Commuter Advertising: Thriving in Digital Media with Midwest Investors

Dayton, Ohio based Commuter Advertising’s core innovation is location-triggered digital media on public transit. With active campaigns in Champaign and Chicago, IL; Dayton, Cincinnati and Toledo, OH; Kansas City, MO; Pittsburgh, PA, Rockland County NY; and Jacksonville and Tampa, FL, the company is able to target advertisements on public transportation to businesses as they are passed along the route.

The digital location-based media industry is currently on the rise, and one of the fastest growing areas within the media sector. “Even though radio and newspaper are declining, digital media is increasing,” said Commuter Advertising Founder Katie Hill. “We’re really excited to be a part of that.”

The company focuses on Midwest investors, and the Michigan Growth Capital Symposium (MGCS) has helped Commuter Advertising expand its reach. “Michigan was a new market for us,” Hill said. “Most of our investors are from Ohio or Pennsylvania.”

International media software development company Tecra recently formed a strategic partnership with the firm after its Ann Arbor representative Rod Lowe met Hill at last year’s MGCS. Through this partnership, Tecra will develop Commuter Advertising’s software and take an equity stake in the business. “Neither of us had heard of each other prior to the symposium,” said Hill. “The symposium is what connected us, it was a great find.”

Hill notes that events such as the MGCS are especially impactful in the Midwest. “We don’t have quite as large of a venture community as other areas across the United States,” she said. “It’s a great way to let the investors in the marketplace know what kind of opportunities are here in our region. If we want to keep innovation growing in the Midwest, these kinds of formats and opportunities are critical in keeping us competitive with other parts of the country.”

MGCS 2012: Top Investors; High Potential Deals – Join Us!

Thirty-two emerging and growth business ventures, actively seeking funding of $500K to $20M are scheduled to present over two days. Provided is a partial list of companies that represent a range of industries. The final list of presenting companies will be provided to the public on the MGCS website on Tuesday, May 8. The MGCS continues to be the Midwest’s leading event for attracting the best investors from across the U.S. and showcasing high-quality investable companies. It is also a critical contributor to the region’s economic development.

Partial list of MGCS Presenting Companies

Swift Biosciences, a Michigan based company developing enabling technologies for genomics and personalized medicine; Commuter Advertising, an Ohio based company providing active and entertaining audio advertising onboard public transit vehicles; NeuWave Medical, a Georgia based company specializing in developing and commercializing energy based minimally invasive medical devices; Alert Communications, a Michigan based company that refurbishes and distributes mobile phones; and Atterocor, a Michigan based research and development company focused on therapeutics for adrenal diseases.

MGCS Concurrent Presentation Tracks:  Tuesday, May 15 from 1:00-2:30 p.m. and 4:00-5:00 p.m.; Wednesday, May 16 from 10:20-11:20 a.m., 11:30 a.m.-12:30 p.m.

For event details, please see: www.MichiganGCS.com

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