Software program Eats Software program Improvement As Andreessen Invests $10M In App Outsourcer Gigster
Ship Gigster your app concept and it sends you again that app. No coding. No hiring. No wrangling freelancers. Only a elementary shift in how software program will get constructed. That’s why Andreessen Horowitz has led a brand new $10 million Collection A for Gigster simply 18 weeks after its launch.
The lauded enterprise agency was impressed with Gigster’s synthetic intelligence engine. It converts a shopper’s product proposal right into a improvement plan, and helps Gigster’s military of distant builders plug in pre-made code blocks to effectively construct the app. Constructed by co-founder and CTO Debo Olaosebikan, Gigster’s AI completely matches Marc Andreessen’s funding thesis that “software program is consuming the world“.
Gigster has helped construct a courting app for muslim millenials, a method for residents of the creating world to purchase electrical energy, and has over 50 extra tasks within the pipes. Co-founder and CEO Roger Dickey tells me “The flip-key service mannequin — nobody is doing it precisely like we’re. Gigster democratizes software program improvement.”
Dickey and Olaosebikan based Gigster a yr in the past. Dickey had been arising with app concepts whereas working at Zynga after promoting it his recreation studio and main creation of hit title Mafia Wars. After leaving and making an attempt to prototype these apps, he realized how exhausting it was to rent and handle nice freelancers from providers like Odesk/Upwork.
The pair constructed Gigster to take that problem out of constructing an app. The corporate finds prime-notch freelance builders, designers, and undertaking managers with pedigrees from MIT, CalTech, Google, and Stripe, and solely accepts 5% of candidates. A gross sales engineer discusses proposals with shoppers, and utilizing the AI engine, comes again with a worth quote and manufacturing schedule in about 10 minutes. Then Gigster manages the whole improvement course of by way of supply of the absolutely-useful app.
Gigster co-founders Debo Olaosebikan and Roger Dickey (from left)
Gigster scored a late entry into Y Combinator and ended up with $2.5 million in funding from YC, Greylock, Bloomberg Beta, and Felicia, AngelList’s Naval Ravikant, Fb Messenger’s Stan Chudnovsky, and Twitch’s Emmit Shear. Inside two weeks of its launch in late July, Gigster already had $1 million in gross sales booked.
Initially, Gigster was targeted on serving unbiased entrepreneurs and smaller startups. However now, Dickey tells me “the shopper base moved to enterprise”. It’s now giving massive, sluggish corporations that software program improvement superpowers of nimble startups. Working with extra skilled shoppers that know what they need additionally makes the entire course of smoother.
Constructing out its personal AI platform would be the focus of Gigster new $10 million. The Collection A led by Andreessen Horowitz additionally consists of Y Combinator Continuity Fund I, Ron Conway of SV Angel, Ashton Kutcher of Sound Ventures and Jason Calacanis of Launch Fund. Lars Dalgaard, Andreessen associate and former CEO of human useful resource administration big SuccessFactors, will be a part of Gigster’s board.
Andreessen is clearly bullish on the altering nature of software program improvement. Years in the past it invested within the seed spherical of freelancer market Toptal. Although Toptal requires shoppers to handle the expertise they rent, they might nonetheless be seen as a competitor to Gigster for getting apps constructed.
Nevertheless, Dickey contends that “venture administration is the place the place probably the most human error occurs.” Gigster relieves you of that labor, for a worth. In case you’re prepared to pay it, Dickey concludes “Everyone has their very own engineering group.”