Shortlist Raises $1.5 Million to Improve Freelancer Management
Shortlist Founders: from left – Martin Konrad, Joey Frasier
Leading freelancer collaboration platform, Shortlist, announced Wednesday a $1.5 million seed funding round led by Impulse VC, FundersClub, Alchemist Accelerators, and angel investors, including Cisco’s VP of Innovation Maciej Kranz.
The company offers a platform and related services which allow corporates to use a single dashboard to view, organize, automate, and manage a large network of external talent.
The new round of funding will be used to enhance Shortlist’s payment and tax offerings, helping companies automate freelancer and vendor payment operations. Shortlist will also be looking to continue expanding its sales and marketing team at its San Francisco HQ.
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Shortlist automates the entire process of managing a large pool of contractors, freelancers, and vendors, from on-boarding new workers to organizing tasks and projects, services procurement, and payments and tax forms.
Shortlist has 15 employees and has raised a total of $2.3 million after completing the Alchemist Accelerator program, which focuses on B2B companies.
“Many companies are taking advantage of utilizing freelancers and contractors instead of hiring full-time employees, but few have the tools to manage such a large pool of workers effectively,” explained Martin Konrad, CEO of Shortlist.
“That, coupled with the confusion of worker classification, really highlights the need for a technological solution that automates freelance management from start to finish.”
Shortlist is currently free for companies with fewer than 100 users and 1,000 freelancers, and the paid version includes features such as payments and tax forms, RFP / RFx / eSourcing, single sign-on, analytics tools, and background checks.
