Scalenut Raises $3.1m led by Saama Capital

0
237

California-based Scalenut, a startup that operates an AI-powered SEO and content marketing platform, has raised $3.1 million in a funding round led by Saama Capital & Amit Singhal a former senior vice president at Google who served as head of Google Search.

Previously, $400,000 seed round was led by Titan Capital, First Principles VC, AngelList, Abhishek Goyal, and a number of other leading angel investors.

Potrivit to the company’s statement, Scalenut plans to use the funds raised to continue developing the platform, hire staff, and expand its reach into new geographies.

Scalenut is an artificial intelligence-powered platform that aims to automate large portions of the content creation process for businesses that want to grow through this route.
Mayank Jain, who co-founded the company in 2021, along with Gaurav Goyal and Saurabh Wadhawan, says, “We want to help businesses to use content in order to grow sustainably,” he says, launching its first products earlier this year.

KL Rahul-Backed Menswear Brand XYXX Raises INR 90 Crore

Founded in 2020 by Mayank Jain, Gaurav Goyal, and Saurabh Wadhawan, The startup aims to automate large portions of the content creation process for businesses that are seeking to grow through this route. Currently, it focuses on the US and UK markets.

For more technology & Startup news, and updates, keep reading marketmoney.in