About Gigster
Gigster is a company based in Austin (United States) founded in 2013 was acquired by Virtasant in March 2024.. Gigster has raised $32.5 million across 3 funding rounds from investors including Redpoint Ventures, Andreessen Horowitz and Y Combinator. The company has 12 employees as of December 31, 2023. Gigster has completed 1 acquisition, including CodersRank. Gigster offers products and services including AI Development, Software Platforms, and Talent Matching. Gigster operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Kontron, Unicorn and RedShelf, among others.
- Headquarter Austin, United States
- Employees 12 as on 31 Dec, 2023
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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
*********
- Legal Name Gigster 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
$32.5 M (USD)
in 3 rounds
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Latest Funding Round
$20 M (USD), Series B
Aug 29, 2017
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Investors
Redpoint Ventures
& 17 more
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Employee Count
12
as on Dec 31, 2023
- Investments & Acquisitions
- Acquired by
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Products & Services of Gigster
Gigster offers a comprehensive portfolio of products and services, including AI Development, Software Platforms, and Talent Matching. 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.
Platform for building enterprise AI solutions efficiently.
Tools for creating custom applications and optimizations.
On-demand access to global developers and experts.
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Funding Insights of Gigster
Gigster has successfully raised a total of $32.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in August 2017. 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 B — $20.0M
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First Round
First Round
(01 Jul 2015)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2017 | Amount | Series B - Gigster | Valuation | Redpoint Ventures | |
| Dec, 2015 | Amount | Series A - Gigster | Valuation | a16z | |
| Jul, 2015 | Amount | Seed - Gigster | Valuation | Greylock , Felicis Ventures |
| 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 Gigster
Gigster has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Redpoint Ventures, Andreessen Horowitz and Y Combinator. 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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Redpoint Ventures is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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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 Gigster
Gigster has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include CodersRank. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based profiles for developers are built from integrated online data.
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Gigster
| 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 |
Gigster Comparisons
Competitors of Gigster
Gigster 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 AlmavivA, Hedgehog lab, Kontron, Unicorn and RedShelf, 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 |
IT services suite solutions are provided globally by AlmavivA.
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| domain | founded_year | HQ Location |
Mobile application development and UX design services are provided.
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| domain | founded_year | HQ Location |
Embedded computing platforms are developed for industrial applications.
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| domain | founded_year | HQ Location |
Software development services are provided by Unicorn in Prague.
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| domain | founded_year | HQ Location |
Platform offering digital textbooks for students
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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 Gigster
Frequently Asked Questions about Gigster
When was Gigster founded?
Gigster was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Gigster located?
Gigster is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is Gigster a funded company?
Gigster is a funded company, having raised a total of $32.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Jul 01, 2015.
How many employees does Gigster have?
As of Dec 31, 2023, the latest employee count at Gigster is 12.
What does Gigster do?
Gigster was founded in 2013 and is headquartered in Austin, United States. Software development services are offered through an AI-powered platform that matches talent to projects, accelerates delivery timelines, and ensures cost efficiency with guaranteed outcomes. A workflow model is utilized for streamlined execution and project management, while weekly updates are provided by an assigned product manager. Operations focus on the technology sector.
Who are the top competitors of Gigster?
Gigster's top competitors include RedShelf, Unicorn and Hedgehog lab.
What products or services does Gigster offer?
Gigster offers AI Development, Software Platforms, and Talent Matching.
How many acquisitions has Gigster made?
Gigster has made 1 acquisition, including CodersRank.
Who are Gigster's investors?
Gigster has 18 investors. Key investors include Redpoint Ventures, Andreessen Horowitz, Y Combinator, Sound Ventures, and Adam D'Angelo.
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