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 position. With a total historical accumulation of $35.3M, the company has demonstrated a consistent ability to attract institutional backing. The most recent strategic investment of $1.7M underscores the firm's ongoing commitment to scaling its enterprise-level service offerings and refining its proprietary project management infrastructure.

Since its inception in 2014, Gigster has evolved from a nascent platform into a sophisticated engine for technical delivery. By leveraging a global network of vetted developers, the company provides organizations with the agility required to execute complex digital initiatives without the overhead of traditional staffing models. This strategic approach to resource allocation has proven vital in maintaining its competitive edge within the rapidly shifting landscape of enterprise technology.

What is Gigster?

Gigster
Business ServicesSoftware Testing

Headquartered in San Francisco, Gigster operates as a specialized platform that facilitates the end-to-end delivery of software projects. By bridging the gap between enterprise demand and technical execution, the company enables businesses to accelerate their digital transformation roadmaps. Its core value proposition lies in its ability to provide on-demand access to high-caliber engineering talent, effectively functioning as an outsourced product development department for companies seeking to scale rapidly. The firm's operational model is designed to mitigate the risks associated with traditional software procurement, offering a structured, transparent, and outcome-oriented approach to building digital products.

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 Caffeinated Capital, Andy Rankin, Justin Waldron, Transmedia Capital, and Felicis Ventures

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

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

Redpoint Ventures

Redpoint Ventures was founded in 1999 and is a venture capital firm focused on investments in early growth-stage companies.

Caffeinated Capital

Caffeinated is a thesis and stage agnostic firm that partners with founders at the inception stage and invests throughout the life of the company across various sectors including enterprise and fintech.

Felicis Ventures

Felicis is a Menlo Park-based venture capital firm that raises multi-stage funds to invest in early and growth-stage technology companies across sectors such as SaaS, AI, and fintech.

What's next for Gigster?

Looking ahead, Gigster is positioned to capitalize on the increasing demand for flexible, high-velocity engineering solutions. The recent capital injection is expected to fuel further enhancements to its platform, potentially integrating more advanced AI-driven project management tools to optimize developer productivity and client outcomes. As the enterprise sector continues to prioritize digital resilience, Gigster's ability to provide scalable, on-demand technical expertise remains a critical asset. The company's trajectory suggests a continued focus on deepening its enterprise partnerships and expanding its service capabilities to address the evolving complexities of modern software development lifecycles.

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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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