London freelancer platform raises £500k in crowdfunding

A London startup has hit its £500k crowdfunding target to help freelancers find work.

UnderPinned provides freelancers with a career management platform, covering everything from building a portfolio and creating contracts to automating invoices and payments.

The company exceeded its £500k target in three weeks after receiving investment from 232 backers on Crowdcube.

Albert Azis-Clauson, chief executive and co-founder of UnderPinned, commented: “Our mission is to help freelancers find work, manage work and get paid, while building a sustainable and fulfilling career.

“The UK’s freelance population is growing fast and at the moment, there are a lack of services available to support people with this career choice. We’re here to change that.

“The growth of the UnderPinned community over the past year has demonstrated that there is a real appetite for this amongst freelancers and at the moment we are committed to doing everything we can to help this crucial workforce weather the current storm.”

Nicholas Nicolaides from Symvan Capital, who invested in UnderPinned, added: “We have backed UnderPinned from an early stage – the founders, Albert and Jack, have worked hard to provide a much-needed solution to communities in the freelance market.

“We are impressed with the speed of execution and their focus on the needs of the market.”