About GigPro
GigPro is a company based in Charleston (United States) founded in 2019 by Ben Ellsworth.. GigPro has raised $21.3 million across 3 funding rounds from investors including Foundry, Stage 1 Ventures and Stage 2 Capital. GigPro offers products and services including Gigpro App and Pros Application Service. GigPro operates in a competitive market with competitors including Qwick, Brigad, Heroes Jobs, Croux and Rota, among others.
- Headquarter Charleston, United States
- Founders Ben Ellsworth
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Gigpro Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$21.3 M (USD)
in 3 rounds
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Latest Funding Round
$16 M (USD), Series A
Jun 07, 2024
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Investors
Foundry
& 3 more
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Employee Count
Employee Count
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Products & Services of GigPro
GigPro offers a comprehensive portfolio of products and services, including Gigpro App and Pros Application Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for businesses to post and fill hospitality shifts quickly.
Service allowing pros to apply and get paid for gig work.
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Funding Insights of GigPro
GigPro has successfully raised a total of $21.3M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $16 million completed in June 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 3
- Last Round Series A — $16.0M
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First Round
First Round
(19 Oct 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series A - GigPro | Valuation | Foundry | |
| Apr, 2022 | Amount | Series A - GigPro | Valuation |
investors |
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| Oct, 2021 | Amount | Seed - GigPro | Valuation |
investors |
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| 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 GigPro
GigPro has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Foundry, Stage 1 Ventures and Stage 2 Capital. 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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Early-stage US companies are invested in by Stage 1 Ventures.
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Founded Year | Domain | Location | |
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Venture capital funding is offered to B2B software companies.
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Founded Year | Domain | Location | |
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Tech focused VC firm that does seed and early stage investments in the US
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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
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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 GigPro
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - GigPro
| 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 |
Gigpro Comparisons
Competitors of GigPro
GigPro operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Qwick, Brigad, Heroes Jobs, Croux and Rota, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based on-demand staffing for hospitality roles is facilitated.
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| domain | founded_year | HQ Location |
On-demand staffing for hospitality is facilitated through an online platform.
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| domain | founded_year | HQ Location |
Retail and hospitality recruitment is enabled via video-based platform.
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| domain | founded_year | HQ Location |
On demand staffing platform for the hospitality sector
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| domain | founded_year | HQ Location |
Hospitality recruitment services are provided on-demand in the UK.
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| 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.
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Latest news on Gigpro
Frequently Asked Questions about GigPro
When was GigPro founded?
GigPro was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is GigPro located?
GigPro is headquartered in Charleston, United States. It is registered at Charleston, South Carolina, United States.
Who is the current CEO of GigPro?
Ben Ellsworth is the current CEO of GigPro. They have also founded this company.
Is GigPro a funded company?
GigPro is a funded company, having raised a total of $21.3M across 3 funding rounds to date. The company's 1st funding round was a Seed of $300K, raised on Oct 19, 2021.
What does GigPro do?
GigPro was founded in 2019 in Charleston, United States, as a platform in the gig economy sector focused on the hospitality industry. Shifts are matched for restaurant veterans on an on-demand basis, with compensation provided upon completion. The mobile application is accessible via Google Play Store and Apple App Store, supporting flexible work arrangements in the region.
Who are the top competitors of GigPro?
GigPro's top competitors include Qwick, Brigad and Heroes Jobs.
What products or services does GigPro offer?
GigPro offers Gigpro App and Pros Application Service.
Who are GigPro's investors?
GigPro has 4 investors. Key investors include Foundry, Stage 1 Ventures, Stage 2 Capital, and Detroit Venture Partners.
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