£600,000 Investment for Glasgow AI Firm
Gigged.AI closes an investment round of £600,000 to support its growth.
08:43 22 October 2021
Gigged.AI, a Glasgow-based artificial intelligence company, has successfully raised £600,000 in an investment round led by venture capital firm Techstart Ventures and participated by other UK tech sectors leaders.
The company has since confirmed that the new funding will be used to hire additional employees as it focuses on building its sales and growing its customer success teams. It will also invest in the further development of its technology for future product launches.
The company's technology, which uses artificial intelligence, is designed to transform the sourcing of tech talent by providing a platform for employers and on-demand talent.
Gigged.AI 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.”
Calum Forsyth, Investor at Techstart Ventures, stated: We are delighted to back Gigged.AI and join them on their journey to revolutionise how organisations engage with top-tier freelancers.”