Scalenut is an artificial intelligence-powered SEO content platform that helps you with the search engine-friendly content creation process with the help of AI. Learn more at Scalenut.com
The Scalenut company has raised funds.
The Scalenut company has raised $3.1 million in funding. The registered office of Scalenut is in Gurgaon, Haryana, India. The round was led by Saama Capital, a venture capital firm in Karnataka, India and Amit Singhal, a former Google senior vice president who served as the head of Google Search.
They had previously raised $400,000 in seed funding led by Titan Capital, First Principles VC, AngelList, Abhishek Goyal, and other leading angel investors.
In January 2022, they launched their own SaaS platform for public use and, in the past six months, they have witnessed 10x revenue growth.
Scalenut Founder & Investors commented on this funding:
To increase organic growth, SEO and content marketing teams juggle multiple tools for sound SEO research, content creation, optimization, and performance measurement. Not only is it inefficient, but it also leads to siloed team efforts based on broken insights and incomplete strategy. This is why most businesses struggle to scale content marketing successfully.
Mayank Jain, Co-founder, Scalenut
With content consumption increasing worldwide, content is a key driver for business growth. One common problem businesses face to power up their organic marketing is scaling content meaningfully. There is no easy way to scale content, and Scalenut is solving precisely that with its robust AI platform. This is a big value add. Since launching its SaaS platform in Jan 2022, Scalenut has seen good traction with over 100,000 registered users. We were quite impressed seeing the product team has built and their market response.
Ash Lilani, Managing Partner, Saama Capital
There is no one better than Scalenut to help businesses scale organic traffic. With deep domain expertise and a passion for helping businesses grow sustainably, I am super excited to be part of the team. Their recent growth has validated our belief, and I am excited about what’s in the store.
Amit Singhal, Former Senior VP of Google & Head of Google Search
Company Details
- Company Legal Name: Scalenut Technologies Private Limited
- Business Category: SaaS Platform
- Raised: $3.1M
- Round: Two
- Funding Month: August 2022
- Lead Investors: Saama Capital and Amit Singhal
- Company Website: https://www.scalenut.com/
About Scalenut Software
Scalenut is a content intelligence SaaS platform that helps you discover and create the most suitable content for your audience.
It uses deep learning and Artificial Intelligence to generate the perfect content for search engines.
Scalenut is one of the best choices for AI writing software on the market today that manages SEO and content effortlessly.
The platform can help you with SEO data insights for AI-generated content. You can try Scalenut.com for free.
How will the funding be used?
The company will put the funds towards developing business in the UK and US markets and help SME brands plan, research and create SEO-friendly content quicker than ever before.
Mayank Jain, Scalenut’s co-founder, says,
This funding is to continue building the platform, hiring talent, and expanding to new geographies. We have set our sights on solving a massive problem that marketers worldwide face today. The market opportunity and progress excite us to work harder and make a dent in this domain.
Mayank Jain
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Conclusion
The company aspires to become a $10 Mn ARR business within the next couple of years.
They intend to build an entire content suite for businesses. The current AI content market is fragmented and offers little value in terms of scaling content.
The company believes that AI-powered SEO and content marketing is the future of digital marketing and Scalenut will not just be at the forefront of it but the goal of the company is to be pioneers of this future.
You can check Scalenut.com and experience the future yourself.
Mayank posted the complete story about this funding news on the Scalenut website. You can see it here.