Bubty Secures $3.3 Million in Seed Round

by Kay Aloha Villamor in November 19th, 2024

Bubty, a Hague, Netherlands-based company that offers a freelance management system, has secured an additional $3.3 million in seed funding. 

Investors 

The additional funding comes from its existing investors. 

Bubty Use of Funds 

The company will use the fresh funding to scale its newest solution, Bubty Services, globally and accelerate its mission to provide compliant, scalable freelance solutions worldwide. 

About Bubty 

Founded in 2020 by Lee Willoughby and Benjamin Schriel, Bubty provides a freelance management system that enables companies to manage their internal private pools of freelancers. With Bubty, businesses can control the entire lifecycle of freelancer engagements—from hiring and contracting to payment and compliance—all within a centralized platform. Bubty ensures compliance with global labor laws and regulations, reducing legal risks and administrative burdens for companies operating in over 190 countries. 

Funding Details 

Company: Bubty B.V. 

Raised: $3.3M 

Round: Seed Round 

Funding Date: November 2024 

Investors: Existing Investors 

Company Website: https://bubty.com/  

Software Category: Workforce Software 

Source: https://news.pressmailings.com/mediaservice/bubty-raises-33-million-to-scale-its-solution-for-global-freelancer-misclassification 

 


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