Gigster Raises $10 Mln In Series A Funding

Gigster, the on-demand software development and design provider founded by Roger Dickey and Debo Olaosebikan, has raised $10 million Series A funding round led by Andreessen Horowitz with participation from Y Combinator Continuity Fund I, Ron Conway of SV Angel, Ashton Kutcher of Sound Ventures and Jason Calacanis of Launch Fund, the company said in a press release.

The financing round comes at a critical juncture in Gigster’s life cycle. The investment in its core technology and market position is crucial for it to become what it intends to – the world's engineering department.

"Software development that requires continuous recruiting and months of development time writing code from scratch is slow and costly, and not necessarily a consistent internal need of all startups or large enterprises," said Roger Dickey, CEO of Gigster. "Hiring talented engineers is hard - so don't. Instead, let Gigster be your engineering department."

The company offers on-demand software development and design for enterprises and startups of all sizes. Every project it works on feeds back into a central brain that uses artificial intelligence (AI) and machine learning to optimize efficiency that results in shorter project turnaround times as well as lower costs for customers.

Business Insider explains how Gigster works: a customer writes what the business app is expected to do; Gigster analyzes the request, determines the best team for the job - including programmers, product managers, and designers - and gives the customer a flat quote with a guaranteed price.

“With Gigster, customers can click a button, chat with a product manager, get a fixed-price quote, and hire a top-tier development team within minutes. Working with Gigster is a seamless experience that grants access to engineering talent that is otherwise very difficult to reach and can consume an enormous amount of an organization's resources”, according to the press release.