fivesquid.com Closes $500K Funding Round

fivesquidfivesquid.com, a London, UK-based marketplace that allows people to buy and sell micro services, closed a $500k funding round.

The backers remained undisclosed.

The company intends to use the funds to develop software.

Led by Terry Koutsios, CEO and founder, fivesquid.com is an online marketplace for individuals and businesses to trade skills and services. On the platform, people sell services from logo designs to video editing to writing services to online marketing consultations. The marketplace allows people to choose between 4 price categories to list their services (£5, £10, £20, £50), which is accessible for startup businesses looking to save costs on resources.

Launched in 2011, fivesquid.com has members in over 150 countries.

FinSMEs

07/01/2015

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