Technologies Secures $35M Investment to Capitalize on Market Growth

Funding Rounds

Summary

Im most excited to see organizations lean into the freelance economy for work that would previously have been reserved for slower, more expensive, and less agile alternatives. This helps businesses deliver on their strategic initiatives much faster, and it opens opportunities for the worlds best talent to make more money as freelancers.Catalant isnt alone in the growing freelance economy. Upwork and Fiverr, both publicly-traded freelancer marketplaces, saw earnings beat expectations in late 2020 on the strength of high demand. Catalant directly solves this issue by allowing companies to flexibly tap into the people they need exactly when they need them, without overpaying for big, inflexible consulting solutions while simultaneously enabling individuals to take more control over their careers.Catalant customers include more than 35% of the Fortune 1000 and seven of the top 10 private equity firms by assets under management. With more than 70,000 experts and 1,000 firms in the marketplace, customers have access to a diverse selection of top-tier consultants available for hire.Catalant helps companies get from strategy to execution faster by getting the right people on the right work at the right time.

$ Funding

$
Amount - Total raised
Date - Announcement date
Investors New Venture Competition, Upwork, Fiverr Lead investors
Company - Funded company

Classifications

industries
No industries detected
applications
Accounting and Taxes

AskAI Classifications

Labels
No AI classifications detected

Linked Companies

Prawirasoft
up to $1M