Gordons advises social media and content marketing platform ContentCal on £2.5m investment
Tuesday 21st April 2020
London-based ContentCal has closed a £2.5m funding round led by Fuel Ventures, with participation from existing shareholders.
Gordons corporate partner Duncan Firman and solicitor Stephanie Houghton advised the company on the investment.
Founded in 2014, ContentCal specialises in providing social media content creation and publishing processes for businesses without in-house knowledge.
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.
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.
Duncan Firman said “We are very pleased to have supported ContentCal in the next phase of its growth. The company continues to go from strength to strength and the investment by Fuel will allow the company to, amongst other things, further develop its product line and roll out it out to a wider client base. We wish them every success and look forward to continuing to work with Alex and the rest of the team.”