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Startups

Filipino Startup Plays Matchmaker, Scores Millions in Funding

Osama Khalid
Last updated: February 12, 2024 1:52 pm
Osama Khalid
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2 Min Read
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Cupid’s arrow has struck Swarm, who matches founders and freelance developers.

Contents
How Swarm WorksWho Invested in Swarm?What Swarm Aims to Achieve?Why Swarm is Different

Swarm, the invite-only network making these steamy dev love connections, just reeled in $1.1 million in funding (cha-ching in pesos!).

How Swarm Works

Swarm bills itself as a space for “ideating, strategizing, and forming freelance teams” around startup projects. Ooh la la! So how does Swarm spark this freelance flame?

Through community clout and reputation! Members can land gigs when endorsed by others staking their reps. According to Swarm, over 80% of their hired cupids boast experience at Y Combinator and Fortune 500s. Impressive!

Who Invested in Swarm?

The pre-seed round was led by honeymooners Hustle Fund and Plug and Play. Also feeling the love were angel investors like Paulo Campos of Kaya Founders. Congrats, lovebirds!

What Swarm Aims to Achieve?

Swarm says they’re now the #1 matchmaker platform for senior AI, software, and design consultants. And they aim to transform work by fostering collaboration and trust. Aww, young startup love!

“We are excited to embark on this journey with the support of Hustle Fund, Plug and Play, and everyone who joined this round,” said Swarm co-founder/CEO Dexter Ligot-Gordon.

Ligot himself is a real matchmaking OG, having co-founded Kalibrr, the first Southeast Asian startup in Y Combinator. Will his Cupid skills bring swarming success?

Why Swarm is Different

“Swarm is taking a novel approach to scaling warm referrals by building a community of trust,” said Hustle Fund. Ooh la la!

Okay, enough cheeky puns. Bottom line – Swarm’s got momentum and money to ignite more startup-freelancer sparks. Can’t wait to see their future matches!

TAGGED:div5

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