Private company
Innovid Corp.
In its 2024 annual report the company says: “Innovid is a leading enterprise software platform for the creation, delivery, measurement, and optimization of advertising across connected TV, linear TV, mobile, and desktop environments. We provide critical technology infrastructure for many of the world’s largest brands, agencies, and publishers, and empower them to create ad-supported TV experiences people love.”3 It is headquartered in New York, New York.1
Last updated Oct 21, 2026.
Overview
- IndustryServices-Prepackaged Software1
- HeadquartersNew York, New York1
- Incorporated inDE2
- Business address116 East 16Th Street, 6Th Floor, New York, Ny 100032
- Filer category, Emerging growth company2
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Innovid is a leading enterprise software platform for the creation, delivery, measurement, and optimization of advertising across connected TV (“CTV”), linear TV, mobile, and desktop environments. We provide critical technology infrastructure for many of the world’s largest brands, agencies, and publishers, and empower them to create ad-supported TV experiences people love. Our vision—that television should be open for everyone, and controlled by no one—is at the heart of how we operate our business as an independent platform, and as a strategic, trusted partner for our clients.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Cost of revenue24¢$33.8M
- Research and development19¢$26.9M
- Other costs55¢$76.8M
- Income tax2¢$2.4M
Out of $139.9M in revenue.4 The company lost money this year.
Where each dollar of operating cash went, fiscal 2023
- Capital spending5¢$684.0K
- Kept or used elsewhere95¢$11.8M
Out of $12.4M of cash from operations.4
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Revenue | $56.3M5 | $68.8M6 | $90.3M4 | $127.1M4 | $139.9M4 | |
| Cost of revenue | $10.6M5 | $12.3M6 | $17.7M4 | $30.2M4 | $33.8M4 | |
| Gross profit | $45.8M5 | $56.4M5 | $72.5M5 | |||
| Research and development | $14.8M5 | $18.0M6 | $24.3M4 | $31.1M4 | $26.9M4 | |
| Operating expenses | $78.4M5 | |||||
| Operating income | -$6.0M5 | $1.1M6 | -$5.8M4 | -$29.7M4 | -$33.0M4 | |
| Income before tax | -$10.2M4 | -$16.4M4 | -$29.5M4 | |||
| Income tax | $902.0K5 | $1.2M6 | $1.2M4 | $2.0M4 | $2.4M4 | |
| Net income | -$7.3M5 | -$812.0K6 | -$11.5M4 | -$18.4M4 | -$31.9M4 | |
| Earnings per share | -$0.595 | -$0.516 | -$3.314 | -$0.144 | -$0.234 | |
| Earnings per share (diluted) | -$0.595 | -$0.516 | -$3.314 | -$0.144 | -$0.234 | |
| Shares (weighted, basic) | 26.7M shares4 | 130.8M shares4 | 138.6M shares4 | |||
| Shares (weighted, diluted) | 26.7M shares4 | 130.8M shares4 | 138.6M shares4 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Cash | $3.6M5 | $11.6M5 | $15.6M6 | $156.7M4 | $37.5M4 | $49.6M4 |
| Receivables | $35.4M6 | $43.7M4 | $46.4M4 | |||
| Current assets | $51.6M5 | $195.2M6 | $93.8M4 | $101.6M4 | ||
| Property, plant and equipment | $4.8M6 | $14.3M4 | $18.4M4 | |||
| Goodwill | $4.6M4 | $117.0M4 | $102.5M4 | |||
| Intangible assets | $06 | $29.9M4 | $24.3M4 | |||
| Total assets | $59.5M5 | $205.5M6 | $259.6M4 | $250.0M4 | ||
| Accounts payable | $5.0M6 | $3.4M4 | $2.8M4 | |||
| Short-term debt | $6.0M6 | $06 | ||||
| Current liabilities | $11.0M5 | $21.9M6 | $21.2M4 | $25.5M4 | ||
| Long-term debt | $7.5M5 | $06 | $20.0M4 | $20.0M4 | ||
| Long-term liabilities | $22.4M6 | $32.5M4 | $28.5M4 | |||
| Total liabilities | $22.2M5 | $44.3M6 | $53.7M4 | $54.0M4 | ||
| Retained earnings | -$132.5M6 | -$150.9M4 | -$182.8M4 | |||
| Shareholders’ equity | -$33.9M5 | -$42.8M6 | -$49.7M4 | $161.3M4 | $205.9M4 | $196.0M4 |
| Shares outstanding | 16.3M shares5 | 119.0M shares6 | 133.9M shares4 | 141.2M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Cash from operations | -$9.0M5 | -$4.2M6 | -$2.4M4 | -$11.6M4 | $12.4M4 | |
| Depreciation and amortization | $661.0K4 | $6.1M4 | $13.0M4 | |||
| Stock-based compensation | $3.3M4 | $13.8M4 | $20.0M4 | |||
| Capital spending | $1.7M5 | $1.0M6 | $549.0K4 | $488.0K4 | $684.0K4 | |
| Free cash flow | -$10.6M | -$5.2M | -$3.0M | -$12.0M | $11.8M | |
| Cash from investing | -$3.7M4 | -$119.4M4 | -$479.0K4 | |||
| Cash from financing | $147.2M4 | $11.8M4 | $794.0K4 |
Corporate structure
Innovid Corp. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Innovid Corp.
