# Malt Community

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/malt-community

- Industry: Internet
- Headquarters: Paris, France
- Website: www.malt.com
- Total disclosed funding: $173M
- Latest round: Series D (Sep 2, 2022)
- Investors on record: 7

## About

Based in France, Malt Community GmbH operates a freelancer marketplace designed to connect businesses with independent professionals in sectors like technology, design, and marketing, facilitating efficient hiring and project management.Malt Community GmbH is a freelancer marketplace that connects companies with independent professionals. Founded in 2013 in Paris, France, the company has made 8 deals, with the most recent occurring on September 2, 2022. The latest funding round was a Series D, raising EUR 59.982 mn from Bpifrance Investissement, Eurazeo, and Goldman Sachs Merchant Banking Division, bringing the total amount raised to EUR 59.982 mn and the company valuation to EUR 597.357 mn. The founders of Malt include Abhinav Shandilya, Hugo Lassiège, Jivitesh Jadwani, and Vincent Huguet, with Christoph Hardt and Mohammad Reza currently serving as CEOs.Malt operates a dynamic freelancer marketplace that connects businesses with independent professionals across various sectors, including technology, design, and marketing. The platform facilitates the hiring process by allowing companies to post projects, review freelancer profiles, and streamline the selection process, addressing the demand for skilled labor in a flexible, efficient manner. Launched to cater to the growing gig economy, Malt aims to simplify the engagement of freelancers for both short-term projects and long-term collaborations. The company serves a diverse clientele, including startups, SMEs, and large enterprises, primarily in markets across Europe, particularly in France, Germany, and Spain. By providing a user-friendly interface and robust management tools, Malt enables businesses to efficiently manage their freelancer partnerships and optimize their project outcomes.Malt derives its revenue through a transactional model that includes service fees charged to businesses for using the platform to hire freelancers. The pricing structure consists of a percentage fee taken from the total contract value between the client and the freelancer, which incentivizes both parties to negotiate fair rates while maintaining transparency in the transaction process. The company's offerings also encompass premium features, which may include enhanced visibility for freelancers and additional project management tools for businesses that subscribe to higher-tier service plans. This model reflects a direct-to-client approach, reinforcing the platform's commitment to fostering a symbiotic relationship between freelancers and businesses seeking their services. Overall, Malt's revenue generation strategy positions it effectively within the growing freelance economy while catering to the evolving needs of its diverse user base.In September 2022, Malt Community GmbH raised EUR 60 million in Series D funding, with plans to use the capital to acquire another business. The company aims to enhance its service offerings and expand its market presence, particularly targeting new geographic regions in Europe and beyond. Specific upcoming products and features are under development to better serve its user base, although exact release dates have yet to be disclosed.

## Funding rounds

- Series D, Sep 2, 2022, $60M — Eurazeo, Goldman Sachs Asset Management, Bpifrance Investissement
- Series D, May 31, 2021, $85M — Eurazeo, Goldman Sachs Asset Management
- Series C, Apr 5, 2019, $20M — Idinvest Partners, Serena, ISAI
- Series B, Feb 3, 2017, $5.4M — Serena, ISAI
- Series A, Jul 6, 2015, $1.7M — ISAI
- Seed, Jul 8, 2014, $0.5M — Kerala Ventures

## Investors

- Kerala Ventures (https://capitalatlas.ai/funds/kerala-ventures) — Seed
- ISAI (https://capitalatlas.ai/funds/isai) — Series A, Series B, Series C
- Serena (https://capitalatlas.ai/funds/serena) — Series B, Series C
- Idinvest Partners (https://capitalatlas.ai/funds/idinvest-partners) — Series C
- Eurazeo (https://capitalatlas.ai/funds/eurazeo) — Series D
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series D
- Bpifrance Investissement (https://capitalatlas.ai/funds/bpifrance-investissement) — Series D