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New Modo25 investor John McDonnell.
Jane Imrie

Marketing agency to create further jobs following six-figure investment

A Leeds-based marketing agency is set to ramp up its expansion after securing six-figure investment.

New investor John McDonnell has invested a six-figure sum into Modo25, making it the firm’s third six-figure performance-related investment in the past six months.

This latest investment will enable Modo25 to add to its existing local recruitment drive, which is already seeking to bring 40 new digital jobs into Yorkshire.

Commenting on his investment in Modo25, John McDonnell said: “I’ve known Modo25’s CEO John Readman for a good few years and I’ve been impressed by his energy and drive to succeed.

“The business model he is deploying is eminently sensible and the ‘Software as a Service’ solutions they provide deliver real benefit to online retailers globally. I am looking forward to helping on the board and watching the Modo25 team fulfil their ambitions.”

Modo25’s CEO, John Readman, added: “We’re thrilled that John has invested into the Modo25 vision.

“Thanks to his investment, we can expand our ambitious on-going recruitment drive which will already bring over 40 jobs to Leeds and the surrounding areas.”

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