Lystable, a London, UK-based startup for companies to connect with freelancers, businesses and services, secured $1.5m in funding.
The round was led by Valar Ventures, the US-based venture fund backed by Peter Thiel with participation from Backed, Playfair Capital, Mark Evans, Richard Fearn, Guy Podjarny, Courtney Grant and Leila Rastegar Zegna.
The company, which has raised $2m in total, intends to use the funds to activate its growth plans and add to the product team.
Founded in November 2014 by ex-Google designer Peter Johnston, Lystable is a platform for enterprises to search, manage and evaluate external parties including freelancers, businesses and service.
The platform launched in February 2015 after graduating from the Techstars London accelerators program.
Lystable has eight employees based in Clerkenwell in London.