- GLAZER CAPITAL, LLC Filed SCHEDULE 13G/A on Innovid Corp., latest May 15, 2025 (2 filings since Feb 11, 2025)
- ION Crossover Partners Ltd Filed SCHEDULE 13G/A on Innovid Corp., latest May 15, 2025 (3 filings since May 28, 2024)
- SEQUOIA CAPITAL ISRAEL IV, L.P. Filed SCHEDULE 13G/A on Innovid Corp., latest May 14, 2025 (3 filings since Dec 10, 2021)
- Phoenix Financial Ltd. Filed SCHEDULE 13G/A on Innovid Corp., latest Feb 5, 2025 (3 filings since Aug 1, 2024)
- BlackRock Filed SCHEDULE 13G on Innovid Corp., latest Jan 30, 2025
- Vintage Fund 5 Ltd. Filed SC 13G/A on Innovid Corp., latest Apr 1, 2024 (4 filings since Dec 30, 2021)
- Goldman Sachs Filed SC 13G/A on Innovid Corp., latest Feb 13, 2024 (3 filings since Feb 11, 2022)
- ION Holdings 2, LP Filed SC 13G on Innovid Corp., latest May 17, 2023 (2 filings since Dec 20, 2021)
- GENESIS PARTNERS III LP Filed SC 13D/A on Innovid Corp., latest Mar 29, 2023 (2 filings since Dec 10, 2021)
- Lauderdale GmbH & Co. KG Filed SC 13G on Innovid Corp., latest Feb 9, 2022
- GOLDMAN SACHS & CO. LLC Filed SC 13G on Innovid Corp., latest Dec 10, 2021
- Zvika Netter Filed SC 13D on Innovid Corp., latest Dec 10, 2021
- Innovid Corp. New York, New York
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Innovid Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $28.7M4 Dec 31, 2023 | $18.3M4 Dec 31, 2022 | +56.7% |
| Accumulated depreciation | $10.3M4 Dec 31, 2023 | $4.0M4 Dec 31, 2022 | +157.8% |
| Property and equipment, net | $18.4M4 Dec 31, 2023 | $14.3M4 Dec 31, 2022 | +28.6% |
| Operating-lease assets (leased space) | $1.4M4 Dec 31, 2023 | $2.9M4 Dec 31, 2022 | −50.7% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $49.6M4 Dec 31, 2023 | $37.5M4 Dec 31, 2022 | +32.1% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $102.5M4 Dec 31, 2023 | $117.0M4 Dec 31, 2022 | −12.4% |
| Intangible assets, net (excluding goodwill) | $24.3M4 Dec 31, 2023 | $29.9M4 Dec 31, 2022 | −18.7% |
| Finite-lived intangibles, gross | $32.2M4 Dec 31, 2023 | $34.2M4 Dec 31, 2022 | −5.9% |
| Accumulated amortization | $7.9M4 Dec 31, 2023 | $4.3M4 Dec 31, 2022 | +84.6% |
| Finite-lived intangibles, net | $24.3M4 Dec 31, 2023 | $29.9M4 Dec 31, 2022 | −18.7% |
Leadership
Who has led Innovid Corp., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerGilad Shany Feb 10, 2021 to Feb 10, 202110
- Chief executive officerZvika Netter Dec 2, 2021 to Feb 13, 202511
- PresidentAvrom Gilbert Feb 10, 2021 to Feb 10, 202112
- Chief financial officerAnthony Callini Oct 20, 2023 to Feb 13, 202513
- Chief financial officerAnthony Reich Feb 10, 2021 to Feb 10, 202114
- Chief financial officerTanya Andreev-Kaspin Dec 2, 2021 to Apr 3, 202315
- Chief operating officerKenneth Markus Mar 7, 2023 to Feb 13, 202516
- Chief operating officerAvrom Gilbert Feb 10, 2021 to Feb 10, 202112
