Gig App Limited

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Gig App Limited - overview

Established

2015

Location

London, England, UK

Primary Industry

Internet

About

Gig App Limited is a staffing solutions provider specializing in the flexible placement of temporary and permanent staff across diverse sectors, including hospitality, logistics, and healthcare. Founded in 2015 in London, UK, Gig App Limited offers innovative staffing solutions. The company has undergone no significant changes in its core operations. The founders, Antony Woodcock and Daniel Woodcock, along with Ricardo Maldonado, have experience in the staffing industry.


Gig App Limited raised GBP 1 million in Seed funding in October 2016, totaling GBP 1 million to date, primarily targeting investments for growth. Gig App Limited provides a comprehensive suite of staffing solutions tailored for sectors like hospitality, warehousing, logistics, engineering, and healthcare. Their services include flexible and permanent staffing options, along with bespoke training programs aimed at enhancing worker skills. Operating under the Gig Flex model, the company addresses staffing issues and facilitates apprenticeships, connecting clients with a diverse candidate pool across the UK.


Gig App Limited generates revenue primarily through service fees for staffing placements and training programs. Engaging in B2B transactions, the company partners with businesses to meet their staffing needs, which include both temporary and permanent hires. The pricing structure is based on employment duration and specific training services, emphasizing custom staffing solutions aligned with operational requirements. Their investments in technology enhance client transparency and effective staffing management, contributing to the revenue model.


Gig App Limited plans to leverage its recent funding of GBP 1 million from October 2016 to support future growth initiatives. The company aims to expand its service offerings and enter new markets, specifically targeting sectors experiencing staff shortages. Current product development focuses on innovative training solutions and expanding the Gig Flex model, with plans to enhance geographic reach within the UK by the end of 2017.


Primary Industry

Internet

Sub Industries

Search Engines

Website

www.gigtogig.co.uk

Verticals

Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Gig App Limited - timeline of key events

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Gig App Limited - financials

Fiscal Year EndedJun 30, 2016Jun 30, 2017Jun 30, 2018Jun 30, 2019Jun 30, 2020Jun 30, 2021Dec 31, 2022
Revenue (USD)-------
% Revenue Growth (YoY)-------
EBITDA (USD)(156,979)------
Operating Income (USD)(156,979)------
Operating Margin-------
% EBITDA Margin-------
NET Income (USD)(125,583)(980,067)(625,004)----
% Net Margin-------

Gig App Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
SeedCompletedGig App Limited-

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Gig App Limited - employee data

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