fivesquid.com is an online marketplace where individuals and businesses buy and sell micro services. Sellers on the platform offer services ranging from logo design and video editing to writing and online marketing consultations. The marketplace uses four fixed price tiers for listings: £5, £10, £20 and £50, making it accessible for startups seeking cost-effective resources. Launched in 2011, the site reports members in over 150 countries. Led by CEO and founder Terry Koutsios, the company closed a $500K funding round and intends to use the proceeds to develop software. The backers of the round remained undisclosed.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2015