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Manchester-headquartered digital media business KOMI Group has secured an additional £5.5 million in growth capital investment from BGF. This follows the multi-million-pound investment from BGF that was announced in November 2022. The additional funding will allow KOMI Group to continue its growth trajectory, with an enhanced focus on international expansion and strategic M&A.
KOMI Group has already experienced strong growth with BGF’s backing. With a mission to create the most engaged digital audiences in the world, KOMI Group has also expanded its followers from 40 million to 113 million, across 46 brands, generating more 2.5 billion monthly views (which amounts to more than 1.5 billion minutes watched each month). The business has also successfully launched its new talent offering, KOMI Talent, which has grown by 130% year-on-year.
Founded in 2015, KOMI Group is led by Founder and CEO Andrew Trotman, Group Managing Director Sam Lenehan, and CFO Tom Moran.
Sam Lenehan, Group MD at KOMI Group, said: “We’ve experienced a period of good growth with BGF’s support and created strong foundations to accelerate our global expansion. With renewed backing, we’ll look at US acquisitions where we can partner with agile, independent companies, to drive innovation and grow more rapidly as a combined entity. We were attracted to BGF because of its flexible model and ability to provide follow-on funding, so we can capitalise on growth opportunities. We’re energised by this investment and have a number of live opportunities ready to put the capital to work.”
KOMI works across all major social media platforms, creating and curating engaging, social-first content to entertain its global audience base. It also works with content creators, brands, media agencies and production houses, to drive social media strategies that achieve against a business’ objectives. In addition, it licences expertly curated content used by the world’s biggest media outlets and supporting influencers’ content generation.