Board members and other officers (15)
- Chief Commercial OfficerDavid Helmreich Mar 6, 2023 to Aug 8, 202417
- See Explanation of ResponsesGilad Shany Feb 10, 2021 to Feb 10, 202118
- Chief Technology OfficerTal Chalozin Dec 2, 2021 to Jan 5, 202319
- Board memberGenevieve Juillard Apr 20, 2023 to Feb 13, 202520
- Board memberBrian F. Hughes Jul 12, 2022 to Feb 13, 202521
- Board memberGabi Seligsohn Feb 10, 2021 to Feb 10, 202122
- Board memberGilad Shany Feb 10, 2021 to Feb 14, 202518
- Board memberJonathan Kolber Feb 10, 2021 to Feb 10, 202123
- Board memberLior Shemesh Feb 10, 2021 to Feb 10, 202124
- Board memberRinat Gazit Feb 10, 2021 to Feb 10, 202125
- Board memberJonathan Saacks Dec 2, 2021 to Jun 8, 202326
- Board memberMichael A. Dipiano Dec 2, 2021 to Feb 13, 202527
- Board memberRachel Lam Dec 2, 2021 to Aug 16, 202328
- Board memberSteven Cakebread Dec 2, 2021 to Jun 9, 202229
- Board memberZvika Netter Dec 2, 2021 to Feb 13, 202511
Former names
- ION Acquisition Corp 2 Ltd.Dec 15, 2020 to Nov 26, 20212
Timeline
- Feb 13, 20258-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer30
- Feb 11, 20258-K Shareholder vote31
- Feb 3, 20258-K Other events32
- Nov 21, 20248-K Entered a material agreement; Other events33
- Nov 21, 20248-K Entered a material agreement; Other events34
- Nov 12, 20248-K Results of operations35
- Sep 18, 20248-K Executive or director change36
- Sep 3, 20248-K Executive or director change37
- Aug 6, 20248-K Results of operations38
- Jun 11, 20248-K Shareholder vote39
- May 7, 20248-K Results of operations40
- Mar 12, 20248-K Executive or director change41
- Dec 2, 2021New chief executive Zvika Netter becomes CEO11
- Feb 10, 2021New chief executive Gilad Shany becomes CEO10
Calendar
When it reported results
- Nov 12, 2024Reported quarterly or annual results35
- Aug 6, 2024Reported quarterly or annual results38
- May 7, 2024Reported quarterly or annual results40
- Feb 27, 2024Reported quarterly or annual results42
- Nov 8, 2023Reported quarterly or annual results43
- Oct 16, 2023Reported quarterly or annual results44
- Aug 8, 2023Reported quarterly or annual results45
- May 9, 2023Reported quarterly or annual results46
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
273 filings to the SEC since October 2021: 3 annual reports, 11 quarterly reports, 46 major events, 102 insider forms, 26 large holders, 85 other. The latest 20:
- May 15, 2025SCHEDULE 13G/A EDGAR
- May 15, 2025SCHEDULE 13G/A EDGAR
- May 14, 2025SCHEDULE 13G/A EDGAR
- Feb 24, 202515-12G EDGAR
- Feb 21, 2025EFFECT EDGAR
- Feb 21, 2025POS AM EDGAR
- Feb 14, 2025RW EDGAR
- Feb 14, 2025S-8 POS EDGAR
- Feb 14, 20254 EDGAR
- Feb 13, 20254 EDGAR
- Feb 13, 20254 EDGAR
- Feb 13, 20254 EDGAR
- Feb 13, 20254 EDGAR
- Feb 13, 20254 EDGAR
- Feb 13, 20254 EDGAR
- Feb 13, 20258-K EDGAR
