# Dstbtd

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dstbtd

- Industry: Outsourcing
- Headquarters: UK
- Website: www.distributed.com
- Total disclosed funding: $9.1M
- Latest round: Series A (Mar 30, 2021)
- Investors on record: 2

## About

Based in London, UK, Distributed offers innovative software development solutions through its Talent Cloud model, streamlining project delivery by assembling specialized teams of elite tech professionals.Founded in 2017 in the UK, Distributed specializes in innovative software development. The company has not undergone any major strategic pivots. The founder and CEO, Callum Adamson, has a background in technology and entrepreneurship. As of March 2022, Distributed raised GBP 8.34 million in a funding round led by Downing Ventures and participated by Guinness Global Investors and Fuel Ventures, totaling GBP 8.34 million in funding raised, with a current valuation of GBP 58.135 million.Distributed specializes in providing innovative software development solutions through its unique Talent Cloud model, which optimizes project delivery. Its core service, Elastic Teams™, assembles dedicated groups of elite tech professionals to tackle specific software challenges. This approach allows clients to dictate how and when talent is utilized, ensuring flexibility and efficiency. Distributed caters to various industries undergoing digital transformation, enhancing productivity and reducing project risks while serving more than 75 clients globally across North America, Europe, and parts of Asia.Revenue generation for Distributed is primarily achieved through client partnerships and project engagements that leverage its Talent Cloud offerings. Clients engage on a project basis for custom software solutions, receiving tailored teams composed of vetted technical experts. Each project has a defined scope and pricing model reflecting its complexity and duration, ensuring high-value outcomes and project transparency throughout the delivery process.Following its most recent funding round in March 2022, where Dstbtd Ltd. raised GBP 8.34 million, the company plans to expand its team and growth efforts. Future initiatives include the launch of new software products aimed at enhancing the Talent Cloud service, alongside targeted expansion into additional markets in Europe and Asia by 2023. The recent funding will directly support these initiatives, facilitating the scaling of operations and capabilities.

## Funding rounds

- Series A, Mar 30, 2021, $5.5M — Fuel Ventures, Guinness Global Investors
- Seed, Mar 27, 2020, $1.7M — Fuel Ventures
- Seed, Jan 14, 2019, $1.9M — Fuel Ventures

## Investors

- Fuel Ventures (https://capitalatlas.ai/funds/fuel-ventures) — Seed, Series A
- Guinness Global Investors (https://capitalatlas.ai/funds/guinness-global-investors) — Series A