Contra
A networking platform that gives users the freedom and opportunity to work independently.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor investor investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
$30.0m | Series B | ||
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 242 % | 207 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Contra is a professional network specifically designed for the independent, project-based workforce, which was founded in 2019 by Ben Huffman and Gajus Kuizinas. The company is headquartered in San Francisco. Huffman, the CEO, previously co-founded Ripe, a food delivery startup, and also has a background as a music producer, which led him to freelance work designing apps and websites. Kuizinas, the CTO, has a background in software architecture and previously co-founded Applaudience, a data aggregation startup in the entertainment industry. Their shared interest in enabling project-based, collaborative careers led to the creation of Contra.
The platform serves both independent professionals and the clients who hire them, operating within the growing gig economy. Contra's business model is centered on a commission-free approach for freelancers, who get to keep 100% of their earnings from projects. Revenue is generated through a freemium model. While the core platform is free, freelancers can upgrade to "Contra Pro" for a monthly fee of $29, which provides access to premium features like customizable portfolios, enhanced visibility in search results, and advanced analytics. For clients, the platform may charge fees for services like posting jobs or managing contracts.
Contra's core offering is an integrated platform where freelancers can build a professional portfolio, manage projects from start to finish, handle contracts, and process payments. The platform's tools allow users to create a portfolio using AI-powered features, find opportunities, get matched with clients, and manage the entire workflow in one place. For businesses, Contra provides a streamlined solution to discover, hire, manage, and pay flexible talent for various needs, including design, engineering, and marketing. A key differentiator is its focus on creating a professional community and providing tools that empower freelancers to manage their business, rather than just being a marketplace that commoditizes talent.
Keywords: freelance platform, independent contractors, gig economy, commission-free payments, portfolio builder, project management, client management, freelance jobs, flexible workforce, talent marketplace, remote work, professional network, Ben Huffman, Gajus Kuizinas, Contra Pro, hiring freelancers, digital nomads, creative professionals, tech freelancers, project-based work