- Feb 11, 20258-K EDGAR
- Feb 11, 2025SCHEDULE 13G EDGAR
- Feb 5, 2025SCHEDULE 13G/A EDGAR
- Feb 3, 2025DEFA14A DEFA 14A EDGAR
The 273 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
23 open-market trades by officers, directors and large owners since October 2021: 18 buys and 5 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 22, 2024 | Helmreich DavidChief Commercial Officer | Sale | 50,000 | $2.09 | $104.5K | Form 4 |
| May 22, 2024 | SC ISRAEL IV GENPAR, LTD.10% owner | Sale | 8,000,000 | $2.10 | $16.8M | Form 4 |
| May 21, 2024 | Netter ZvikaChief Executive Officer | Buy | 20,000 | $2.07 | $41.4K | Form 4 |
| Feb 29, 2024 | Callini AnthonyChief Financial Officer | Buy | 11,000 | $1.82 | $20.0K | Form 4 |
| Feb 28, 2024 | Netter ZvikaChief Executive Officer | Buy | 25,000 | $1.84 | $46.0K | Form 4 |
| Nov 22, 2023 | Callini AnthonyChief Financial Officer | Buy | 18,000 | $1.34 | $24.1K | Form 4 |
| Nov 21, 2023 | Callini AnthonyChief Financial Officer | Buy | 20,000 | $1.31 | $26.2K | Form 4 |
| Nov 20, 2023 | Callini AnthonyChief Financial Officer | Buy | 750 | $1.29 | $968 | Form 4 |
| Nov 20, 2023 | Helmreich DavidChief Commercial Officer | Buy | 20,000 | $1.31 | $26.2K | Form 4 |
| Nov 10, 2023 | Netter ZvikaChief Executive Officer | Buy | 50,000 | $1.29 | $64.5K | Form 4 |
| Aug 18, 2023 | Helmreich DavidChief Commercial Officer | Buy | 20,000 | $1.14 | $22.8K | Form 4 |
| Aug 16, 2023 | Shany GiladDirector | Buy | 17,340 | $1.09 | $18.9K | Form 4 |
| Aug 15, 2023 | Shany GiladDirector | Buy | 45,000 | $1.10 | $49.5K | Form 4 |
| Aug 15, 2023 | Netter ZvikaChief Executive Officer | Buy | 50,000 | $1.09 | $54.5K | Form 4 |
| Aug 15, 2023 | Lam RachelDirector | Buy | 10,000 | $1.09 | $10.9K | Form 4 |
| Aug 11, 2023 | Helmreich DavidChief Commercial Officer | Buy | 50,000 | $1.09 | $54.5K | Form 4 |
| May 25, 2023 | Shany GiladDirector | Buy | 28,328 | $1.19 | $33.7K | Form 4 |
| May 25, 2023 | Helmreich DavidChief Commercial Officer | Buy | 100,000 | $1.24 | $124.0K | Form 4 |
| May 23, 2023 | Shany GiladDirector | Buy | 32,660 | $1.07 | $34.9K | Form 4 |
| May 19, 2023 | Netter ZvikaChief Executive Officer | Buy | 100,000 | $0.97 | $97.0K | Form 4 |
All 23 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- GLAZER CAPITAL, LLCSCHEDULE 13G/A, 2 filings Feb 11, 2025 to May 15, 202547
- ION Crossover Partners LtdSCHEDULE 13G/A, 3 filings May 28, 2024 to May 15, 202548
- SEQUOIA CAPITAL ISRAEL IV, L.P.SCHEDULE 13G/A, 3 filings Dec 10, 2021 to May 14, 202549
- Phoenix Financial Ltd.SCHEDULE 13G/A, 3 filings Aug 1, 2024 to Feb 5, 202550
- BlackRockSCHEDULE 13G, 1 filing Jan 30, 202551
- Vintage Fund 5 Ltd.SC 13G/A, 4 filings Dec 30, 2021 to Apr 1, 202452
- Goldman SachsSC 13G/A, 3 filings Feb 11, 2022 to Feb 13, 202453
- ION Holdings 2, LPSC 13G, 2 filings Dec 20, 2021 to May 17, 202354
