GLASGOW, Scotland–(BUSINESS WIRE)–Gigged.AI is ready to scale its HR tech as firms deal with hiring freezes and employees retention. The corporate has secured its newest funding, a £1.6m seed spherical led by Par Fairness alongside present investor Techstart Ventures, and Nile HQ. Glasgow-headquartered startup Gigged.AI deploys AI-matching algorithms to assist companies supply and onboard on-demand tech expertise, whereas enabling SMEs and bigger corporates to retain present employees. Shoppers signed as much as the platform embody the BBC, ATOS, Webhelp, Skyscanner, FanDuel, and the College of Edinburgh.
Within the UK alone, gig economic system staff have tripled during the last 5 years, whereas Way forward for Work tendencies have been closely impacted by the pandemic and ensuing distant or distributed workforces and, extra lately, tech sector layoffs towards a recessionary financial backdrop.
Gigged.AI CEO and Co-founder Wealthy Wilson stated: “The ‘Nice Resignation’ has seen hundreds of thousands of individuals give up their jobs each month, as they depart to hunt extra flexibility and higher alternative. Once you have a look at Gen Z, nearly two out of three now have interaction in freelance work, and inside our personal expertise neighborhood on the platform we’re seeing round 70 per cent of individuals with second jobs.”
Wealthy Wilson added: “The businesses in our shopper base are experiencing these tendencies first-hand and now have a lot better visibility for what expertise they’ve in-house, and the place they should add expertise, or upskill it. We now have a best-of-class product, which is pioneering as now we have each an open and inside expertise market, the primary time the businesses we’re working with have had entry to this sort of twin platform.”
Paul Atkinson, a Companion with Par Fairness who can be a recruitment sector veteran who has overseen a number of exits within the sector, stated: “HR tech is a fast-growing phase, and what Wealthy, Craig and the staff have constructed when it comes to the expertise to assist sourcing, onboarding, and serving to to retain employees, in such a brief period of time is a outstanding achievement. We stay up for supporting the corporate on its journey to changing into one of many main gamers within the sector.”
The corporate plans to develop its staff over the subsequent twelve months, remotely along with its Glasgow and London hubs, and has numerous partnerships and contract wins within the pipeline this 12 months.
Gigged.AI was featured within the Startups 100 Index 2023, the UK’s longest-running index of the highest 100 most disruptive and progressive small companies, becoming a member of a Startups 100 alumni that features Monzo, Deliveroo, and HelloFresh.