Disclosure and methodology
Kiin is a full-funnel B2B demand generation agency and we are on this list. The criteria are stated so you can disagree with the order.
- Three layers, staffed — does the agency state and staff demand creation, a warmed middle and capture, or does it sell one layer and call it a funnel?
- One number — are the three reported as pipeline in the CRM, or as three channel dashboards?
- Channel coverage — LinkedIn, paid search, Meta, Reddit, programmatic and CTV, read from each agency’s own stated scope.
- Stated, not inferred — where an agency does not publish a layer, the table says “not stated” rather than guessing. Three of the seventeen publish enough detail to fill every column.
Cells are taken from each agency’s own site and public material, read in September 2026. This is a comparison of stated scope, not an audit of delivery.
What full-funnel actually means
“Full-funnel” is the word buyers use when they have been burned by a lead-gen agency that only ran the bottom: cold ads and demo requests, no demand creation above them and no nurture between.
A full-funnel demand generation agency runs all three layers as one programme:
- Demand creation — reaching people who are not looking yet. LinkedIn thought leader ads, video, document ads, content, Reddit or programmatic where the buyer actually is. Success here is the size and quality of the retargeting pool built, not conversions.
- The warmed middle — retargeting segmented by engagement depth, Meta and Reddit frequency against the account list, email and outbound aimed at the accounts that engaged. This is where most programmes have nothing at all, jumping from cold awareness straight to “book a demo”.
- Capture — Google search, lead gen forms, conversation ads and sales follow-up, converting the demand the top two layers created.
And then the part that makes it one programme rather than three: the layers are reported as a single pipeline number with attribution across them. A lead that arrived through Google search after six months of LinkedIn exposure is credited to both, or the demand creation layer gets cut at the first budget review.
The twelve that run all three layers
1. Kiin — LinkedIn demand engine, Google capture, Meta and Reddit support, signal-based outbound
London, serving US, UK and EU. Team of eight, three from LinkedIn Marketing Solutions. $2,500–$9,500/month, published. The whole programme runs off one dataset, so people who engage with the ads become the outbound list and outbound replies become retargeting audiences. Publishes Kiin Labs, a benchmark series built on 1,000+ connected ad accounts. Wrong choice if LinkedIn is not where your buyers are, or you need SEO and content production at volume.
2. Directive — Paid search, paid social, SEO and CRO at enterprise scale
Irvine, CA plus global offices. A large SaaS-focused performance agency for mid-market and enterprise software, strong on process and reporting. Tradeoff: scale brings account teams rather than principals.
3. Refine Labs — Demand creation philosophy applied at scale
The agency that popularised demand creation over lead capture in B2B SaaS. Runs the top of the funnel hardest of anyone on this list and reports on pipeline. Tradeoff: the model asks you to accept a longer payback than a lead-gen engagement.
4. Understory — LinkedIn, Google, Meta, Reddit and X paid media, GTM engineering, founder content, RevOps
The “allbound” model: a paid strategist, a go-to-market engineer and a content writer share one dataset and one target list, so the ads warm the accounts the outbound then works. 100+ B2B clients from seed to IPO including Clay, Zapier, Expensify and HockeyStack. Tradeoff: six-month minimum, no published fee.
5. Powered by Search — Paid, SEO and content stacked as one system
200+ B2B companies; positions on 30% more sales-ready opportunities in 90 days. Case studies include an $11.1M SEO pipeline for a data-privacy SaaS. Tradeoff: a full-stack engagement; if SEO and content are covered you are buying more than paid media.
6. ToJupiter — Embedded demand generation for pre-seed to Series C SaaS
Small embedded teams that work as an extension of the in-house function, reporting on pipeline against spend rather than lead counts. Tradeoff: built for early-stage budgets and early-stage ambiguity.
7. YOYABA — DACH and European B2B software at €10k+ monthly ad spend
Runs all three layers with RevOps-connected reporting for German-speaking and European B2B software. Tradeoff: a spend floor, and strongest where the buyer is European.
8. Fractional Demand — Embedded senior operators across paid media and RevOps
Senior operators embedded part-time rather than an agency team, with attribution built as part of the engagement. Tradeoff: capacity is the constraint; this is people, not process.
9. Impactable — LinkedIn-first demand with retargeting and outreach
Justin Rowe’s agency runs LinkedIn as the core demand channel with heavy concentration in cybersecurity and fintech, and publishes its own benchmark data. The middle of the funnel is retargeting plus outreach rather than a nurture programme.
