What is Moonlighting?
Moonlighting positions itself as a pioneering mobile, on-demand solution designed to empower individuals to generate supplementary income and enable businesses to swiftly hire skilled professionals. The company has established a virtual marketplace facilitating direct connections between freelancers and small enterprises via mobile devices. Its platform, supported by blockchain technology and its own token, aims to provide a comprehensive suite of tools for millions of independent workers globally. Based in Charlottesville, VA, Moonlighting is engineered to serve the evolving needs of the gig economy.
How much funding has Moonlighting raised?
Moonlighting has raised a total of $6.3M across 4 funding rounds:
Private Equity
$1.9M
Private Equity
$1.9M
Private Equity
$2.3M
Debt
$150K
Private Equity (2015): $1.9M with participation from The McClatchy Company and New Richmond Ventures
Private Equity (2015): $1.9M led by New Richmond Ventures, Paul Palmieri, Baltimore Angels, and McClatchy
Private Equity (2016): $2.3M supported by tronc, Inc, McClatchy, and Gannett
Debt (2020): $150K featuring PPP
Key Investors in Moonlighting
tronc, Inc.
tronc, Inc. is a media company with a strong journalistic foundation, operating trusted newsrooms across major U.S. markets and offering integrated marketing and media services.
McClatchy
McClatchy is an American publishing company with a long history, operating daily and non-daily newspapers and direct marketing services across various regions.
Gannett
Gannett Co., Inc. is a news and information company that publishes a wide array of print and digital daily and non-daily publications, including the USA TODAY brand.
What's next for Moonlighting?
With a history of enterprise-level funding and recent strategic investment, Moonlighting appears poised for significant scaling. The company's focus on a blockchain-supported platform and its own token suggests a forward-thinking approach to transaction security and efficiency within the gig economy. Future growth will likely involve expanding its user base, enhancing its tool suite for both freelancers and businesses, and potentially exploring new market segments or geographical regions. The company's trajectory indicates a strong commitment to solidifying its position as a leader in the mobile-first freelance and hiring market.
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