What is Gigster?
Gigster, founded in 2014 and based in San Francisco, California, operates as a platform for on-demand tech project completion. The company facilitates the engagement of skilled developers and project managers to build software and other technology solutions for businesses. This approach allows clients to access specialized talent and accelerate their product development cycles without the overhead of traditional hiring. Gigster's model addresses the growing demand for flexible and efficient software development services in the enterprise sector.
How much funding has Gigster raised?
Gigster has raised a total of $35.3M across 7 funding rounds:
Other Financing Round
$1.8M
Multiple Rounds
$10.8M
Series B
$20M
Debt
$1M
Debt
$1.7M
Other Financing Round (2013): $1.8M with participation from Caffeinated Capital, Transmedia Capital, Justin Waldron, Felicis Ventures, and Andy Rankin
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
Andreessen Horowitz
Andreessen Horowitz is a prominent venture capital firm known for investing in early-stage and growth-stage technology companies, often leading seed and Series A rounds.
Redpoint Ventures
Redpoint Ventures is a venture capital firm that focuses on investments in early growth-stage companies, providing capital to help them scale.
Y Combinator
Y Combinator is a highly selective startup accelerator that provides seed funding and mentorship to early-stage companies, helping them grow and secure further investment.
What's next for Gigster?
With its recent major strategic investment, Gigster is poised for accelerated growth and expansion. The company is likely to leverage this new capital to enhance its platform capabilities, broaden its service offerings, and scale its operations to meet increasing market demand. Further investment in talent acquisition and technological innovation will be crucial for Gigster to maintain its competitive edge and solidify its leadership in the on-demand software development space. The company's strategic financing suggests a focus on scaling its enterprise solutions and potentially exploring new market verticals.
See full Gigster company page
