Outdefine Raises $2.5M in Funding

Outdefine

Outdefine, a San Francisco, CA-based decentralised talent community company, raised $2.5M in funding.

The round was led by TCG Crypto and Jump Crypto, with participation from Big Brain Holdings, Formless Capital, Blocore, and Mask Eco Fund.

The company intends to use the funds to develop the token and expand the web3 talent community.

Led by CEO Romil Verma, Outdefine is building a token-backed hiring marketplace on the Solana blockchain. Here, talent directly negotiates the scope and compensation of their jobs and receives token rewards. Talent earns its crypto token for referring friends, finding work, and contributing to the community. With its capability to offer rewards, incentivize network activity, and promote transparency, the token helps hiring companies, talent, and the marketplace form a fair partnership.

Verma formerly co-founded a venture-backed company and worked as an engineer at Google (NYSE: GOOG). He began his blockchain career at Stanford in 2014. Verma has partnered with Co-Founder and CRO Sanjay Verma, who served as CXO for several public engineering services companies over the last decade. He has led such companies through growth, mergers, and geographical expansion while managing 25,000 people globally.

FinSMEs

12/12/2022