Distributed
Office 162, 372 Old Street, London, EC1V 9AU, United Kingdom
Overview
Distributed is a London, UK-based platform that supplies on-demand, fully managed, globally distributed software teams. Led by CEO Callum Adamson, the company deploys full-time project managers, technical leads and quality assurance professionals on every client project. Its Elastic Teams let clients scale team activity up and down and compose teams across programming skill sets. The company intends to use the new funds to improve the workforce experience and extend the international reach of its Elastic Team offering. The fundraise caps a year of rapid growth underpinned by a £30m partnership with BT and the acquisition of core IP that will accelerate product development by approximately six months. Clients include Capita, WPP and the Ministry of Justice. To date Distributed has secured £17m in total investment, including a £5m Series A in May 2021 and the recent £8m raise. Distributed is a London, UK-based tech-enabled startup that provides Elastic Teams™ — fully managed, globally distributed teams — to build and maintain software without in‑residence development teams. Led by CEO and co‑founder Callum Adamson, the company offers on‑demand software talent and platform features for enterprises. Distributed announced a partnership with Capita plc in 2020, which accelerated adoption of its Elastic Teams™ across Capita’s enterprise customers. The company raised a £5M Series A and intends to use the funds to scale operations and platform capabilities. Total funding to date after the round exceeds £9M. No operating metrics were disclosed in the article. Distributed is a London-based, AI-powered tech talent resourcing platform founded in 2017 by Callum Adamson and Sam Rowlands. Its core product is a machine-learning platform that connects companies to global talent and provides a dashboard with personalized support, shared screens, chat, video calling and direct integration with internal systems. The platform pairs those tools with data sets connected to global talent and assigns a dedicated project manager to ensure access and outcomes. The company intends to use the new seed capital to scale both its technology and UK headcount. Distributed serves approximately 50 customers, including Mastercard, Sytner Group, Heron AI, REISS and RBS, and reports revenues in excess of £1 million. It recently completed a £1.5M seed raise from Fuel Ventures, bringing total initial funding to £1.65M.
- Total raised
- $19M
- Funding rounds
- 3
- Latest round
- Equity
- Latest activity
- Jun 2022
Industries
- Internet
- Mobile
- Software
- Software Engineering
- Web Development
Recent funding
Equity
Jun 2022
$10M
Series A
May 2021
$7M
Seed
Feb 2019
$2M