Passionfruit, a London, UK-based provider of a platform that allows businesses to collaborate with independent workers, raised $9M in Series A funding.
The round was led by Seaya, with participation from existing investors Firstminute Capital, Playfair Capital, Cornerstone and Portfolio Ventures.
The company intends to use the funds to continue developing products, expand further into North America, as well as adding focus on software for businesses to track progress in real time across their entire growth planning, execution & reporting cycles.
Led by Raffi Salama, Co-Founder and CEO, Passionfruit provides an AI-powered platform that simplifies a company’s ability to discover, arrange and engage vetted independent talent, initially in Marketing, while also providing on-project collaboration tooling, empowering all parties to plan, implement and report on entire work-streams within a single system.
The company caters to a diverse community of mid-sized and Fortune 500 businesses across North America, the UK and Europe, supporting the needs of brands worldwide, including PepsiCo, Mars, ABinBev, HSBC and The Match Group.
FinSMEs
26/07/2024