Contra.Work

InternetSeries BSan Francisco, UScontra.com

Latest round

Series B

Last raised

Nov 2021

Total raised

$44M

Investors

4

About Contra.Work

Work, Inc. is a US-based company that develops an innovative freelance network.Work, Inc. operates from San Francisco, US, offering a platform designed for freelancers and clients. The company was co-founded by Gajus Kuizinas, Jillian Crandall, and Rohan Kapur.Contra’s core offerings revolve around a commission-free freelance network that facilitates connections between independent creatives and clients. Their platform is designed to streamline the hiring process for designers, developers, content creators, and marketers. By providing a marketplace that allows independent professionals to showcase their portfolios, Contra addresses challenges in talent discovery and project management in the gig economy. The service enables clients to hire freelancers directly, facilitating contract signing, invoicing, and payment processing without platform fees.Contra generates revenue by charging clients for accessing features that facilitate project management and freelance hiring. The revenue structure is based on subscription models for businesses needing additional tools, alongside commission-free transactions between freelancers and clients. Clients can engage freelancers on a project basis or through ongoing agreements, with Contra enabling seamless invoicing and payment processes. Specific pricing plans are available for enhanced functionalities, ensuring that both freelancers and clients benefit from a straightforward payment system.Work, Inc. plans to use the capital for internal hiring and further product innovation. The company is focused on launching new products aimed at enhancing the user experience and expanding its market presence. Plans include targeting new geographic regions for growth, although specific markets were not detailed. These initiatives reflect Contra's commitment to developing its platform while responding to the evolving needs of freelancers and clients.

Who invested in Contra.Work

4 investors across 2 rounds

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Funding rounds

  1. Series B

    Nov 2, 2021

    Amount

    $30M

    Investors

    Locked

  2. Series A

    Feb 2, 2021

    Amount

    $14M

    Investors

    Locked

Questions about Contra.Work

Who invested in Contra.Work?

Contra.Work has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Contra.Work raised?

Contra.Work has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Contra.Work last raise money?

Contra.Work's most recent round on record is a Series B, in Nov 2021.

What does Contra.Work do?

Contra.Work is a internet company.

Where is Contra.Work headquartered?

Contra.Work is headquartered in San Francisco, US.

Which VCs invest in companies like Contra.Work?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Contra.Work's stage. Their profiles are linked below.

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