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Passionfruit raises $3.6m in seed funding for Gen Z freelancer platform

Passionfruit raises $3.6m in seed funding for Gen Z freelancer platform

Excerpt from sifted.eu

Gen Z freelancer platform Passionfruit has closed a seed round of $3.6m, in a round co-led by firstminute capital and Playfair, with participation from FJ Labs and Portfolio Ventures. It brings the total raised by the firm to $4.3m, after a $700k round last December. 

The scout networks of Atomico, Accel and Notion and early executives and founders from Airbnb, Deliveroo, Turo, Trouva, Workday and Stripe also participated. 

What does Passionfruit do?

Passionfruit is a platform matching freelancers with startups and scaleups. Initially, it’s focusing on helping marketing specialists find freelance gigs, but hopes to roll the platform out to adjacent careers — such as product managers, management consultants and financial consultants — in the future.  

In addition to job matching, Passionfruit provides financial tools for freelancers. It offers them an overview of earnings made via the platform and eventually hopes to “build out a full suite of financial software”, says cofounder Raffi Salama. This will include things like tax, insurance and invoices –– “all the nitty-gritty things” people need to run their businesses, Salama adds. 

 

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