Digital marketing agency Moburst has secured an $11.8 million investment from private investment firm Chrysalis Holdings, whose portfolio includes mortgage lender NewDay USA, in a deal that signals how agency-client commercial arrangements are evolving.
The investment not only expands Moburst’s remit across NewDay USA’s marketing and AI initiatives, but gives Chrysalis an equity stake in the agency. By aligning financially, the companies are committing to innovating together and working towards shared growth goals.
Gilad Bechar, founder and CEO of Moburst, described the investment as a “major step forward” for the business.
“With meaningful capital invested into the group, we will be able to do quicker and more aggressive M&A, put more investment into AI technology, and bring more firepower into the mix to move significantly faster,” he told ADWEEK.
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