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Mindfully Modern

Your Next Customer Might Not Be Human.

We build marketing infrastructure for the agent era.

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The Hybrid Model
That Changes Everything

Neural Partners operates as a hybrid AI-powered marketing technology company combining proprietary infrastructure development with full-service marketing agency capabilities.

This structural integration—rare in a market where 73% premium valuations attach specifically to technology-services convergence—positions the company at the intersection of three converging opportunities:

79%

of ad spend algorithmically managed by 2027

$82B

AI marketing technology expansion

$3-5T

emerging agentic commerce ecosystem

Platform

Neural Core

The proprietary technology infrastructure—an AI-powered marketing operating system built on AWS cloud architecture with deep Anthropic integration. Unified data architecture, AI-powered automation, real-time intelligence, and scalable campaign orchestration.

Agency

Neural Labs

Human-powered service excellence across four core areas: Digital Experience & Infrastructure, Strategy & Creative Intelligence, Growth & Performance Media, and Organic & Earned Experiences. AI augments specialist expertise through rapid experimentation.

The Intentional Hybrid

The hybrid model is not accidental. SaaS businesses command 6-7x revenue multiples with 70-90% gross margins, while agencies typically trade at 1-2x revenue with 20-30% margins. The structural rarity of successful integration creates defensible positioning.

Validation: Publicis Groupe's 73% valuation premium over WPP traces specifically to the Epsilon technology integration.

The Trillion-Dollar Market &
Algorithmic Transformation

The advertising industry stands at an inflection point where 79% of all ad spend will be algorithmically managed by 2027, creating a structural window for hybrid technology-plus-services companies.

0 B

Global Ad Spend 2025

0 B

U.S. Market Size

0 %

Digital Share of Spend

79%

Algorithmically Managed by 2027

The Algorithmic Era

Dentsu Global Ad Spend Forecast, December 2025

"By 2026, 71.6% of all advertising spend is expected to be algorithmic—rising to 76% by 2028—as generative and agentic AI become embedded in media workflows."
2024 59.5% algorithmic
2027 79% algorithmic
2030 66% bot-to-bot interactions

Critical Warning from Dentsu: Companies may deploy "too many isolated agents" creating fragmentation and inefficiencies. This plays directly into Neural Partners' integrated infrastructure thesis—unified AI systems versus bolted-on point solutions.

$226B +7.3%

Search/Intelligence

$200B+ +10-12%

Social Media

$175B +13.7%

Retail Media

$120B+ +15-20%

Video/CTV

Agentic Commerce

$1T

US B2C retail orchestrated by AI agents by 2030

McKinsey
$3-5T

Global agentic commerce by 2030

McKinsey
1,300%

Traffic growth from AI agents to retail sites (9 months)

Human Security
4,700%

YoY increase in traffic from GenAI browsers to US retail

Adobe

Gartner AI Agent Enterprise Adoption

  • By end of 2026: 40% of enterprise apps will integrate AI agents (up from <5% in 2025)
  • By 2028: 15% of day-to-day work decisions made autonomously by agentic AI
  • Current state: 24% of CIOs deployed AI agents, 50% researching
  • Risk factor: 40%+ of agentic AI projects will be canceled by end of 2027

The Hybrid Advantage
Is Real

The marketing industry maintains a fundamental structural divide between agencies (services) and technology platforms (products). This separation creates strategic opportunity for companies that can authentically integrate both.

SaaS Businesses

70-90% Gross Margins
6-7x Revenue Multiple

Recurring ARR with 90%+ renewal rates

VS

Traditional Agencies

20-30% Gross Margins
1-2x Revenue Multiple

Project-based with potential 50%+ churn

Why Integration Is Rare

Business Model Incompatibility

Agencies operate with project-based/retainer revenue facing volatility. Tech platforms build toward subscription-based recurring revenue with predictable cash flows.

Talent Requirements Diverge

Agencies need strategists, creatives, media buyers. Tech platforms require engineers, ML specialists, data scientists. Organizational cultures differ fundamentally.

Revenue Model Conflict

SaaS optimizes for recurring ARR with 90%+ renewal. Agencies depend on project fees with potential 50%+ churn. The margin differential explains the structural challenge.

Market Validation

Publicis Groupe

73% Premium over WPP

1.9x EV/Revenue vs 1.1x for WPP

Premium directly attributable to Epsilon technology integration

Epsilon acquired for $4.4B at 8.2x EBITDA (2019)

Embedded across 50%+ of top 30 accounts

Holding Company Tech Acquisitions

Publicis Epsilon $4.4B
Dentsu Merkle 2x revenue post-acquisition
IPG Acxiom 2018
Omnicom Flywheel Digital $835M (2023)

Key Insight: Consulting firms explicitly avoid certain agency functions. Accenture Song's CEO stated they avoid media buying: "We don't want to be a commission business, we want to be a strategic partner." This creates defensible positioning for companies combining technology with full-funnel execution.

The AI Marketing Platform
Landscape Is Consolidating

Among US-based companies combining AI/data capabilities with marketing services, four of six major players have been acquired since 2021—signaling both validation of the category and the challenges of remaining independent at sub-scale.

