Gigster, a company specializing in building top-tier software development teams, has announced it has secured $20.0 million in new funding. The capital infusion marks a significant milestone for the firm, which leverages an AI-powered platform to connect businesses with elite talent. This investment will support Gigster's mission to revolutionize how companies access and manage software development projects.
Founded in 2014, Gigster's platform is designed to ensure tailor-fit talent matching, accelerated delivery, cost efficiency, and guaranteed project outcomes. It achieves this through its proprietary AI, which analyzes skillset, past performance, and personality type from over a decade of project data. The company offers flexibility, providing fully-managed teams with project managers for end-to-end execution or on-demand talent to augment existing teams. Gigster boasts a global talent pool of over 50,000 rigorously-vetted developers, designers, and project managers, having completed more than 5,000 projects for some of the world's largest companies.
The newly raised funds are earmarked to accelerate Gigster's growth initiatives, including expanding its AI platform capabilities and further scaling its global network of elite professionals. This strategic investment underscores confidence in Gigster's proven model, which a third-party study by Constellation Research found results in 30% more efficiency in staffing, 60% lower delivery risk, and a 3.6x higher customer satisfaction score compared to other software development firms. The company aims to enhance its offerings to meet the evolving demands of the software development landscape.
Looking ahead, Gigster plans to continue its trajectory of innovation, focusing on delivering even greater value and efficiency to its clients. The company is poised to further solidify its position as a leader in AI-driven software development solutions, empowering businesses to execute complex projects with confidence and precision.
