Revnu secures £2.3m seed investment led by PXN Equity Finance to scale its artificial intelligence marketing platform.
The Manchester-based startup will use the capital to expand its local team and accelerate growth in international markets.
Revnu develops an artificial intelligence growth platform that automates customer acquisition and sales pipeline management for emerging businesses.
Manchester-based growth platform Revnu has secured £2.3m in seed funding led by NPIF II, PXN Equity Finance, with additional backing from Y Combinator. Founded by childhood friends George Jefferson and Art Freebrey, the company builds automated tools that allow early-stage businesses to run marketing campaigns and generate leads without large in-house teams.
The fresh capital will be directed towards growing the team in Manchester, strengthening market presence in the UK and US, and pursuing broader international expansion.
From the founder
"AI has made it easier than ever to start a business, but the real challenge arises when it comes to growing them. There’s a general understanding about what’s needed: more outbound, trying LinkedIn ads and testing more. But many simply don’t have the time to run this activity themselves, nor have the budget to hire a dedicated growth team."
George Jefferson
CEO at Revnu
Investor perspective
"We knew George and Art prior to Y Combinator from their participation in hackathons and contribution to student accelerators. The pair immediately stood out as ambitious, driven young founders with strong technical expertise. When combined with our high conviction thesis on the new world of growth marketing, backing Revnu was an easy decision. NPIF II was created to invest in founders exactly like George and Art, and we’re proud to support them in their growth journey."
Stefano Smith
Investment Executive, Praetura
Use of funds
- 01Grow the team
- 02Expand into international markets
