Teachers are increasingly turning to freelancers to find the perfect personnel for their classrooms. To help them manage these freelancers more efficiently, Bubty, a staff recruitment and management platform, has announced a seed round of funding of $1.9 million (approximately €1.73 million). This new investment will enable the company to expand its operations to the United States and develop its technology.
Bubty was founded by best friends Benjamin Schriel and Lee Willoughby in 2019 with the goal of reshaping the freelance market. The platform is powered by Artificial Intelligence (AI) technology that allows companies to easily create an internal talent pool. This technology makes it easier for companies to manage freelancers autonomously, giving them better control over their brand and work quality, as well as saving time and costs. On top of this, the platform also offers a payment system that is compliant with international regulations, streamlining the hiring, contracting, and payment process for freelancers in over 190 countries.
Speaking about the platform, Co-founder of Bubty, Benjamin Schriel, said: “Our AI-driven matching ensures that the right freelancer can quickly be found, which is essential in a market that increasingly requires flexibility.”
Lee Willoughby, Co-founder of Bubty, added: “There’s an ongoing trend towards decentralization in the labour market. Almost half of the global workforce consists of freelancers (47 per cent), leading to a growing demand for efficient freelance management. Our technology to create private freelancer talent pools offers a fitting solution.”
The investment comes from existing shareholders and a well-known American industry player, showing their confidence in the platform’s future. This new funding will enable Bubty to hire senior sales and marketing executives and further its international expansion.
For teachers looking to hire the perfect personnel for their classrooms, Bubty provides an efficient and cost-effective way to manage freelancers. With this new round of funding, the platform is set to become an even more powerful tool for teachers across the globe.
