About FreelanceX
FreelanceX is a company based in Dubai (United Arab Emirates) founded in 2023 by Karine Harf and Sonia Edwin.. FreelanceX has raised $3 million across 2 funding rounds from investors including Clarck Kapril, Ramzi Alatri and FasterCapital.
- Headquarter Dubai, United Arab Emirates
- Founders Karine Harf, Sonia Edwin
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Sectors
Business Services
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Phone
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3 M (USD)
in 2 rounds
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Latest Funding Round
$1.45 M (USD), Seed
Sep 11, 2024
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Investors
FasterCapital
& 2 more
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Employee Count
Employee Count
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Funding Insights of FreelanceX
FreelanceX has successfully raised a total of $3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.45 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $1.4M
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First Round
First Round
(04 Oct 2023)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Seed - FreelanceX | Valuation |
investors |
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| Oct, 2023 | Amount | Angel Round - FreelanceX | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in FreelanceX
FreelanceX has secured backing from 3 investors, including angel and venture fund investors. Prominent investors backing the company include Clarck Kapril, Ramzi Alatri and FasterCapital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture building, startup incubation, and funding services are provided by FasterCapital.
|
Founded Year | Domain | Location | |
|
CK
Clarck Kapril |
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|
Founded Year | Domain | Location |
|
RA
Ramzi Alatri |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by FreelanceX
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - FreelanceX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Freelancex Comparisons
Competitors of FreelanceX
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about FreelanceX
When was FreelanceX founded?
FreelanceX was founded in 2023.
Where is FreelanceX located?
FreelanceX is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Who is the current CEO of FreelanceX?
Karine Harf is the current CEO of FreelanceX. They have also founded this company.
Is FreelanceX a funded company?
FreelanceX is a funded company, having raised a total of $3M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $1.55M, raised on Oct 04, 2023.
What does FreelanceX do?
FreelanceX was established in 2023 in Dubai, United Arab Emirates, as an HR platform in the freelance sector. A marketplace is provided to link companies with remote workers. Freelance websites are aggregated to facilitate the evaluation and screening of candidates against defined criteria. Qualifications and backgrounds are verified to confirm employee suitability for roles. Operations focus on enabling efficient hiring processes for businesses seeking flexible talent.
Who are FreelanceX's investors?
FreelanceX has 3 investors. Key investors include Clarck Kapril, Ramzi Alatri, and FasterCapital.