Gigl Limited

Gigl Limited is a technology company that operates a platform connecting freelancers with clients, streamlining project management and communication in the gig economy. Founded in 2018 in London, UK, Gigl Limited connects freelancers with clients through its platform. The company has raised USD 1. 45 mn in Seed funding, led by Cerebrum Tech, with participation from Campden Hill Capital and Oxbridge Angels.

The latest funding round occurred on October 5, 2021, and the company has a total valuation of USD 5. 819 mn. The co-founders of Gigl are Christian Ayerst, Dan Hudson, and Hemant Pant, with Dan Hudson serving as the current CEO. Gigl offers a suite of products and services tailored for participants in the gig economy.

Their platform connects freelancers with clients for a variety of services, including creative and technical projects. Key features support seamless communication, project management, and payment processing, primarily targeting urban centers in North America and Europe, and serving small-to-medium enterprises and individual users. Gigl's revenue model comprises subscription fees and transaction-based fees. Clients subscribe to access premium features on the platform, facilitating effective connections with freelancers.

The company charges a percentage fee on successful project completions, creating a consistent revenue stream tied to user activity. Following its Seed funding round in October 2021, Gigl plans to utilize the USD 1. 45 mn raised to increase its marketing reach and expand its user base, specifically targeting small-to-medium enterprises (SMEs). The company aims to enhance its platform by launching new features and services, with a focus on entering new geographic markets, although specific regions and timelines have yet to be disclosed.