Beef Digital secures £50k through Crowd2Fund to expand its business development operations.
The digital marketing agency raised growth capital via a revenue loan to fund key hires and marketing platforms.
Beef Digital provides digital marketing and technical consulting services to creative agencies and major consumer brands.
Beef Digital has secured £50k in growth funding via Crowd2Fund to accelerate its expansion in the digital advertising market. The capital will support the appointment of a business development director and the implementation of an inbound marketing platform.
The financing was structured as a revenue loan, requiring the agency to pay back 12% of its monthly turnover rather than fixed monthly amounts. The company expects to surpass £1m in turnover by 2017.
From the founder
"Traditional bank funding was not able to provide us with the support that we need. As well as allowing us access to finance, Crowd2Fund have provided us with marketing and business development resources which have allowed us to raise more awareness of who Beef Digital are and what we are doing."
Matt Cooper
Founder at Beef Digital
Use of funds
- 01Grow the team
- 02Accelerate go-to-market
Investors
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About the company
Beef Digital
Beef Digital provides digital marketing and technical consulting services to consumer brands and creative agencies.