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Scottish Startup Gigged.AI Secures Six-figure Investment

Graham Turner

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gigged.ai investment
The Glasgow-based artificial intelligence firm has closed an investment round of £600,000.

Technology startup Gigged.AI is set to double its headcount from seven to 14 and expand its presence in the talent platform industry after closing an over-subscribed £600,000 investment round.

The Glasgow-based startup launched its platform back in July, seeking to help companies hire UK digital talent in a market that McKinsey estimates will total $2.7 trillion by 2025.

Funding came from early-stage venture capital firm, Techstart Ventures, as well a litany of angel investors that includes the co-founders of Aquila Insight; Edinburgh-based crypto startup, Zumo’s, co-founder Nick Jones and Grant Fraser – chief executive of Glasgow-based mobile marketing agency, Digitonic.

Last April Gigged.AI was awarded a grant from Innovate UK’s Sustainable Innovation Fund to further develop its technology.

Gigged.AI CEO, Rich Wilson, said: “Since our launch in July 2021, the response to our product has surpassed our expectations and confirmed there is a substantial market for our proposition at a time when how we work is changing.

“Techstart and our other prominent investors are the ideal partners to help us scale to reach a much wider audience and further develop our offering to position us at the forefront of the global talent platform industry.”


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The investment money – as well as being used to increase headcount – will be used to develop Gigged.AI’s technology for future product launches, one of which will be an internal talent marketplace

Calum Forsyth, Investor at Techstart Ventures, stated: “We are delighted to back Gigged.AI and join them on their journey to revolutionise how organisations engage with top-tier freelancers.”


Join the Conversation: Digital Transformation 2021 Summit

The impact of digital disruption will be a key theme at the upcoming Digital Transformation Summit on 28th October.

Now in its sixth year, the Summit has established itself as Scotland’s largest annual conference focussed on digitalisation and organisational change.

For more information on how to register a free place visit: www.digifutures.co.uk

Graham Turner

Sub Editor

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