There’s a talent drain facing the tech industry today. We frequently hear about companies that can’t find enough skilled developers and positions are left unfilled for months. That’s why I’m particularly excited to announce Version One’s investment in GroupTalent, a talent-as-a-service platform that focuses on hard-to-fill software design and development roles.
GroupTalent matches companies with technical team members on demand. A hiring or project manager can fill a highly-technical role within 48 hours…which can make a huge difference to a company struggling to meet a product milestone or ramp up quickly. GroupTalent offers a pool of more than 4,000 curated developers and designers and already has a loyal following of early customers including Timbuk2, Crowdstrike, and 1-800-Junk.
Version One led the seed round alongside our friends at Founders’ Co-op. Menlo Ventures and angel investors also participated.
This is an exciting investment because GroupTalent offers a unique marketplace solution that capitalizes on two key trends. First, more and more highly talented technical people are monetizing their talents outside of the traditional full-time career track. And second, companies need quicker and more efficient access to technical talent in order to keep up with the pace of innovation.
Tomorrow’s economy is going to be fueled by a more fluid and often project-based workforce. GroupTalent’s platform helps make this contract economy work for both the talent and hiring companies.