Braintrust
Company

Last deal

$100M

Amount

Initial Coin Offering

Stage

09.12.2021

Date

3

all rounds

$123.5M

Total amount

date founded

Financing round

General

About Company
Braintrust is a blockchain-powered freelancer marketplace that connects skilled tech experts with clients.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Braintrust

founded date

22.05.2018

Number of employees

Company Type

Non-profit

Last funding type

Initial Coin Offering

IPO status

Private

Description

Braintrust is a decentralized talent network that offers a user-controlled talent platform connecting technical and design talents with organizations. The platform provides an opportunity for enterprises to access highly skilled technical and design talent directly, without middlemen, saving them 40-70% in costs. Braintrust charges a flat 10% project fee, and talent keeps 100% of their revenue. The platform aims to disrupt traditional hiring methods by aligning incentives and redistributing value to talent and organizations. Braintrust has over 700,000+ community members, with knowledge workers and project contributors across the world. The platform is trusted by hundreds of Fortune 1000 global enterprises, including Nestlé, Porsche, Atlassian, Goldman Sachs, and Nike.
Contacts

Contact Email

Social url

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M&A Details
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Transaction name

Acquired by

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announced date

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Financials

Funding Rounds
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3

Number of Funding Rounds

$123.5M

Money Raised

Their latest funding was raised on 09.12.2021. Their latest investor Homebrew. Their latest round Initial Coin Offering

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Blockchange Ventures

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Co-Investors
Investors
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3

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Homebrew

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James Everingham

James Everingham

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People

Founders
3
Brian Flynn
Brian Flynn

Brian Flynn

Brian is a private investor and serial entrepreneur focused on the software, internet/digital media and mobile sectors. Brian co-founded and/or invested in 22 private companies. Of that group, 9 exited, 10 are independent and 3 were shut down. Some of his private investments include AdMovate (sold to Yahoo!), IMsecure (sold to Checkpoint), Pixoart Design (sold to 51.com), Ultris (sold to Saba), Fotolog (sold to Hi-Media), Qpod (sold to Groupon) and other companies which are independent (Relevad, Wheelhouse, Mixbook, Meltwater, iDentalSoft, Cleanshelf, Pinkoi, Chairish, Markable, CFOPlans). He is also an LP in Infinity Venture Partners, a Japan-China mobile Internet fund. Brian spends his philanthropic time mentoring early stage technology entrepreneurs in Ghana, Africa. He currently serves on the Board of the Meltwater Foundation which runs MEST (Meltwater Entrepreneurial School of Technology). Earlier in his career, Brian served as Head of Corporate Development at Macromedia where he managed strategy, investments and acquisitions and facilitated the sale of the company to Adobe for $3.9 billion. He also was an investment banker at Morgan Stanley & Co. and Robertson Stephens where he closed more than 40 mergers, acquisitions and financings. Specialties: Entrepreneurship, early stage investments, M&A, corporate development and strategy. Software, internet/digital media and mobile.

current job

Braintrust
Braintrust

count Of Investments

1

Brian Flynn

Gabriel Luna-Ostaseski
Gabriel Luna-Ostaseski

Gabriel Luna-Ostaseski

As a founder, operator, advisor and angel investor, Gabe has helped numerous companies launch, navigate growth and scale. Before starting Upshift, Gabe led Co-Founded CalFinder Group and bootstrapped sales to $20m in sales. Calfinder continues to be one of the fastest growing marketplaces in home services. Prior to Calfinder Gabe sold his first company at 21 years old. Gabe serves on the boards of Calfinder and Metta Institute. In addition to investing and helping founders scale sales he is also actively involved in incubating additional businesses.

current job

Braintrust
Braintrust

organization founded

2

Gabriel Luna-Ostaseski

Adam Jackson
Adam Jackson

Adam Jackson

Adam is a serial technology entrepreneur and investor that has spent his career creating and deploying capital into software systems that make complex tasks simple and intuitive. He's started 4 VC-backed companies and an asset management company over the last 16 years. Since August, 2017 he has served as Managing Partner & CTO of Cambrian Asset Management, a blockchain asset management company. He is also co-founder and CEO of Freelance Labs, Inc., the company building a new tokenized talent network called Braintrust which raised a $5m seed round in 2018. In 2012, he co-founded and served as CEO of Doctor On Demand, a healthcare service that provides Video Visits with board-certified physicians and psychologists. Doctor On Demand delivers services through employers, health systems, health plans, and directly to consumers and has raised $165M in VC. His previous business, DriverSide was founded in 2007 and was acquired by Advance Auto Parts in September of 2011. His first venture-backed business, MarketSquare, founded in 2004, was the first online local shopping destinations on the Internet. It was acquired by Intuit in September of 2006. He is an angel investor in 45+ companies/projects, including: LTSE, Seated, Bolt, Placer, Aktana, Skale Labs, Protocol Labs, JCTurbo, Apero Health, Rapportive, MyTime, Automatic, Womply, Superhuman and Zenefits.

current job

Braintrust Network
Braintrust Network

count Of Investments

7

count Of Exists

2

Adam Jackson

Employee Profiles
18
Ken Orvick

Ken Orvick

React & React Native Developer

Shirley Yang

Shirley Yang

VP of Community

Megan Conard

Megan Conard

Operations Manager

Todor Tashev

Todor Tashev

Investor

Mark Williams

Mark Williams

VP Infrastructure

Cory Johnson

Cory Johnson

Advisor

Anne Muscarella

Anne Muscarella

Chief of Staff

Diana Santos

Diana Santos

Founding Talent Member | Sr. UX Designer and Consultant

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