Hike SEO raises £675k from DSW Ventures and Jenson Funding Partners to expand its SEO platform.
DSW Ventures led the investment into the Leicestershire software firm alongside Jenson Funding Partners.
Share allotment filed at Companies House
Hike SEO provides a DIY search engine optimisation platform designed to help small businesses and digital agencies improve their online visibility.
Hike SEO has secured £675k in an investment round led by DSW Ventures, alongside participation from existing backer Jenson Funding Partners.
The Leicestershire-based company has developed a search engine optimisation platform that enables small businesses and digital agencies to build and execute bespoke online marketing strategies without hiring specialist consultants. Since launching in 2017, the firm has accumulated over 1,000 customers and surpassed £1m in annual revenue.
The fresh capital will be directed towards ongoing platform development and recruitment across commercial and operational roles. Alongside the investment, the business has appointed Jim Hodgkins as Chair and Deborah Jones as Chief Financial Officer.
Investor perspective
"We were immediately drawn to the scale and speed of growth that Andy and Kieran had achieved with minimal capital, as well as the potential of their product in an underserved area of the SEO market. We are delighted to support such a talented founder team from another very exciting regional software company."
Emma Cassidy
DSW Ventures
Use of funds
- 01Continue product development
- 02Grow the team