Outsized, an independent talent marketplace for firms, has announced the successful completion of its Series A fundraising round. This round was spearheaded by the reputable South African venture capital firm Knife Capital, with additional contributions from several individual investors, including Adrian Durham, the founder of the renowned wealth management platform FNZ Group.
With the newly secured funding, Outsized is well-positioned to further solidify its dominance as the leading player in emerging markets within the $5 billion freelance platform industry. The company plans to bolster its sales and engineering teams, expand its geographical presence, and accelerate product development to better cater to corporate clients and independent experts.
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Outsized has emerged as a disruptive force in the freelancing economy, focusing on high-growth markets in the Asia-Pacific, Africa, and the Middle East. Leveraging its cutting-edge AI-powered platform, the company offers businesses access to a meticulously curated network of 25,000 vetted, top-tier independent experts, redefining the landscape of agile workforce solutions in these regions.
Since its inception as a pilot project in 2016, Outsized has witnessed remarkable year-over-year growth. Niclas Thelander, the founder and chief marketing officer of Outsized, highlights the company’s pivotal role as a strategic partner to various management consulting firms and large corporations. He emphasizes that the recent funding marks a significant milestone, paving the way for innovative solutions for both talent and clients.
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By utilizing Outsized, businesses in developing regions can swiftly select and hire independent consultants or assemble complete teams to meet critical deadlines.
In addition to creating new modules tailored specifically for commercial clients, Outsized is actively developing services catered to seasoned freelancers. CEO Johann van Niekerk emphasizes the ongoing integration of AI technology into Outsized’s product offerings and core operations, enhancing the overall user experience for both clients and talent.
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SOURCE: TechEconomyNG
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