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How To Create a AdTech Pitch Deck: Full Guide

Digital advertising represented an astounding $325 billion in 2020, projected to increased to $525 billion in 2024. Yet, marketers are increasingly pointing that digital ads are actually quite inefficient and opaque. Add to this the ever-evolving regulations and technologies (e.g. 5G), it’s no wonder that AdTech creates endless opportunities for startups today.

If you are launching your AdTech startup, you will need a rock-solid pitch deck to impress investors, and stand out from the crowd.

In this article we will cover:

The state of AdTech in 2021

Before we dive into the slides you need for your AdTech pitch deck, let’s first have an overview of the AdTech ecosystem today, and more especially:

  • What exactly is AdTech?
  • How big is AdTech today?
  • What are the AdTech trends to watch out for?

What exactly is AdTech?

AdTech (short for “advertising” and “technology”) refers to the tools and solutions that marketers and companies use to better target, deliver and analyse their digital advertising campaigns.

With digital ads spend totalling $390 billion in 2021, no wonder that marketers are increasingly looking for solutions to optimise their ad spend. Criteo itself, the largest AdTech player today, was experiencing a +16% revenue growth year-on-year in H2 2021.

Yet, to avoid any confusion for our readers: AdTech and Digital Advertising are 2 separate industries. Whilst Digital Advertising has a market size of $390 billion, AdTech is much smaller (more on that below).

It makes sense: the total global ad spend of companies (via Facebook, Google, etc.) is part of Digital Advertising. AdTech, in comparison, only includes the technological solutions (e.g. softwares, web applications) used by marketers to manage their ad spend.

Digital ad spend is expected to grow to $525 billion by 2024
Digital ad spend is expected to grow to $525 billion by 2024 (source)

How big is AdTech today?

As explained above, whilst related to each other, Digital Ads and AdTech are 2 different markets.

Whilst Digital Ads are expected to grow to a $525 billion market by 2024, AdTech is in comparison (only) $30 billion. The AdTech market is relatively fragmented with the top 10 companies representing only $3.5 billion today (source: Statista).

Yet, the industry is growing at a rapid pace: 7 AdTech companies totalled $1 billion capital investment in Q1 2021 alone.

VC investment is not the only example of AdTech’s impressive recent growth. M&A, IPOs and even SPACs have been legion in AdTech in 2021. Examples include Taboola’s SPAC that raised $520 million and the acquisition of SpotX by Magnite for $1.2 billion.

AdTech vs. Digital Ads market size (estimated, 2024)
AdTech vs. Digital Ads market size (estimated, 2024)

AdTech is ever-evolving and has actually been one of the few industries that benefited from the pandemic.

There are a few trends at play which will define the AdTech solutions and startups of tomorrow, they are:

  • Machine Learning. With the growth of Big data, AdTech companies increasingly need to embrace the power of machine learning for data analysis before displaying it in a coherent manner to their customers: marketers
  • Customer data and GDPR. Changes in regulation and companies’ tracking technologies (think Google’s deprecation of tracking cookies) creates many issues, from data inconsistencies to errors altogether. The transition from third-party to first-party data acquisition is one part of the solution, yet creates new compliance concerns that need to be addressed by AdTech companies.
  • 5G. the widespread adoption of 5G globally creates endless opportunities for growth. Lightning fast mobile internet, among others, will allow for higher quality ad content, improving the customer experience.
data in AdTech pitch deck

The 14 slides you need for your AdTech pitch deck

Every business is unique. Yet, venture capital firms and investors alike all agree on a common structure which we have laid out below.

Your AdTech pitch deck will likely be slightly different depending on whether you are pre-seed, seed or Series A+. Indeed, if you are pre-revenue for instance, you might not have early traction at all.

As rule of thumb, the more advanced your startup is the more content you should have in your pitch deck. Beware of endless, repetitive presentations: have clear titles, separate slides for each different topic.

Slide 1: Title

The title slide is the front page of your presentation.

Make sure your product or value proposition is clear from the outset: use an image of your product or, better, of your end-user application or instance (a consumer using your product).

Slide 2: The Problem

The problem slide is the “why” of your business. List here the 2/3 friction points you aim to fix with your product.

Slide 3: The Solution

Your startup builds and commercialises a product and/or a service which solves the problem laid out on slide 2. The solution slide should not explain in detail your product nor how it works. Instead, focus on the benefits for your customers.

Ideally, you should compare the pain points explained on slide 2 (the problem) to the benefits your solution brings to your customers. That way, it is crystal clear to investors your solution really adds value to potential customers.

Slide 4: Market Opportunity

In the market slide, you need to clearly identify 2 very important metrics:

  1. Market size: how big is your market?
  2. Market growth: how fast does your market grow?

If you are operating in a niche market, chances are that you will face some challenges: the information might not be publicly available. In any case, you should be able to make a high-level estimation of your market. Read our article on market sizing and how to estimate TAM, SAM and SOM for your startup.

When looking for these metrics, you have multiple sources of information: public reports, specialised press, etc. Even public companies publish press releases and annual reports including some of their proprietary market estimates so be sure to look there too.

For important data points on the AdTech industry, have a look at our introduction at the beginning of this article.

Slide 5: Competition

The competition slide follows the market overview and must answer 2 key questions:

How fragmented is your market?

Are there 3 big players sharing 90% market share or thousands of small players? Here, refer to public market reports and your own understanding of the competitive landscape.

A few questions you could ask yourself, among others:

  • Who are your competitors?
  • Are they local, regional, national or global?
  • Are there any product alternatives to your product?
  • What about their IP / technological advantage?

