What is Stackin?
Stackin, formerly operating under the domain SideHustles.com, is a comprehensive platform dedicated to the gig economy and remote work opportunities. It offers a specialized job board for part-time and remote positions, alongside a vast repository of ideas and reviews for gig applications designed to empower individuals in generating side hustle income. The platform serves a broad demographic, including students, seniors, and professionals across various sectors, providing essential resources for job hunting, freelance engagements, and insights into the most viable side hustles. By emphasizing transparency and featuring verified employers, SideHustles.com streamlines the search for legitimate supplementary work, solidifying its role as a key resource in the evolving landscape of flexible employment.
How much funding has Stackin raised?
Stackin has raised a total of $16.9M across 3 funding rounds:
Series A
$4M
Series B
$12.6M
Debt
$250K
Series A (2019): $4M with participation from Cherry Tree Investments, Mucker Capital, Dig Ventures, Experian Ventures, Social Leverage, and Wavemaker Partners
Series B (2020): $12.6M led by Octopus Ventures
Debt (2021): $250K supported by PPP
Key Investors in Stackin
Octopus Ventures
Octopus Ventures is a prominent UK-based investment firm known for its specialization in tax-efficient investments, including VCTs and inheritance tax solutions. They manage substantial assets and focus on helping individual and institutional clients achieve financial growth and planning.
Cherry Tree Investments
Cherry Tree & Associates is a private investment banking firm with extensive experience in M&A for middle-market companies, assisting owners with liquidity and recapitalization, and buyers with strategic acquisitions across various industries.
Experian Ventures
Experian PLC is a global information services company providing credit reporting, data analytics, and financial solutions. They offer services for individuals and businesses, operating worldwide in the financial services sector.
What's next for Stackin?
The recent major strategic investment into Stackin signals a pivotal moment for the company, likely indicating a transition towards scaling operations and enhancing its platform's capabilities. This enterprise-level backing suggests a focus on expanding market reach, potentially through new feature development, strategic partnerships, or aggressive user acquisition campaigns. The company's trajectory, marked by consistent capital raises including Series A and Series B rounds, points towards a robust growth strategy aimed at capturing a larger share of the burgeoning gig economy and remote work market. Future developments may include deeper integration of AI for job matching, enhanced tools for freelancers, and broader employer solutions.
See full Stackin company page
