Gigged.AI, a Glasgow-based company specializing in AI-powered recruitment software, has secured £1.6 million in seed funding, with Par Equity leading the investment round. The funding will be used to support the development and growth of the company’s software, which uses AI to match technology professionals with suitable job opportunities and provides an overview of a business’s current talent capabilities to optimize hiring decisions.
“The ‘Great Resignation’ has resulted in millions of people leaving their jobs each month in search of greater flexibility and better opportunities,” said Rich Wilson, CEO and co-founder of Gigged.AI. He added, “When we look at Gen Z, we see that nearly two out of three are now engaging in freelance work, and within our own talent community on the platform, we see around 70% of people have second jobs.”
The funding, led by Par Equity and joined by Techstart Ventures, Nile HQ, John Brodie, Nick Jones, Stewart Siegal, Grant Fraser, Mark Robinson, and Warwick Beresford-Jones, will be used to expand the team, both remotely and in the Glasgow and London offices.
Gigged.AI, founded by Wilson and CTO Craig Short in 2021, uses AI to match technology professionals with suitable job opportunities and provides an overview of a business’s current talent capabilities to optimize hiring decisions. The platform is already being used by companies like the BBC, Skyscanner, and the University of Edinburgh.
© TEXT: FoundersToday