ScaleNut is an AI-powered writing tool designed mainly for blog content. According to the startup, their tool is used by over 100,000 marketers.
Focused on the US and the UK markets, ScaleNut generated an estimated $6.4M in revenue last year (Pitchbook).
And they expect to hit $10M in ARR by 2024.
The startup has raised $3.5M in funding to date.
What’s Next
ScaleNut is part of the AI-powered Marketing Tools meta trend.
Over the last 18 months the number of AI-powered marketing tools have exploded.
Examples of trending AI marketing tool categories include AI SEO optimization and AI video generators.
While Lumen5, Synthesia, and Captiv8 are examples of fast-growing startups in this space.