AI-Based content marketing platform Scalenut raises $3.1 mn in funding led by Saama Capital
Scalenut, an AI-powered platform for SEO and content marketing, raised $3.1 million in a seed plus round from investors Saama Capital and Amit Singhal. The business will utilise the money to grow its platform and reach new markets.
The business had previously raised $400,000 in seed capital from a group of prestigious angel investors including Abhishek Goyal, Titan Capital, First Principles VC, and AngelList. It released its SaaS platform for general usage in early 2022, and during the last six months, company income has increased by 10X.
Titan Capital, First Principles VC, AngelList, Abhishek Goyal, and other notable angel investors had previously led a $400K seed investment round for the firm.
The new development coincides with the startup’s plans to scale the platform and enter additional geographies.
Scalenut’s SaaS platform seeks to assist SMBs and mid-market companies in scaling content and achieving sustainable growth through organic marketing. Along with SMBs, it serves other companies like Snapdeal, PharmEasy, Foyr, Hubilo, and Mosaic Wellness as clients.
Scalenut helps companies and brands plan, research, and produce content in half the time it usually takes, with an emphasis on the US and UK markets. Additionally, it also claims to cut expenditures by 90% and scales up it’s content production.
The Haryana based AI-powered content research and writing platform was established in August 20, 2020 by Mayank Jain, Gaurav Goyal, and Saurabh Wadhawan. In early 2022, it made its AI-powered SEO and content marketing platform available to the general public making possible original, high-ranking, long and short-form content for its users.
Scalenut seems to be promoting new technologies, information, and internet platforms. Congratulations on your startup. May this new business bring you huge success and fulfillment.Shishir Gupta, Founder and CEO, StartupLanes
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