Our Story

We built M-Squared to bring clarity to one of marketing's hardest problems.

Why Measurement Needed a Reset

For years, marketers have been asked to trust models they couldn't explain, platforms they couldn't audit, and metrics that didn't align with finance. M-Squared was built to change that.

We focus on causal measurement, combining rigorous methodology with practical application so insights hold up in executive conversations, not just analysis decks.

Our work sits at the intersection of:

Measurement science
Measurement science
Financial accountability
Financial accountability
Real-world operating constraints
Real-world operating constraints

Meet Our Founder, Madan Bharadwaj

Attribution Pioneer. Builder. Practitioner.

Madan Bharadwaj

Madan is a marketing measurement expert with more than 15 years of experience building and scaling attribution solutions that drive real business impact.

He has founded and led multiple successful analytics and attribution companies, including Measured and VIQ, one of the first multi-touch attribution platforms of its kind.

Throughout his career, Madan has helped global brands and SaaS companies unlock the true value of their marketing investments by pioneering approaches that blend incrementality testing, marketing mix modeling, and advanced causal insights.

His experience ensures that M-Squared isn't just a platform. It's a proven framework built from real-world use, pressure-tested decisions, and measurable outcomes.

"The challenge with marketing measurement isn't the tools. It's knowing how to turn data into decisions that actually grow your business. That's what we solve every day at M-Squared."

– Madan Bharadwaj
Connect with Madan on LinkedIn

A Track Record of Shaping Modern Attribution

We've helped shape attribution methods, and then taught the industry how to use them.

2008–2011

Authored the industry's first algorithmic multi-touch attribution model

2015

Pioneered incrementality-based bidding algorithms for paid social

2017

Launched the industry's first pure-play incrementality company

2023

Founded M-Squared and introduced the Triangulation Framework, now widely adopted across the industry

2024

Introduced Geospatial Analysis, using zip-level census data to identify high-value customer communities

Launched AI Qual Studies, combining causal measurement with consumer insight to explain why channels work

The Principles That Guide Us

Open Methodology

We don't hide behind proprietary black boxes. Our frameworks are explainable, our assumptions are documented, and our recommendations are traceable to evidence.

Evidence-Based Counsel

Every recommendation is grounded in causal proof, not hunches, not platform claims, not what worked for someone else. We show our work.

True Partnership

We succeed when you succeed. That means staying in the work: interpreting results, pressure-testing findings, and helping you defend insights to stakeholders who matter.

Built for Reality

Academic rigor meets operational pragmatism. Our frameworks adapt to real budgets, real timelines, and real organizational constraints.

Continuous Improvement

We iterate, refine, and learn from every engagement. The best measurement programs evolve. They're never "done."

These principles guide how we build technology, deliver services, and teach the industry.