- Business
- Propel Media, Inc. (OTCMKTS: PROM) operates as a diversified online advertising company focused on performance-based digital marketing solutions in the United States and internationally. The company delivers targeted advertising through its proprietary Propel Media Platform, which supports video, display, and text-based ads via a self-serve platform and managed services option; it primarily reaches users within its owned and operated member-based network. Propel Media also operates the DeepIntent platform, providing data-driven programmatic advertising integrated with data management capabilities, including first-party CRM data, third-party user data, and real-time consumer interest analysis via natural language processing algorithms. Founded in 2006 and headquartered in Irvine, California, the company serves advertisers seeking customer acquisition across desktop, mobile, tablet, and connected TV environments.
In June 2017, Propel Media acquired DeepIntent Technologies, Inc., enhancing its programmatic capabilities and expanding into advanced data-driven ad targeting for large brands and agencies. As of Q3 2025, the company agreed to be acquired by Vitruvian Partners for $1.451 per share, with proceeds received subsequent to quarter-end and potential additional payments from escrow related to debt and working capital adjustments. Propel Media maintains a lean operation with approximately 55 employees and trades on the OTC Markets under the ticker PROM.