Where do you position yourself vs. competition?

Is your solution a game changer other competitors don’t have (yet)? Do you have competitors with similar products/services?

Ideally, you would create a small table with, for each type of competitors and their main characteristics.

For instance, do they all a global presence? Do they cover all the products you offer? What is their relative price positioning (expensive vs. accessible)?

Slide 6: Revenue model

The revenue slide of your AdTech pitch deck is very important. Now that we have clearly identified the problem you are solving and the benefits of your solution, let’s have a closer look at how you generate revenue.

Most AdTech companies are SaaS businesses: they sell software (on premise or cloud) solutions to B2Bs. If your business is SaaS, be sure to include your pricing model as well.

For more information on the different SaaS pricing strategies, be sure to read our article on the 5 most popular SaaS pricing models.

Slide 7: Product

Here we need to explain clearly how your product works from a technological point-of-view. Include in your AdTech pitch deck product slide things such as:

  • whether you have a white-labelled solution or a proprietary back-end / database?
  • do you hold any intellectual property at all?
  • how many full time front/back-end engineers you have
  • how much you invested already in your tech
  • Etc.

Slide 8: Go-to-market

The go-to-market slide of your AdTech pitch deck explains how you acquire your customers. Acquisition can either be online or offline (or both):

  • Online acquisition: pay-per-click campaigns (e.g. Google Ads), content & SEO, social media, etc.
  • Offline acquisition: print ads, events & fairs, mail, etc.

Arguably, most AdTech startups mostly use an online acquisition, and more importantly a outbound acquisition strategy (see below). Online acquisition is sub-divided into 2 main categories itself:

  • Inbound acquisition: customers convert from leads, at the top of funnel, who visit your landing page or website. These visitors (also referred to as β€œtraffic”) either come from paid ads or organic sources (SEO, content)
  • Outbound acquisition: customers are acquired via a sales team who actively reach out to potential customers. Because leads do not come by themselves but you reach out to them, this is an β€œoutbound” strategy instead. Outbound is, for example, used by many B2B businesses (Enterprise SaaS for instance)

Note: to forecast customer acquisition, have a read at our article here (+ free template)

Slide 9: Traction

Only include the traction slide if you already have some early traction. Traction can be revenues for instance, but not necessarily (e.g. if you have sign-ups, free users, etc.).

As rule of thumb, the more historical performance you have, the more details you should give. For instance, if you start generating revenues 12 months ago and experienced a steady growth until then, include a bar chart of your revenues (or customers, patients, etc.) over the past 12 months.

Instead, if you have limited financial performance and/or numbers have been quite volatile, include today’s numbers instead.

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Slide 10: Team

The team slide is one of the most important: investors invest in great teams before anything else.

The slide can either include the co-founding team only, but can also include key professionals and/or advisors as well.

Include key team members if they add real value.

Also, only include advisors if they are relevant to your industry. Do you have angel investors with significant experience who advise you on strategy?

For the team members’ details, keep it simple: name, position, years of experience and/or previous companies is more than enough.

Note: add a clickable link to the respective Linkedin profiles so investors can refer to a more exhaustive resume for your team members (if relevant)

Slide 11: Roadmap

The roadmap slide tells investors where you are going and how is product going to evolve in the future. You can either keep it high-level (e.g. your long-term strategy) or more detailed (e.g. the pipeline of the near-future product features).

Investors do not just invest in your product as it is today. For example, you might only have developed a MVP with limited features for early-adopters while your product could be tweaked and serve a much larger customer base in the future.

Also, you might be broadening the type of products you offer in the future. Or you might introduce premium services such as a subscription, or premium listing fees. All of these additional features are very important to add in your investment deck.

Slide 12: Financial Plan

Along with your product and the team, the financial plan slide is highly important. Unfortunately, many startups overlook the importance of financial projections in their AdTech pitch deck.

Think about your audience: investors (venture capital firms or angel investors) are financially literate individuals. As such, they invest in your business to generate returns. Logically, they care a lot about your financials and more especially, the expected financial performance of your business.

Do not expect investors to make up their own plan for your startup if you haven’t. As CEO, founder or entrepreneur alike, you should have a clear idea of where you are going.

As rule of thumb, the more advanced your startup is, the more granularity you should include here. Pre-seed startups might keep it short (1 slide) yet we recommend seed and Series A+ startups to include 2 slides instead.

Note: when presenting your financials, we recommend for pre-seed startup to show 3 years. Instead, seed and Series A+ startups should include 5 years projections as investors will likely ask for it for their own return analyses purposes.

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Slide 13: Funding Ask

All pitch decks have a clear goal: raising capital from investors. The funding ask slide is where you clearly state your ask: how much are you raising?

Read our article on how to determine how much you should raise for you startup. While raising too little creates obvious problems, raising too much isn’t necessarily better.

On top of the amount, a good practice is to include a pie chart of where you will spend that money over a given period (your runway). Will you spend the bulk of it in product development to build your MVP? Or will you use a large portion in sales & marketing to commercialise your product and find product-market fit?

Our financial model templates include a cash burn dashboard where you can easily assess how much you should raise, and where you will spend your money. We also included charts ready to be included in your pitch deck. See how to use our cash burn dashboard here.

Slide 14: Contact

The contact slide is the last slide of your presentation. It has 2 main goals, this is where:

  1. You open the floor to questions from your audience when you are pitching
  2. You provide contacts (email and telephone) for investors who would only receive the PDF version of your presentation

Expert-built financial model templates for tech startups

πŸ“ˆ 5-year pro forma financial model

πŸ“Š 20+ charts and business valuation

πŸ“ž Free support