Engineers in Business Prize Winner Secures £150,000 Pre-Seed Funding for Revolancer
Karl Swanepoel, Founder and CEO at Revolancer, who recently won the Audience Vote in the 2021 Engineers in Business Champion of Champions Final, today announced that Revolancer has secured £150,000 in pre-seed funding led by top London-based venture capital firm SFC Capital. Also investing in this round is the former head of Europe for Morgan Stanley, Edward Falzon, who we will be working closely with the Revolancer team as a strategic advisor.
Revolancer’s mission is to connect ambitious businesses with skilled freelance talent by pulling down the barriers to entry of growing a small business, and making an income from digital skills.
Revolancer started as a University dorm-room project in January 2021. Following initial development of the idea, Revolancer entered in and won both main prizes in the annual InvEnterPrize startup competition run by Aberystwyth University. This qualified the team to enter the Engineers in Business Champion of Champions Final in October 2021.
Commenting on the business, Karl Swanepoel said: “Once initial funding was secured, we expanded our team to include co-founders Skye Brady and Kinga Mijal, and strategic advisors Mat Braddy (founding CMO of Just Eat), and Dan Swygart (founder of Alpacr). We boot-strapped our way to launch and worked with a group of beta users to test our platform, which is now live – Revolancer Marketplace.
“With this pre-seed funding round, we aim to grow and scale our tested and validated platform to as many new businesses and freelancers as possible.
“Fortunately, we’re in a position where all of our technical development is completed in house, resulting in faster turnaround times, and tech expenses orders of magnitude lower than most other start-ups.
“We’re incredibly grateful to have already helped a number of businesses access skilled talent, and we’re very excited for the next steps in this journey.”