10. GrowthSpree — Google, LinkedIn, Meta, ABM and RevOps on a flat monthly fee
B2B SaaS only. States 300+ clients, $60M+ ad spend managed. Publishes specific client numbers: Hubilo from $20k to $250k a month in pipeline over 18 months. The middle is ABM rather than a distinct nurture layer.
11. Ironpaper — Content-led demand with ABM in the middle
New York. Builds demand through content, inbound and account-based programmes for technology and services companies with long sales cycles. Strong when the buying committee needs educating.
12. Dapper — European B2B demand generation with in-house content and creative
Runs demand creation and capture with email as the connective middle layer, with content and creative produced in house.
Coverage, layer by layer
This table says which agencies staff each layer, so you can compare them on the thing you are buying rather than on positioning.
| Agency | What they run | Pipeline attribution | Programmatic / CTV |
|---|---|---|---|
| Kiin | LinkedIn demand engine, Google capture, Meta and Reddit support, signal-based outbound | Pipeline in HubSpot or Salesforce | LinkedIn CTV |
| Directive | Paid search, paid social, SEO and CRO at enterprise scale | Pipeline, not MQLs | Programmatic |
| Refine Labs | Demand creation philosophy applied at scale | Pipeline reporting | CTV and OOH |
| Understory | LinkedIn, Google, Meta, Reddit and X paid media, GTM engineering, founder content, RevOps | CRM integration | Not stated |
| Powered by Search | Paid, SEO and content stacked as one system | Sales-ready opportunities | Not stated |
| ToJupiter | Embedded demand generation for pre-seed to Series C SaaS | Pipeline-to-spend ratio | Not stated |
| YOYABA | DACH and European B2B software at €10k+ monthly ad spend | RevOps-connected | Not stated |
| Fractional Demand | Embedded senior operators across paid media and RevOps | RevOps-built attribution | Not stated |
| Impactable | LinkedIn-first demand with retargeting and outreach | CAPI-certified; DemandSense | Programmatic |
| GrowthSpree | Google, LinkedIn, Meta, ABM and RevOps on a flat monthly fee | CRM-tracked pipeline | Not stated |
| Ironpaper | Content-led demand with ABM in the middle | Sales-accepted leads | Not stated |
| Dapper | European B2B demand generation with in-house content and creative | Not stated | Not stated |
Channel coverage: LinkedIn, Google, Meta, Reddit, programmatic and CTV
Full-funnel is a claim about layers, not about channel count. But the channels tell you which layer an agency is actually strongest in.
- LinkedIn — the demand creation layer for almost every B2B programme on this list, because it is the only channel where you can target a named account list by role and run content against it repeatedly. Kiin, Impactable, Understory and GrowthSpree anchor here.
- Paid search and SEM — the capture layer. Google is where the demand you created goes to be harvested, which is why a LinkedIn-only programme tends to show up as a rise in branded search rather than in LinkedIn’s own conversion column. Directive, Powered by Search and GrowthSpree run search at scale.
- Meta — the cheapest frequency available against a warm B2B account list, and badly under-used in B2B. It belongs in the middle layer, not the top: Meta against a cold B2B audience wastes money, but Meta against people who already engaged on LinkedIn is the cheapest reminder you can buy. Understory, GrowthSpree and Kiin run it.
- Reddit — demand creation and middle-layer frequency in technical categories where the buyer is a practitioner. Kiin and Understory run it as a supporting channel.
- Programmatic and CTV — the clearest gap in the category. Only four of the seventeen state a capability of any kind: Kiin (LinkedIn CTV), Refine Labs (CTV and OOH), Directive and Impactable (programmatic). Treat a programmatic claim as a question about minimum spend rather than a capability tick.
- GTM engineering and outbound — the layer that turns ad engagement into a target list. Kiin and Understory both run signal-based outbound off the same dataset as the media; most others treat outbound as a separate product or not at all.
Pipeline attribution: how each one reports
This is the part most buyers skip and then regret. Twelve of the seventeen state a pipeline measure, and the specifics differ more than the word suggests: pipeline in HubSpot or Salesforce, pipeline rather than MQLs, sales-ready opportunities, sales-accepted leads, pipeline-to-spend ratio, RevOps-built attribution, CRM-tracked pipeline.
Two things to press on. First, last-click attribution will always under-credit the demand creation layer — a buyer sees fifteen touches over six months and converts on a branded search, and the model hands the credit to Google. An agency that is serious about full-funnel will be arguing for influenced pipeline and self-reported attribution (“how did you hear about us?”) rather than defending a last-click dashboard. Second, ask who builds it. “We report on pipeline” means very little if the CRM plumbing is your job.
What a full-funnel programme costs
Full-funnel needs enough budget to run more than one layer. Below roughly $5,000 a month in media you are choosing a single layer, and it should be capture — creating demand you cannot afford to harvest is the most expensive mistake in B2B paid media.
