Ayodeji Ayenuwa
Outsized, an innovative platform that connects talented individuals with jobs, has successfully concluded its Series A funding round.
This achievement was made possible with the leadership of the South African venture capital firm, Knife Capital, accompanied by private investors, including Adrian Durham, the founder of FNZ Group.
The Impact of This Development
The influx of investment capital empowers Outsized to reinforce its position as a key player in the fast-growing markets of Asia-Pacific, Africa, and the Middle East, specifically in the $5 billion freelance platform sector.
As the Founder and CMO of Outsized, Niclas Thelander, aptly put it, “This funding is a game-changer, paving the way for new, innovative solutions for our clients and talent.”
Notably, Outsized’s platform links companies with a carefully selected group of 25,000 skilled, independent professionals.
This marks an important change from the usual talent platforms in these new markets, which mainly focus on short-term, simple jobs.
Ever since it started as a test project in 2016, Outsized has shown impressive growth every year, becoming an important partner for numerous management consulting firms and major enterprises.
As Niclas Thelander noted, “We’re already a key partner to a large number of management consulting firms and major enterprises.” The Series A funding now positions Outsized for more significant growth in these dynamic markets.
Knife Capital’s decision to invest in Outsized clearly shows that the platform’s business model is strong and reliable, and they consistently meet their financial predictions.
Keet van Zyl, the Co-Founding Partner at Knife Capital, highlights their confidence, saying, “The team has clearly demonstrated that they can execute and do justice to the scale of the opportunity.”
This strategic investment positions Outsized to capitalize on the future growth within the global freelance platform market, primarily in the markets where it already leads.
Outsized is determined to help create a fair and sustainable job market in growing economies, ensuring it benefits everyone.
Techrectory with Agency Report.
