GC Angels and Admitad invest £300,000 in RevGlue

Investors in this round: GC Angels and Admitad

GC Angels and Admitad have invested £300,000 in RevGlue, a platform that enables affiliates and online publishers to monetise their websites, apps and socials.

RevGlues intends to use the investment to expand and hire a new sales and marketing team in Manchester. They will also expand their engineering team and they plan to expand in the US this year.

Damian Mohammed, Investment Director at GC Angels, said: “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.”

GC Angels supports SMEs in raising early-stage scale-up capital ranging from £25k to £2m. Through a network of angel investors, institutional capital partners and in-house co-investment funds, GC Angels has raised over £25.5m for more than 30 businesses across Greater Manchester and the wider North West of England to date.