RevGlue secures £300k in seed funding from GC Angels and Admitad to scale sales and marketing.
The investment from GC Angels and Admitad will fund team expansion and international growth.
RevGlue provides a platform that allows publishers and affiliates to monetise digital channels and build cashback and coupon websites. Based in Manchester, the company supplies tools designed to simplify online revenue generation.
RevGlue has secured £300k in seed funding from GC Angels and Admitad to expand its operations. The capital will be directed towards growing the sales and marketing team in Manchester alongside scaling the engineering division to refine existing products and build new features. The company also intends to accelerate its international footprint, including expansion into the United States.
The investment arrives as consumer demand for online savings tools increases. RevGlue currently collaborates with major UK affiliate networks and social influencers, positioning itself to capture wider market share within the digital publishing and affiliate sector.
From the founder
"After identifying the main problems facing bloggers, website and mobile app owners when monetising their start-ups, we have developed RevGlue to resolve those problems quickly and easily in the last three years. Thanks to the investment from GC Angels and Admitad, we now have the opportunity to scale our business activities in the UK over the next 12 months, before launching RevGlue into global markets with enhanced offers and tools."
Adeel Farooq
CEO and founder at RevGlue
Investor perspective
"RevGlue offers individuals who have been adversely impacted by the pandemic a real opportunity to make a living through social media and other online channels, which is a sector set for major growth this year. We’re delighted to invest alongside a leader in the affiliate marketing space, Admitad, to aid RevGlue’s growth in the UK and beyond as it capitalises on the rise in social media and online retail usage under lockdown. It’s particularly pleasing to be further supporting and encouraging diversity in investment and contributing to job creation across the region, which are key drivers for GC Angels."
Damian Mohammed
Investment Director, GC Angels
Use of funds
- 01Grow the team
- 02Invest in sales and marketing
- 03Continue product development
- 04Expand into international markets
