Bubty, a Hague, Netherlands-based platform for managing flexible workforces, has secured $1.9 million (approximately €1.73 million) in a seed round of funding.
Bubty Use of Funds
The raised capital will support Bubty's US expansion, hiring senior sales and marketing professionals, and advancing technology.
The company aims to reshape the freelancer market by enabling companies and agencies to create and manage pre-vetted talent pools.
About Bubty
Founded in 2019 by Benjamin Schriel and Lee Willoughby, Bubty has developed an AI technology that allows companies to create internal talent pools, empowering them to manage freelancers autonomously, enhance brand control and work quality, and save time and costs. The platform's payment system, compliant with international regulations, facilitates hiring, contracting, and payment processes for freelancers in over 190 countries.
Funding Details
Company: Bubty B.V.
Raised: $1.9M
Round: Seed Round
Funding Month: December 2023
Lead Investors: Undisclosed
Additional Investors:
Company Website: https://bubty.com/
Software Category: Workforce Software
Source: https://siliconcanals.com/crowdfunding/bubty-secures-1-7m/