The Venture Codex Logo

The Venture Codex

Gigster

21750 Hardy Oak Blvd Suite 104, San Antonio, Texas, 78258, United States

Overview

Gigster combines teams of vetted freelancers with advanced project-management tools and AI to deliver guaranteed, fixed-price full‑stack and specialized tech projects (machine learning, vision, blockchain, modern mobile/web frameworks) to enterprises. Since its 2016 Series A, it has grown from three enterprise clients to more than 40, with project sizes up 10x and revenue up 3.5x to the double‑digit millions per year; revenue is up 2.5x year‑over‑year. The company works with over 1,000 freelancers sourced from top universities and major tech firms and reports 93% client satisfaction, 94% of projects within budget, and 96% of milestones hit on schedule. Gigster is pivoting toward enterprise work and exploring a SaaS component by packaging internal scoping and efficiency tools (Supervisor, Team Builder, PM Assistant, Code Librarian) alongside its freelance services. The startup plans to use new capital to build more SaaS tools, hire sales and fulfillment staff, and expand the team—planning roughly 120 new hires to triple its size. Founders Roger Dickey and Debo Olaosebikan emphasize combining freelance talent with automation to address enterprise talent shortages and improve delivery predictability. Gigster pairs a proposal-parsing AI engine with an army of vetted remote developers, designers, and project managers to turn client app ideas into fully functional MVPs. Its AI converts product proposals into development plans and helps developers plug in pre-made code blocks, while a sales engineer provides a price quote and schedule in about 10 minutes. The company manages the entire development process through delivery, accepting only about 5% of applicants and recruiting talent from institutions and companies such as MIT, Caltech, Google, and Stripe. Gigster launched roughly a year before the article and shifted from serving independent entrepreneurs to a growing enterprise client base. It had over 300 customers, more than 50 projects in the pipeline, and booked about $1 million in sales within two weeks of launch. The product focus is on delivering full-functional MVPs rather than perfectly polished UIs, and the company may offer follow-on design services as it scales. Gigster plans to build out its own AI platform using proceeds from the new financing. Gigster operates as a full-service development shop that takes client requirements, provides instant quotes, assembles teams of engineers and designers, and manages projects end-to-end with a single project manager and weekly status reports. Clients pay Gigster to build MVPs and finished products and can purchase ongoing maintenance or feature upgrades. The company vets talent tightly (accepting roughly 7.7% of applicants) and sources freelancers from top tech firms and elite schools. Gigster emphasizes rapid prototyping and project delivery, assigning more developers or replacing underperformers to hit deadlines. It specializes in engineering and functional UI but notes limitations on premium design work. Founders Roger Dickey and Debo Olaosebikan positioned the service as an alternative to marketplaces and enterprise consultancies, and the company offered discounted pricing at launch to build trust and attract customers.

Total raised
$33M
Funding rounds
3
Latest round
Series B
Latest activity
Aug 2017

Industries

  • Analytics
  • Apps
  • SaaS
  • Software
Visit website

Recent funding

  1. Series B

    Aug 2017

    $20M

  2. Series A

    Dec 2015

    $10M

  3. Equity

    Jul 2015

    $3M

Team

No current team members are available.