Contra.Work, Inc.
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Contra.Work, Inc. - overview
Established
2019
Location
San Francisco, CA, US
Primary Industry
Internet
About
Contra. Work, Inc. is a US-based company that develops an innovative freelance network. This platform connects independent creatives with clients, streamlining the hiring process and enhancing project management in the gig economy.
Founded in 2019, Contra. Work, Inc. operates from San Francisco, US, offering a platform designed for freelancers and clients. The company was co-founded by Gajus Kuizinas, Jillian Crandall, and Rohan Kapur.
In November 2021, Contra raised USD 30 mn in Series B funding led by New Enterprise Associates, with participation from Cowboy Ventures and Unusual Ventures, bringing its total amount raised to USD 30 mn. Contra’s core offerings revolve around a commission-free freelance network that facilitates connections between independent creatives and clients. Their platform is designed to streamline the hiring process for designers, developers, content creators, and marketers. By providing a marketplace that allows independent professionals to showcase their portfolios, Contra addresses challenges in talent discovery and project management in the gig economy.
The service enables clients to hire freelancers directly, facilitating contract signing, invoicing, and payment processing without platform fees. Contra's solutions are utilized across various geographical markets, catering to a global clientele and enhancing operational efficiency for businesses and independent contractors. Contra generates revenue by charging clients for accessing features that facilitate project management and freelance hiring. The revenue structure is based on subscription models for businesses needing additional tools, alongside commission-free transactions between freelancers and clients.
Clients can engage freelancers on a project basis or through ongoing agreements, with Contra enabling seamless invoicing and payment processes. Specific pricing plans are available for enhanced functionalities, ensuring that both freelancers and clients benefit from a straightforward payment system. These arrangements support a sustainable business model that fosters a vibrant freelance ecosystem. Following the USD 30 mn funding raised in November 2021, Contra.
Work, Inc. plans to use the capital for internal hiring and further product innovation. The company is focused on launching new products aimed at enhancing the user experience and expanding its market presence. Plans include targeting new geographic regions for growth, although specific markets were not detailed.
These initiatives reflect Contra's commitment to developing its platform while responding to the evolving needs of freelancers and clients.
Current Investors
Everywhere Ventures, Dunce Capital, Cowboy Ventures
Primary Industry
Internet
Sub Industries
Social Networking & Communication Platform
Website
www.contra.com
Company Stage
Series B
Total Amount Raised
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