Kontent.ai, a revolutionary headless content management system (CMS) platform, has confirmed raising $40 million in growth capital funding from Expedition Growth Capital. The company plans to use the capital injection to widen its customer base, expand its marketing and sales teams, establish a new office in New York, and further enhance its product offerings. In conjunction with this announcement, Bart Omlo has been appointed as Kontent.ai's new CEO.
Established in 2015 as an internal startup within Kentico, an 18-year-old bootstrapped software developer company, Kontent.ai aimed to assist businesses in managing their cloud-based content efficiently. The platform focuses on leveraging headless CMS architecture to improve the speed and adaptability of digital experiences, enabling rapid growth in the market segment. With a sturdy client base, the company powers over 2,000 websites, apps, and e-commerce experiences, including prominent clients like the University of Oxford and Anaplan.
The headless CMS market is projected to reach a valuation of $1.6 billion by 2027, according to Research and Markets. This flourishing sector includes competitors such as Contentful, Contentstack, Strapi, Storyblok, and AppMaster. With its bootstrapped and capital-efficient background, Kontent.ai has positioned itself effectively for the current economic climate, gaining a competitive edge in the CMS software space.
Kontent.ai's comprehensive platform presents users with seamless access to create and review content, such as text, images, and objects. In addition, developers can easily integrate Kontent.ai into other apps and technologies using APIs and adaptable content models, giving them control over content structures and delivery methods.
To set itself apart from competitors, Kontent.ai has introduced innovative features such as its Recommendation API, which uses AI to evaluate recommendable items and suggest them to specific app and website users or user segments. Furthermore, the platform's Web Spotlight feature provides businesses with a page-centric view for editing layouts and copy, while Collections enables content sharing and access control for specialized content delivery.
Newly appointed CEO Bart Omlo attributes the traditional CMS industry's substantial inflection point to the shift of customers to cloud-native, composable approaches. This trend has driven companies to reassess their digital strategies, including website redesign, creating opportunities for modern CMS solutions like Kontent.ai to thrive.
With ambitious plans for the future, Kontent.ai aims to hire an additional 100 employees within the next year, augmenting its current headcount of 120 across five offices. As the company continues to expand and develop its industry-leading platform, customers can anticipate enhanced features and capabilities for managing their content across websites, apps, and e-commerce platforms.
