Dace Ventures

Dace Ventures is a venture capital firm founded in 2006 and based in Lexington, Massachusetts. It focuses on early-stage technology investments, particularly in internet-related innovations spanning digital media, consumer marketing, and mobile services. The firm seeks to back U.S.-based startups with scalable models and growth potential in these sectors.

Dave Andonian

Managing Partner, Founder and Owner

Jon Chait

General Partner

Past deals in Mobile Advertising

Yieldmo

Series B in 2013
Founded in 2012, Yieldmo is a mobile advertising platform that enables brands to deliver tailored, human-centered ads using AI-driven custom formats. Its technology offers real-time inventory curation and predictive format selection, improving user engagement and campaign performance.

Yieldmo

Series A in 2012
Founded in 2012, Yieldmo is a mobile advertising platform that enables brands to deliver tailored, human-centered ads using AI-driven custom formats. Its technology offers real-time inventory curation and predictive format selection, improving user engagement and campaign performance.

LocaModa

Debt Financing in 2011
LocaModa was a company focused on creating and managing multi-channel marketing programs for brands and agencies. Headquartered in Cambridge, Massachusetts, LocaModa specialized in location-based text messaging services, place-based social media, and multiplayer mobile game software. The company aimed to connect individuals with their environments by enabling access to and control over media in various settings, including bars, cafes, colleges, public spaces, conferences, restaurants, retail locations, jukeboxes, and digital billboards. LocaModa was venture-backed and later acquired by Monster Media.

LocaModa

Venture Round in 2011
LocaModa was a company focused on creating and managing multi-channel marketing programs for brands and agencies. Headquartered in Cambridge, Massachusetts, LocaModa specialized in location-based text messaging services, place-based social media, and multiplayer mobile game software. The company aimed to connect individuals with their environments by enabling access to and control over media in various settings, including bars, cafes, colleges, public spaces, conferences, restaurants, retail locations, jukeboxes, and digital billboards. LocaModa was venture-backed and later acquired by Monster Media.

LocaModa

Series A in 2007
LocaModa was a company focused on creating and managing multi-channel marketing programs for brands and agencies. Headquartered in Cambridge, Massachusetts, LocaModa specialized in location-based text messaging services, place-based social media, and multiplayer mobile game software. The company aimed to connect individuals with their environments by enabling access to and control over media in various settings, including bars, cafes, colleges, public spaces, conferences, restaurants, retail locations, jukeboxes, and digital billboards. LocaModa was venture-backed and later acquired by Monster Media.
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