Distributed - London Based AI Talent Acquisition Network

Distributed raises £5million investment from London VC Guinness Asset Management.

22:31 06 May 2021

Distributed, the London-based tech talent resourcing platform, has successfully secured £5million in a Series A funding led by Guinness Asset Management. The firm also received additional funding from other high-profile industry leaders and its Seed investor, Fuel Ventures. 

 

The company provides a platform that allows clients to work with fully managed, globally distributed teams so they can easily and cost-effectively build and maintain software to a higher standard faster, safer and with more visibility. 

 

Callum Adamson, CEO, and Co-founder of Distributed says: “The workforce of the future is on-demand, adaptive, and independent. Distributed is here to enable those independent careers with more benefits than permanent employment, and to ensure that our customers can access high-quality, motivated talent effortlessly with our enabling technology. This will see businesses building with smaller, more specialised core teams, supported by an Elastic Teams™️ of experts that can be deployed to tackle any software goal in support of our customer’s missions.” 

 

“This funding round helps us to continue to rebuild work and re-tell its story. It represents a better way to build for our customers and a brighter future for those pursuing independent careers in the tech industry. I could not be more grateful for the trust and support our customers and Elastic Team™ have shown us over the past couple of years and we are very excited to continue this journey together.”

 

Ashley Abrahams, Fund Manager at Guinness Asset Management, adds: “Guinness is very happy to be supporting Distributed during this time of industry disruption. The pandemic has made the future of work a reality and startups like Distributed are supporting the significant transformation and re-organisation that many businesses are undertaking. We are excited to support the Distributed team as they work to give businesses access to the world’s best talent at an affordable price, all whilst giving freelancers access to more interesting work and the opportunity to build better careers.”