OAREX Named a 2023 Best Tech Company by The Tech Tribune

OAREX, the provider of fast and flexible funding for digital media businesses, today announced its recognition by The Tech Tribune by being named to the 2023 Best Tech Startups in Cleveland list. This is the third time OAREX received this recognition.

To be considered, companies must be independent, privately owned, and have received at least one round of funding. The Tech Tribune’s staff evaluates qualifying companies based on additional criteria, which include revenue potential, leadership team, brand/product traction, and competitive landscape. 

“We are honored to be recognized by The Tech Tribune for a merit-based award,” commented OAREX EVP, Nick Carrabbia. “This recognition comes as we celebrate our 10th year of providing liquidity solutions to the media ecosystem. Together, they stand as a testament to the business we are building, our commitment to our clients, and the team behind it all. We are proud to be a part of the Cleveland tech community and honored to be listed among other great companies.”

Other notable companies that made the list include Splash Financial, Centerline Biomedical, ChampTITLES, and DigitalIC.

OAREX was founded in 2013 and is a platform that provides media companies access to fast and flexible funding without the red tape required by other lenders. Media companies often suffer from extremely long payment terms, OAREX’s model eliminates the pain created by those cash flow gaps. Their financing is on-demand and non-dilutive, so ad buyers and sellers can easily scale without giving up their equity.

OAREX is an industry leader providing quarterly and half-year reports highlighting digital ad revenue and payment trends. Due to the authority the company is building in the space, their leadership perspectives were featured by top industry media, including AdExchanger, Adweek, MediaPost, Digiday, Insider, and Authority Magazine.