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iContract raises over £800k to help contractors connect with recruiters

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by Startacus Admin

iContract, the online platform connecting contractors with recruiters, closed its latest round of iContract raises £800kinvestment a couple of weeks back - after successfully raising over £800,000.

With a pre-money valuation of £3,000,000, the campaign attracted direct investment from long-term strategic investors, as well as 200+ small-sized investors from its own community via the crowdfund platform Seedrswhich we had also reported about previously.

iContract investmentiContract connects professional contractors with recruiters and employers for job matching and professional networking. iContract already has a community of over 6,500 contractors and over 600 recruiters, and the fund raise will help scale-up the iContract team and enhance the development of their online platform.

The platform’s vision is to disrupt the contractor-recruiter market and create a world-wide community that enables contractors to manage their working lives more efficiently, connect and engage with peers, and ultimately bring about a more positive work-life balance for contractors.

Currently a free service for both contractor and recruiter users, the iContract team will implement its monetisation strategy in the coming months, with a number of prospective clients already keen to continue their commitment to the company. Established 'by contractors for contractors', iContract aims to be not just another jobs board, offering a one-stop shop where contractors can take control of their work-life balance.

Best wishes going forward iContract and congrats on the successful round of investment.

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Published on: 26th April 2018

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