Passionfruit Raises £7M to Scale Freelancer Collaboration Platform
Passionfruit recently closed a $9m Series A funding round led by Seaya Ventures, with participation from firstminute Capital, Playfair Capital, Cornerstone, and Portfolio Ventures. This funding is intended to scale the platform for independent work and empower businesses to collaborate more effectively with freelance workers. Passionfruit's mission is to make the full potential of the modern workforce more accessible to brands around the world.
Founded on the belief that freelancers and companies are seeking more efficient and direct ways to work together, Passionfruit offers an AI-powered platform that simplifies the process of discovering, engaging, and collaborating with vetted independent talent.
Traditionally, accessing support from large agencies has been too costly for most businesses, resulting in stretched internal teams and missed growth targets. Passionfruit aims to address these challenges by providing businesses with a one-stop solution for securing specialized talent at affordable rates.
This recent investment round will enable Passionfruit to continue developing its platform, expand into North America, and enhance software tools for businesses to track progress on growth planning and execution. Co-founder Raffi Salama emphasized the importance of reimagining career infrastructure for the 21st century and enabling businesses to operate more effectively. The team at Passionfruit is dedicated to building an operating system that facilitates efficient collaboration between independent workers and businesses.
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