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Home Business StartUPs

Outsized Secures Series A Funding to Transform Freelance Work in Emerging Markets

by Joel Nwankwo
October 19, 2023
in StartUPs
0
Outsized
UBA
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Outsized, an independent talent market for firms has announced the completion of its Series A fundraising round.

This funding round was led by the renowned South African venture capital firm Knife Capital. It included contributions from a number of individual investors, including Adrian Durham, the creator of the well-known wealth management platform FNZ Group.

Outsized now has the resources it needs to solidify its position as the industry leader in emerging markets inside the $5 billion freelance platform market. In order to better serve both corporate clients and independent experts, the company plans to increase its sales and engineering staff, broaden its geographic reach, and speed up product development.

Outsized is a disruptive force in the freelancing economy in the Asia-Pacific, Africa, and Middle East high-growth markets. The company successfully redefines the landscape of agile workforce solutions in these regions by giving businesses access to a painstakingly curated network of 25,000 vetted, top-tier independent experts through its cutting-edge AI-powered platform.

Outsized has grown remarkably year over year since it began as a pilot project in 2016. Niclas Thelander, the founder and chief marketing officer of Outsized, notes that the firm is already a vital partner to various management consulting companies and large corporations. He asserts that the latest funding is a game-changer because it opens the door to creative, new solutions for its talent and clients.

With Outsized, businesses in emerging regions can quickly choose and hire independent consultants or assemble full teams to finish pressing tasks on time.

In addition to new modules created specifically for commercial clients, Outsized is also aggressively creating services for seasoned freelancers. The CEO of Outsized, Johann van Niekerk, said that “the integration of AI technology into Outsized’s product offerings and core operations is already underway, enhancing the user experience for both clients and talent.”

 

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  • Joel Nwankwo
    Joel Nwankwo

    Joel Nwankwo is a tech journalist. He is passionate about telling stories as it relates to Africa's social and financial tech advancements. You can reach him at joel.nwankwo@techeconomy.ng

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Joel Nwankwo

Joel Nwankwo

Joel Nwankwo is a tech journalist. He is passionate about telling stories as it relates to Africa's social and financial tech advancements. You can reach him at joel.nwankwo@techeconomy.ng

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