Knife Capital leads Outsized funding round
Outsized, an on-demand talent platform, has announced the completion of its Series A funding round. Led by South African venture capital firm Knife Capital, the round also includes investment from several private investors including Adrian Durham, founder of the global wealth management platform FNZ Group.
Through its AI-powered platform, Outsized offers enterprises access to a curated network of 25,000 professionals in markets such as Asia-Pacific, Africa, and the Middle East.
”As a young firm, we’re already a key partner to a large number of management consulting firms and major enterprises. This funding is a game-changer, paving the way for new, innovative solutions for our clients and talent,” said Niclas Thelander, founder and CMO of Outsized.
“We are extremely excited to spearhead this investment round,” said Keet van Zyl, co-founding partner at Knife Capital. “What really struck us about Outsized is the positive and growing unit economics and the fact that they have consistently achieved previous forecasts. The team has clearly demonstrated that they can execute and do justice to the scale of the opportunity. Most of the future growth in the global freelance platform market will come from the very geographies and segments of the market where Outsized is already a leader, so the business is well poised.”
”The integration of AI technology into Outsized’s product offerings and core operations is already underway, enhancing the user experience for both clients and talent,” said Outsized’s CEO, Johann van Niekerk. ”Our core values – passion, integrity, and accountability – aren’t just buzzwords; they guide our team and client interactions. We’re committed to creating a fair, sustainable talent market in high-growth economies. This investment validates our vision and marks the start of a very exciting future,” he added.
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