Passionfruit raises £7m in a Series A round led by Seaya to scale its independent workforce platform.
Seaya led the Series A investment to help the workforce platform expand its product suite and grow in North America.
Passionfruit operates an artificial intelligence platform that connects organisations with vetted independent professionals for project collaboration. The company currently focuses on marketing talent while offering workflow tooling for modern teams.
London-based workforce platform Passionfruit has secured £7m in a Series A funding round to scale its operations and product offering. The investment was led by Seaya, with additional participation coming from Firstminute Capital, Playfair Capital, Cornerstone, and Portfolio Ventures.
The fresh capital will be deployed to support product development and drive further expansion into the North American market. The company aims to make modern flexible talent more accessible to corporate brands seeking efficient alternatives to traditional agency models.
From the founder
"We started our business because we believed that the next generation deserved a new way to operate their professional lives, and we realised that if we could reimagine career infrastructure end-to-end for the 21st century, businesses would also be enabled to operate in a more agile way, one that drives more efficient growth."
Raffi Salama
Co-Founder and CEO at Passionfruit
Use of funds
- 01Continue product development
- 02Expand into international markets
Investors
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About the company
Passionfruit
Passionfruit connects businesses with vetted independent talent through an intelligent collaboration platform.