A key benefit emphasized is the potential for significant operational efficiency and cost savings, achieved by automating complex tasks and providing clearer financial oversight. For example, its flagship product, BuyerAssist™, digitizes the local broadcast TV buying process, a segment historically burdened by manual workflows. Another feature, FinanceAssist™, integrates with accounting systems to automate billing and payments, further reducing administrative overhead and improving financial reconciliation for its clients. Keywords: media buying, ad-tech, SaaS, financial operations, advertising software, workflow automation, media investment, agency software, local TV advertising, media finance
Latest news
Press, funding announcements and product moves mentioning Hudson MX.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GROWTH EQUITY VCOther financing | Feb 2023 | $0 | — | Ascential | ↗ |
| SERIES DOther financing | Feb 2021 | $64M | $254M | Ascential | — |
Growth signals
Latest recorded traffic for Hudson MX is 2.3K monthly website visits, up 109.1% over the last three months. Hudson MX's team declined 20.8% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed4 investors entered at this stage
Adam Marchick
Coelius Capital
James Conigliaro- CUCSC Upshot
Series A3 investors entered at this stage
- RPRevel Partners
Aperiam Ventures
Ascential
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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