How Much Did Gigster Raise?
Funding & Key Investors

Gigster, a prominent player in the on-demand software development sector, has successfully navigated multiple capital infusion cycles to solidify its market presence. With a cumulative total funding amount of $35.3M, the company has demonstrated a robust trajectory in scaling its engineering-as-a-service model. The most recent strategic investment of $1.7M underscores the firm's ongoing commitment to expanding its enterprise-level capabilities and maintaining its competitive edge in the rapidly evolving digital transformation landscape.

The company's financial history reflects a disciplined approach to growth, transitioning from early-stage backing to significant debt and equity financing. By leveraging capital from top-tier venture firms, Gigster has effectively bridged the gap between complex enterprise requirements and agile, on-demand technical talent, positioning itself as a critical infrastructure partner for modern businesses.

What is Gigster?

Gigster
Business ServicesSoftware Testing

Founded in 2014 and headquartered in San Francisco, Gigster operates as a sophisticated platform that connects organizations with elite, on-demand software development teams. By providing a curated network of engineers, designers, and product managers, the company enables enterprises to accelerate their product roadmaps without the overhead of traditional hiring. Gigster's market position is defined by its ability to deliver high-quality, scalable software solutions, effectively serving as an extension of internal engineering departments for companies ranging from startups to Fortune 500 entities.

How much funding has Gigster raised?

Gigster has raised a total of $35.3M across 7 funding rounds:

2013

Other Financing Round

$1.8M

2015

Multiple Rounds

$10.8M

2017

Series B

$20M

2020

Debt

$1M

2021

Debt

$1.7M

Other Financing Round (2013): $1.8M with participation from Andy Rankin, Justin Waldron, Felicis Ventures, Caffeinated Capital, and Transmedia Capital

Other Financing Round (2015): $700K led by Bloomberg and Caffeinated Capital

Other Financing Round (2015): $120K supported by Y Combinator

Series A (2015): $10M featuring Andreessen Horowitz and Y Combinator

Series B (2017): $20M backed by Redpoint Ventures

Debt (2020): $1M with participation from PPP

Debt (2021): $1.7M led by PPP

Key Investors in Gigster

Andreessen Horowitz

A premier venture capital firm that backs bold entrepreneurs building the future through technology, known for its deep expertise in software and internet-scale businesses.

Y Combinator

A highly influential startup accelerator and seed-stage investor that provides foundational capital and mentorship to high-growth technology companies.

Caffeinated Capital

A thesis-agnostic venture firm that partners with founders from the inception stage, providing long-term support across diverse sectors including enterprise software and fintech.

What's next for Gigster?

Looking ahead, Gigster is well-positioned to capitalize on the increasing demand for flexible, high-velocity engineering resources. The recent influx of capital suggests a strategic pivot toward deepening its enterprise integration and potentially enhancing its proprietary project management technology. As the company matures, the focus will likely shift toward optimizing its talent matching algorithms and expanding its service offerings to address more complex, mission-critical enterprise software needs. By maintaining its focus on quality and scalability, Gigster remains a pivotal entity in the future of work and distributed development.

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Frequently Asked Questions Regarding Gigster Financial Insights

What are the most recent funding rounds that Gigster has completed, and what were the funding rounds?
Gigster has recently completed 3 funding rounds: Debt on Jan 28, 2021, Debt on Apr 15, 2020, Series B on Aug 1, 2017.
What is the total amount of funding Gigster has raised to date?
Gigster has raised a total of $35.3M in funding to date.
How many funding rounds has Gigster completed?
Gigster has completed 3 funding rounds.
How much funding did Gigster raise in its most recent funding round?
Gigster raised $1.7M in its most recent funding round.
Who are the lead investors in Gigster's latest funding round?
The lead investor in Gigster's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Gigster's history?
The largest funding round in Gigster's history was $20M.
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