Freelance marketplace Revolancer set up by former Birchwood High School and Hockerill Anglo-European College student nets £150,000 pre-seed funding
A freelance marketplace has secured £150,000 in pre-seed funding to grow and scale its online platform.
Revolancer, which was founded by former Birchwood High School and Hockerill Anglo-European College student Karl Swanepoel earlier this year, matches freelancers with start-ups seeking digital services.
The six-figure funding has been led by London-based venture capital firm SFC Capital. Also investing is Edward Falzon, the former head of Europe for Morgan Stanley, who will be working closely with the team as a strategic advisor alongside founding CMO of Just Eat, Mat Braddy, and founder of Alpacr, Dan Swygart.
Having completed successful tests with sample users, the Revolancer Marketplace is now live and has already seen a number of businesses work with freelance talent through the platform. It is hoped the new funding will kick-start its growth and attract a wider cohort of corporate and freelancer users.
"As a young entrepreneur myself, I know how difficult it can be to start from scratch," said Swanepoel. "I hope Revolancer will break down those barriers for others by offering a trusted platform to find freelance work and build a skills portfolio that helps their business to grow naturally.
"Given the flexible working revolution we've seen since the first Covid-19 lockdown, the ability to work and hire remotely is more in demand than ever, so it’s a hugely relevant and exciting domain to be part of.
“We believe this is the future. We do the leg work for our clients, with quality vetting and payment protection in our hands as well as facilitating the employment process on our platform, so we’re hoping this will be well adopted and transform the freelancing space.
“Our in-house tech provisions already keep turnaround times and expenses low, so we feel we can really hit the ground running with this investment. The team is over the moon and we’re looking forward to seeing where it will take us next.”