UK-based marketing tech startup ContentCal has announced snapping up €2.8 million from early and growth stage investor Fuel Ventures, with participation from existing shareholders. The new funding will be focused on driving customer growth, product innovation and doubling the size of the team.
London-based ContentCal was launched in 2014 when Alex Packham saw a gap in the market to significantly improve the social media content creation and publishing processes for businesses who didn’t have or couldn’t afford the expertise in-house, through software and automation.
ContentCal’s products allow businesses to centralise and automate content ideation, creation, publishing and reporting across their social channels, blogs, internal communications and advertising platforms, while integrating with 1,500 other business applications, helping them to balance the requirement to publish more content than ever before with the need for quality content creation.
In the last 12 months, ContentCal has grown over 200% year-on-year, with more than 1,500 paying customers and 35,000 users across over 100 countries. With the new investment, ContentCal’s mission is to continue to build and scale its content marketing and collaboration platform.
Mark Pearson, founder of Fuel Ventures, commented: “For us, Alex and the entire ContentCal team fit perfectly into what we were looking for and we have come away impressed by our interactions since first meeting. With a great team that executes and a product that fits the need of all companies whether they be SMEs or MNCs, investing into ContentCal was a golden opportunity that we didn’t want to miss, and we can’t wait to share in the success of the company going forwards.”
Alex Packham, founder and CEO of ContentCal, added, “I’m delighted to have secured funding from Fuel Ventures and be working with them on the next phase of our journey. After meeting a number of investors, Fuel fully understood the business after the first meeting, moved incredibly quickly and have already added value in the short time we’ve been working with them.”