Coming as a big announcement, Andrej Kiska shared on his Linkedin that “With tens of millions of daily processed ad impressions filled by major consumer brands, we are excited to lead the charge in powering the next advertising frontier – GenAI consumer companies.”
So with a $10MM seed round investment, led by M13 with participation from Torch Capital, Credo Ventures, and Parable VC, Andrej Kiska aims to use it to scale its contextual ad platform with a 13-person company, founded in 2023. The goal is to use the capital to grow its engineering team and expand into image-based ads.
Kiska continues: “Ads are inherently a force for good: they allow consumer products to remain affordable, often free, while allowing even the smallest companies to get discovered by relevant audience. And most importantly, thanks to our technology, ads don’t have to suck.”
Kontext works with brands like Amazon, Uber, and Canva to place ads inside AI chatbots, including Media Search, DeepAI, Pixel Chat, and Spicy Chat. The ads appear as branded links just beneath chatbot responses. Instead of static banners, each ad is generated in real time by the same large language model powering the conversation.
Kiska sees their product as a special one in context that “Our ads are so special that they don’t cause any user churn, and some users actually crave to see more of them. We create every ad in real-time, tailored to user’s particular intent and context, in UX that is native to chatbotls” described in his today’s Linkedin post.
Kontext aims to be the largest ad platform for AI chatbots.
