Leicestershire based SEO startup Hike SEO has secured a six-figure investment.
The Lutterworth company raised £675,000 in an investment round led by DSW Ventures and Jenson Funding Partners.
The startup founded in 2017 is a platform for small business owners, providing them with personalised SEO recommendations and ongoing support to help them succeed on Google. Hike SEO has more than 10-thousand users in 70 countries.
The company said that this new round of funding “not only solidifies Leicestershire as a leading hub for Digital Marketing but also for that of the UK”.
CEO Andrew Allen said on Linkedin:
“I couldn’t be happier and more proud…It all started as an idea Kieran Headley and I had whilst having a pint in a local pub. Since then, we’ve managed to grow the platform into something exciting with huge potential that really helps small businesses grow.”
The investment will be used to further develop the platform, continue growth internationally, and create more jobs.
Director Kieran Headley commented:
“We have seen great growth in both the team and the customer base over the last few years!
“We have some awesome plans for the business over the next few years and cannot wait to see them come to fruition!”
Hike becomes the eleventh company to join the DSW Ventures portfolio. Emma Cassidy of DSW Ventures said:
“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.”