What happened
Swivel, a publisher tech startup founded by ad tech veterans, aims to automate manual tasks in publisher ad operations for Connected TV (CTV). The company is developing an 'end-to-end system' of AI agents that handle campaign management from planning to optimization and reporting, with a particular focus on CTV. According to co-founder Joseph Hirsch, Swivel initially focused on yield optimization but is now expanding to the front end of the agentic workflow, including planning, forecasting, and rule-setting for guaranteed deals. The startup addresses fragmentation through the Ad Context Protocol (AdCP), which includes a specification called adagents.json for publishers to declare authorized agents. Swivel plans to expand into retail media, citing the overlap with CTV. The article discusses the challenges and benefits of agentic media buying for CTV, emphasizing its ability to handle non-standard formats and sequential media that are difficult to buy programmatically.
Key facts & figures
- ·Swivel is a publisher tech startup founded by former FreeWheeler Frans Vermeulen and SpringServe co-founders Matt Dearborn, Rich Lin, and Joseph Hirsch.
- ·Swivel aims to create an end-to-end system of AI agents for CTV campaign management, from planning to optimization and reporting.
- ·Swivel is currently 100% focused on CTV but plans to expand into retail media.
- ·Swivel uses the Ad Context Protocol (AdCP) and its adagents.json specification to address fragmentation in CTV agentic advertising.
- ·Swivel's agentic approach can automate ad sales for non-standard formats like sponsorship placements, home screen ads, and pause ads, which are difficult to buy programmatically.
Key questions for investors and operators
When evaluating transactions, technology stacks, or commercial partnerships in this space, we recommend looking closely at three questions:
Companies & platforms involved
Swivel is a publisher tech startup that aims to automate manual tasks in publisher ad operations for CTV.
Frans Vermeulen is a former FreeWheeler.
Swivel co-founders Matt Dearborn, Rich Lin, and Joseph Hirsch are former SpringServe co-founders.
The Ad Context Protocol (AdCP) is collaborative with Prebid.
AdCP is somewhat in opposition to the IAB Tech Lab's AAMP and ARTF frameworks.