AI Marketing Platforms

Active

Cognitiv AI

Founded 2015, New York

  • 161 employees, ~$15M revenue
  • Deep learning advertising platform
  • Client growth: 7.5X (2023)
  • 2,500x more data than typical ML
Active

Persado

Founded 2012

  • $24M revenue, $200M valuation
  • AI-generated marketing language
  • 96% outperform rate vs human copy
  • JPMorgan Chase five-year deal
Acquired

Scibids

Acquired by DoubleVerify, 2023

  • $125M acquisition
  • 7.4-8.3x revenue multiple
  • AI bidding optimization
  • ~70 employees
Acquired

Albert.ai

Acquired by Zoomd, 2022

  • Autonomous marketing AI
  • Cash + stock + earnout
Acquired

Pattern89

Acquired by Shutterstock, 2021

  • Part of $35M three-company AI acquisition
  • Predictive creative capabilities

Boutique Tech-Forward Agencies

NoGood

Founded 2016, New York

  • 56-59 employees, $3.8M revenue
  • "Growth squads" model
  • Goodie AI platform (AEO)
  • Nike, TikTok, Microsoft clients

HawkSEM

Founded 2006, Los Angeles

  • 80-85 employees, ~$15M revenue
  • ConversionIQ platform
  • Google Premier Partner (top 3%)
  • 98% client retention

Keenfolks

Founded 2018, Barcelona

  • 100+ employees, ~$4M revenue
  • Patented "Integrative AI"
  • Coca-Cola, Nestlé, J&J clients
  • Digiday Innovation Agency of Year

Aspirational Competitors: Lessons

Cautionary Tale

Monks (S4 Capital)

-16.1% Revenue decline (2024)
-95% Market cap from £4B peak
£302.8M Operating losses

Founded by Sir Martin Sorrell in 2018 to build a digitally-native alternative to holding companies. The "unitary structure" concept proved difficult to execute through rapid acquisitions. Nearly 50% revenue concentration in tech sector clients who cut marketing budgets for AI capex.

Success Model

DEPT Agency

$500M+ Revenue
232% 3-year growth
4,000+ Employees

Backed by The Carlyle Group. 50% technology services, 50% marketing services—true hybrid positioning. First global agency to achieve B Corp certification. Webby Agency of the Year three consecutive years. 15+ strategic acquisitions executed.

M&A Valuation Frameworks

Traditional Agencies 3-6x EBITDA
Tech-Enabled Agencies 8-12x EBITDA
Strategic Acquisitions 15-20x EBITDA
Public SaaS/MarTech 5.5-8x Revenue

Key transaction: Zeta Global acquired LiveIntent for $250M + $75M earnout (16x adjusted EBITDA) — demonstrating premium valuations for technology-enabled companies.

The Infrastructure
Ecosystem

Strategic capability expansion through key infrastructure partnerships.

Burlington, Vermont

Fluency

The Automation Backbone

First Digital Advertising Operating System (DAOS) utilizing robotic process automation. Founded by former Dealer.com executives (sold for $1B+ in 2014).

$2B+ Ad spend managed annually
90% Time savings on operations
42% Avg portfolio growth
Inc. 5000 #200 Deloitte Fast 500 #211 G2 #1 (7 quarters)
New York

Human Security

The Trust and Validation Layer

Market leader in bot detection and digital fraud prevention. Formerly White Ops. Acquired by Goldman Sachs Merchant Banking (Dec 2020).

20T+ Weekly interactions verified
300+ Detection algorithms
$100M+ ARR
The Human Collective: Trade Desk, Omnicom, Magnite, InMobi
San Francisco

Anthropic

The Intelligence Engine

Frontier AI capability partner. No advertising plans—fundamentally different from ad-supported AI competitors. 85% API / 15% subscription revenue mix.

$61.5B Valuation (March 2025)
$4B ARR (100x in 3 years)
$14.3B Total funding
Amazon: $8B Google: ~$3B

Strategic: Deloitte partnership (470,000 employees), Snowflake partnership ($200M multi-year)

Built by Practitioners

Three friends who've worked together, trust each other, and know what breaks. We've collectively managed hundreds of millions in ad spend. We're not theorists.

Founder 1 Founder 1
Product & Technology

Scott Blodgett

Co-Founder

  • 15+ years building advertising technology and automation systems
  • Managed $100M+ in ad spend across Meta, Google, and programmatic
  • Architected Neural Core and 50+ custom AI tools
Founder 2 Founder 2
Operations & Partnerships

Andrew Lane

Co-Founder

  • 16+ years driving growth for emerging technology companies
  • Specializes in leveraging new tech for competitive advantage
  • Content, social, and digital advertising strategist
Founder 3 Founder 3
Clients & Service

Jarod Reynolds

Co-Founder

  • 16+ years running performance campaigns for startups to Fortune 500
  • Deep expertise in retail, automotive, cannabis, and regulated industries
  • Client-side and agency-side leadership across full marketing stack

How This Report
Was Produced

This report was produced through Human + Machine collaboration—the same operational thesis Neural Partners brings to clients. The methodology itself serves as proof of concept.

Research Infrastructure

Executed using Neural Partners' proprietary MCP Server integrated with Claude Opus 4.5. The Neural MCP consistently outperformed on content richness, source diversity, and verification capability.

Verified-First Research

Every data point was extracted from fetched content before inclusion. URLs were confirmed. Figures were cross-referenced. Conflicting sources were flagged with ranges.

The Human Element

AI handled research velocity—500+ searches and tool uses, fetching and parsing sources. Human judgment directed synthesis: which frameworks mattered, which comparisons illuminated positioning.

Time Compression

A report of this depth would traditionally require 2-3 weeks of analyst time. Neural MCP infrastructure compressed that to hours while increasing source verification rigor.

This report demonstrates what Neural Partners delivers: intelligent research infrastructure that amplifies human expertise rather than replacing human judgment. The methodology scales.

Let's Talk

If you see what we see, we should probably meet.

team@neuralpartners.ai