- GENESIS PARTNERS III LPSC 13D/A, 2 filings Dec 10, 2021 to Mar 29, 202355
- Lauderdale GmbH & Co. KGSC 13G, 1 filing Feb 9, 202256
- GOLDMAN SACHS & CO. LLCSC 13G, 1 filing Dec 10, 202157
- Zvika NetterSC 13D, 1 filing Dec 10, 202158
SEC filer profile
How Innovid Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARInnovid Corp.1
- CIK0001835378
- Filer status<br>emerging growth company1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)7372 Services-Prepackaged Software1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address116 East 16Th Street, 6Th Floor, New York, NY 100031
- Phone21296675551
- Shares outstanding148,473,428 as of Oct 31, 20249
- Public float$116.0M as of Jun 30, 20234
- On EDGAR sinceDec 15, 20201
- Filings315 in all: 4 (88), 8-K (46), 3 (22), 424B3 (21), 425 (19), 10-Q (12), DEFA14A (9), SC 13G (9)1
All 38 form types
144 (8), CORRESP (8), EFFECT (8), SC 13G/A (8), 8-K/A (6), UPLOAD (6), 10-K (4), POS AM (4), S-1/A (4), SCHEDULE 13G/A (4), DEF 14A (3), S-1 (3), S-4/A (3), 25-NSE (2), SC 13D (2), SCHEDULE 13G (2), 10-Q/A (1), 15-12G (1), 424B4 (1), 8-A12B (1), CERT (1), DEFM14A (1), DRS (1), NT 10-Q (1), PREM14A (1), RW (1), S-4 (1), S-8 (1), S-8 POS (1), SC 13D/A (1)
- Latest filingsAnnual report (10-K) Feb 29, 2024
Quarterly report (10-Q) Nov 12, 2024
Proxy statement (DEF 14A) Apr 29, 2024
Latest 8-K (8-K) Feb 13, 2025
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARInnovid Corp. filings on SEC EDGAR
- 2SEC EDGARInnovid Corp. filings on SEC EDGAR
- 3
- 4SEC EDGARInnovid Corp. 10-K for fiscal 2023
- 5SEC EDGARInnovid Corp. 10-K for fiscal 2019
- 6SEC EDGARInnovid Corp. 10-K for fiscal 2020
- 7SEC EDGARInnovid Corp. 10-Q for fiscal 2024
- 8SEC EDGARInnovid Corp. 10-Q for fiscal 2024
- 9SEC EDGARInnovid Corp. 10-Q for fiscal 2024
- 10SEC EDGARGilad Shany, Chief executive officer
- 11
- 12SEC EDGARAvrom Gilbert, President
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20SEC EDGARGenevieve Juillard, Board member
- 21SEC EDGARBrian F. Hughes, Board member
- 22SEC EDGARGabi Seligsohn, Board member
- 23SEC EDGARJonathan Kolber, Board member
- 24SEC EDGARLior Shemesh, Board member
- 25SEC EDGARRinat Gazit, Board member
- 26SEC EDGARJonathan Saacks, Board member
- 27SEC EDGARMichael A. Dipiano, Board member
- 28SEC EDGARRachel Lam, Board member
- 29SEC EDGARSteven Cakebread, Board member
- 30
- 31SEC EDGARShareholder vote
- 32SEC EDGAROther events
- 33
- 34
- 35SEC EDGARResults of operations
- 36SEC EDGARExecutive or director change
- 37SEC EDGARExecutive or director change
- 38SEC EDGARResults of operations
- 39SEC EDGARShareholder vote
- 40SEC EDGARResults of operations
- 41SEC EDGARExecutive or director change
- 42
- 43
- 44
- 45
- 46
- 47
- 48
- 49
- 50
- 51
- 52
- 53
- 54
- 55
- 56
- 57
- 58SEC EDGARZvika Netter SC 13D on Innovid Corp.