# Gigster

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.gigster.com
- Total disclosed funding: $35M
- Latest round: Series B (May 15, 2017)
- Investors on record: 10

## About

Gigster Inc. is a software development company that specializes in delivering custom software solutions through an AI-driven platform, catering to diverse industries by streamlining development processes and ensuring quality outcomes.Gigster Inc. was founded in 2014 and operates out of San Francisco, US. The company engages in software development, offering services that include fully managed projects and dedicated teams. The firm was acquired by Ionic Partners in May 2021, enabling it to enhance its capabilities in delivering enterprise applications globally. The company was co-founded by Archie Holdway and is currently led by CEO Andy Tryba alongside other executives Christopher Keene, Mike Mills, Phil Fasano, and Rob Emrich. Gigster has completed five deals, with its most recent funding round being a Series B of USD 20.00 mn led by Redpoint Ventures, contributing to a total amount raised of USD 20.00 mn and a current company valuation of USD 96.27 mn.Gigster specializes in software development services tailored to meet unique client needs, utilizing an AI-driven platform. Their offerings include fully managed development projects, dedicated teams, and on-demand talent, addressing challenges in diverse sectors like eCommerce, healthcare, finance, and enterprise applications. Gigster has executed over 1,000 projects, leveraging a network of over 50,000 vetted developers, designers, and product experts to ensure high-quality results.Gigster operates under a structured revenue model where clients partner for software development projects via fixed-fee arrangements. These contracts are designed around project complexity and scope, ensuring clear pricing and deliverables. Their services attract a wide range of clients from startups to established enterprises looking to modernize their technology.Following its acquisition by Ionic Partners on May 26, 2021, Gigster aims to leverage this partnership to enhance its delivery of enterprise applications worldwide. The funding received from this acquisition will facilitate the development of new products and support expansion into new geographic markets, which are yet to be specified. This strategic direction is intended to unlock greater value in software delivery for their clients.

## Funding rounds

- Series B, May 15, 2017, $20M — Menlo Ventures, Redpoint Ventures, Andreessen Horowitz, Y Combinator, Sound Ventures
- Series A, Sep 30, 2015, $12M — Andreessen Horowitz, SV Angel, Y Combinator, Sound Ventures, LAUNCH
- Seed, Jun 1, 2015, $2.5M — Greylock Partners, Felicis Ventures, Y Combinator, Bloomberg Beta

## Investors

- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Seed
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A, Series B
- Bloomberg Beta (https://capitalatlas.ai/funds/bloomberg-beta) — Seed
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A, Series B
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Series A
- Sound Ventures (https://capitalatlas.ai/funds/sound-ventures) — Series A, Series B
- LAUNCH (https://capitalatlas.ai/funds/launch) — Series A
- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series B
- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series B