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COMPANY

Nodals AI

Nodals AI is a privacy-safe programmatic buying on publisher first-party data.

Analyst Perspective

Nodals AI is a UK-based AdTech company building a programmatic media buying platform for advertisers, agencies, trading teams, publishers and media owners. Its platform connects buyers to publisher first-party data signals and runs custom algorithms directly on publisher-side data infrastructure, allowing campaign activation and optimisation without moving or exposing sensitive data. The company positions this approach around privacy-preserving activation, causal uplift measurement and more efficient use of media budgets. The business appears to combine buyer-side and seller-side platform functionality. On the demand side, it provides advertisers and agencies with campaign execution and optimisation tools. On the supply side, it enables media owners to monetise first-party data while retaining control over that data. Revenue is likely generated through software access and fees tied to media spend and platform usage.

Analyst Signal Briefing

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Category Differentiation

Nodals AI is an AdTech platform for programmatic media buying and publisher data activation, not a foundational LLM provider. It should also not be confused with a conventional data broker because its core proposition is running algorithms on publisher-held data rather than broadly reselling exported datasets.

Nodals AI: About

Nodals AI operates a B2B AdTech platform that sits between advertisers and media owners. It creates value by enabling campaign activation and optimisation using publisher first-party data without transferring the underlying datasets, which can reduce privacy risk and improve data control for sellers. For buyers, the platform offers programmatic execution and uplift-focused optimisation; for media owners, it offers monetisation of proprietary audience signals while preserving ownership and control.

How Nodals AI Works & Monetises

Business model analysis and core revenue streams

The company appears to monetise through a combination of SaaS platform fees and transaction-linked pricing associated with media spend executed through its system. The commercial model is most consistent with DSP-style platform pricing, potentially including percentage take-rates on spend, software access fees for campaign tools, and commercial value from premium publisher integrations and outcome-focused optimisation capabilities.

Revenue Channels

Platform access for media buying softwareSaaS / software subscription
Fees linked to media spend executed via the platformPercentage take-rate on programmatic media activity
Premium publisher data connectivity and activation capabilitiesCommercial add-on / enterprise platform fee

Products & Services in Categories

Verified structural categorizations from the graph

Recent Signals (Nodals AI)

ExchangeWireMar 4, 2026

AI Revolutionizes Publishing: Premium Publishers Poised to Thrive

Aly Nurmohamed of Nodals argues that AI-driven changes in discovery are shifting the industry from a 'search' economy to an 'answer' economy, which reduces high-volume, low-intent search traffic but increases the value of loyal audiences and trusted sources. He contends premium publishers can benefit by leveraging first‑party data and applying AI models to demonstrate outcome-based performance, competing with walled gardens. Nurmohamed also predicts the rise of 'agentic' media buying—AI agents that plan and execute media buys—making inventory effectiveness and demonstrable outcomes more important for publishers. He points to industry work (IAB Tech Lab, AdCP movement) and examples like Meta’s Advantage+ as signs the ecosystem is preparing for these shifts.

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VideoWeekMar 27, 2025

Curation Could Replace Programmatic Advertising

VideoWeek columnist Aly Nurmohamed argues that curation is set to overhaul programmatic advertising. While programmatic helped advertisers reach consumers in real time, it also created incentives that favored volume over quality. Curation enables advertisers to evaluate an ad placement in depth by surfacing signals from media owners about sentiment, engagement, and past ad responses before buying. Scope3 has launched the Agentic Media Platform to use Agents to understand every impression, and The Trade Desk has acquired Sincera to deepen insights into media owners. The author suggests that in 2025, curation could not only enhance but potentially replace traditional programmatic approaches by delivering higher-quality signals, improving privacy protections, and aligning buyer-seller incentives. The article references Meta’s Advantage+ as a model for leveraging signals across platforms, illustrating how richer, privacy-preserving signals could be replicated on the open internet with stronger buyer-seller collaboration.

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AdExchangerFeb 5, 2025

Nodals AI Disrupts Ad Tech with Custom Algorithm Platform

Nodals AI, a London-based startup, launched a custom algorithm advertising platform designed to replace traditional DSPs, SSPs, and ad exchanges by building direct publisher relationships. Led by Aly Nurmohamed—formerly Global Managing Director of Publisher Partnerships at Criteo and GM/COO at Permutive—the company aims to create bespoke identity and audience signals for advertisers without cross-site identity graphs or third-party IDs. Nodals positions itself as an ad network-like, fully transparent solution that integrates directly with publishers and targets advertisers who have moved beyond clicks, using incrementality testing to guide targeting and channel mix. The startup has raised €2 million (~$2.1 million) from Stride and a group of ad tech angel investors, including Aperiam, Brian O’Kelley (AppNexus, Scope3), Mike O’Sullivan (Sincera), Joe Root (Permutive), Ben Barokas (Admeld, Sourcepoint), Marc Grabowski (IAS COO) and Mike Ng (Epsilon revenue chief). Early pilots involve seven top UK publishers and two to five large advertisers; potential future integrations with third-party DSPs/SSPs are planned after validating the use case.

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Nodals AI: Frequently Asked Questions

What is Nodals AI?

Nodals AI is a UK-based AdTech company that provides a programmatic media buying platform using publisher first-party data and on-source algorithm execution.

Who uses Nodals AI?

Its users are advertisers, media agencies, trading desks, publishers and media owners seeking privacy-safe campaign activation and data monetisation.

How does Nodals AI make money?

It appears to earn revenue through software access fees and fees tied to media spend or platform usage executed through its programmatic system.

Company Facts

Founded
2024
Headquarters
85 Great Portland Street, London, W1W 7LT, England
Core Segment
AdTech Vendor
Company Size
<10
Official Link
nodals.ai
Nodals AI - Privacy-Safe Demand-Side Platform (DSP)