Marketing tech firm to double workforce with £2.5m investment

A London-based marketing tech firm is set to expand its workforce after securing a multi-million pound investment.

ContentCal has closed a £2.5m funding round led by Fuel Ventures with participation from existing shareholders.

Founded in 2014 by Alex Packham, ContentCal specialises in providing social media content creation and publishing processes for businesses without in-house knowledge.

Alex Packham, founder and CEO of ContentCal, commented: “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.

“I’m thankful for all the support we’ve had to date from our customers and investors, alongside the hard work from our team, and look forward to continuing to grow the business with this new investment.”

The new funding will be used to drive customer growth, product innovation and doubling the size of the team.

Mark Pearson, founder of Fuel Ventures, added: “We’re really excited to be joining the ContentCal story, having witnessed their impressive growth both domestically and internationally over the last few years.

“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.”