Glasgow-based startup Gigged.AI secures major £600K investment

by Startacus Admin
Innovative digital talent sourcing and on-boarding platform Gigged.AI secures investment to support further product development and team expansion
Fab news for tech startup Gigged.AI with the announcement that it has closed a £600k investment round to support its growth within the global AI talent marketplace. The funding round was led by early-stage venture capital firm Techstart Ventures with additional angel investment from other UK tech sector leaders who will now form a new Gigged.AI advisory board.
The Glasgow-based company’s AI-driven technology transforms the sourcing and on-boarding of tech talent in the gig economy by giving employers and on-demand talent a simple and effective way to connect and work together in the post-Covid 19 economy. Gigged.AI has developed unique algorithms that minimise geographical bias to match the most relevant on-demand talent to a specific statement of work, reducing onboarding time by six weeks and enabling projects to deliver faster and within budget.
This investment will go towards expanding the Gigged.AI team and further developing its innovative technology for future product launches as it targets growth across the talent platform industry.
CEO Rich Wilson said: “Since our launch in July 2021, the response to our product has surpassed our expectations and confirmed there is a substantial market for our proposition at a time when how we work is changing. Techstart and our other prominent investors are the ideal partners to help us scale to reach a much wider audience and further develop our offering to position us at the forefront of the global talent platform industry.”
Exciting times ahead for this innovative startup!
Incidentally, innovations in sourcing and onboarding talent is a topic that’s high on the agenda at our upcoming Work: In Progress event.
It’s a hybrid affair so we’d love it if you could join us!
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Published on: 18th October 2021
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