Six-figure annual programmes are where all three layers run properly with attribution behind them, which is why several agencies here set spend floors: YOYABA works from €10k a month in ad spend, Understory sets a six-month minimum. Retainers on this list run from $2,500 a month published (Kiin) to enterprise pricing that is not published at all (Directive, Elevation, Walker Sands). Only two of the seventeen publish a number.
A rough split that survives contact with reality: 60–70% of budget on demand creation and the warmed middle, 30–40% on capture. Most companies do the opposite and then conclude the channel does not work.
The five that run part of the funnel
Not a criticism — a single layer run well beats three run badly. But know what you are buying.
- Sopro — Managed outbound at scale. Reports meetings booked. Does not create demand above the funnel.
- demandDrive — Demand generation with outbound SDR capacity attached; capture and partial middle, reports converted opportunities.
- Kalungi — A full outsourced marketing function for seed to Series A; does not publish layer-level scope.
- Elevation — Full-service B2B brand, creative, content and media for mid-to-large companies; middle layer not stated.
- Walker Sands — Integrated growth-stage and enterprise programmes spanning positioning, growth and reputation; middle layer not stated.
How to choose
- Ask the credit question. Which campaign creates demand, which captures it, and how is a lead from the second credited to the first? The third part is where the pretenders stop.
- Check the account list runs through every channel. Full-funnel is one audience moved through layers, not five channels run side by side.
- Find out who builds the attribution. If it is you, price that in.
- Match the anchor channel to your buyer. A LinkedIn-anchored agency is the wrong choice if your buyers are not on LinkedIn, however good the funnel diagram is.
- Be honest about the category. If demand already exists and you are simply not capturing it, buy capture and skip the rest.
Frequently asked questions
What is a full-funnel B2B demand generation agency?
An agency that runs three layers as one programme: demand creation at the top (thought leader ads, video, content, Reddit or programmatic where the buyer is), a warmed middle (retargeting by engagement depth, Meta and Reddit frequency against the account list, email and outbound to the accounts that engaged), and capture at the bottom (Google search, lead gen forms, conversation ads, sales follow-up) — reported as one pipeline number rather than three dashboards. The word exists because buyers get burned by lead-gen agencies that only ran the bottom.
How do I tell a full-funnel agency from a lead-gen agency in the first call?
Ask which campaign creates demand, which one captures it, and how a lead that came from the second is credited to the first. An agency that cannot answer the third part is running two disconnected programmes. Ask to see a report where a closed deal is traced back to a first touch that was not a form fill.
Which channels should a full-funnel B2B programme cover?
LinkedIn for demand creation against a defined account list, Google search for capture of the demand you create, and Meta and Reddit for cheap frequency against the same accounts in the middle. Programmatic and CTV are optional and only sensible above a certain spend. The test is not how many channels, it is whether the same account list runs through all of them.
What does pipeline attribution actually mean here?
That the three layers are reported as one number in the CRM — pipeline and revenue influenced, not MQLs per channel. Of the agencies on this page, twelve state a pipeline measure and the specifics differ: pipeline in HubSpot or Salesforce, sales-ready opportunities, pipeline-to-spend ratio, sales-accepted leads. Last-click attribution will always under-credit the demand creation layer, which is why a full-funnel agency should be arguing for self-reported attribution and influenced pipeline.
What budget does full-funnel demand generation need?
Enough to run more than one layer. Below roughly $5,000 a month in media you are choosing one layer, and it should be capture. Six-figure annual programmes are where all three layers run properly with attribution behind them; several agencies on this page set spend floors for that reason. Retainers on this list run from $2,500 a month published to enterprise pricing that is not published at all.
Do full-funnel agencies run programmatic and CTV?
Rarely, and it is the clearest gap on this page. Only four of the seventeen agencies reviewed state a programmatic or CTV capability of any kind: Kiin (LinkedIn CTV), Refine Labs (CTV and OOH), Directive and Impactable (programmatic). Treat a programmatic claim as a question about minimum spend, not a capability tick.
Can one agency do paid media and outbound?
Some do, and it is the strongest version of the model when the two share a dataset: the accounts engaging with ads become the outbound list, and outbound replies become retargeting audiences. Kiin and Understory both run this explicitly. The failure mode is an agency that sells both but runs them as separate teams with separate target lists.
Is full-funnel worth it for a small B2B company?
Not always. If demand already exists in your category and you are simply not capturing it, buy capture and skip the rest. Full-funnel earns its cost when the category is new, the buying committee is large, or the sales cycle is long enough that nobody converts on first contact.