Total amount raised
$1.1 Million
Latest funding date
1/1/2023
Location
Peerlist has successfully raised funding over two rounds, with the latest being a Seed round. The platform is backed by six investors, including Sumit Shah and Kumar Puspesh.
Peerlist offers a professional networking platform designed for tech professionals to showcase their work, verify credentials, and connect with others. Keep reading to explore the intricacies of Peerlist's fundraising journey and the investors backing this innovative platform.
What Is Peerlist?
Peerlist is a professional networking platform tailored for tech professionals, particularly designers and developers. It allows users to create comprehensive profiles that showcase their work, verify credentials, and connect with other credible professionals.
Founded in Pune, Maharashtra, India, Peerlist operates with a small team of 1-10 employees. The platform emphasizes a community-driven experience, promoting knowledge sharing, collaboration, and credibility among its users.
How Much Funding Has Peerlist Raised?
- Angel Round
- Amount Raised: USD 25,000
- Date: November 2021
- Lead Investors: Sifar Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Initial funding to support the early stages of the company's development.
- Seed Round
- Amount Raised: USD 1,100,000
- Date: January 2023
- Lead Investors: Dharmesh Shah
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To use the funds for marketing, expanding the engineering team, product development, and building a marketing and sales team.
Total Amount Raised: USD 1,125,000. Current Valuation: Not publicly disclosed.
Key Investors
- Dharmesh Shah
- Details: Dharmesh Shah is the co-founder and CTO of HubSpot, a leading inbound marketing and sales platform. He is a prominent figure in the tech industry with a focus on marketing and technology solutions.
- Investment Focus Areas: Technology, marketing platforms, SaaS.
- Notable Investments: HubSpot.
- Manoj Gupta
- Details: Manoj Gupta is the founder and CEO of Plotch.ai, a company specializing in AI-driven solutions. He has a strong background in artificial intelligence and technology.
- Investment Focus Areas: AI-driven solutions, technology, innovation.
- Notable Investments: Plotch.ai.
- Kumar Puspesh
- Details: Kumar Puspesh is the co-founder and CTO of Moonfrog, a gaming company. He has extensive experience in the gaming industry and technology development.
- Investment Focus Areas: Gaming, technology, software development.
- Notable Investments: Moonfrog.
- Suumit Shah
- Details: Suumit Shah is the co-founder and CEO of Dukaan, a platform that helps businesses set up online stores. He is an entrepreneur with a focus on e-commerce and technology.
- Investment Focus Areas: E-commerce, technology platforms, startups.
- Notable Investments: Dukaan.
- Mohan Rao
- Details: Mohan Rao is an entrepreneur and angel investor with various investments in tech startups. He is known for his involvement in innovative tech solutions.
- Investment Focus Areas: Tech startups, innovation, technology.
- Notable Investments: Various tech startups.
What's Next for Peerlist?
Peerlist stands at the cusp of significant growth opportunities, driven by its unique focus on integrating and showcasing the work achievements of technical job seekers. With the recent seed funding of $1.1 million, the platform is poised to expand its user base and enhance its features, including launching a mobile app and building a strong hiring vertical for companies.
As Peerlist continues to grow, future fundraising opportunities are likely to arise, enabling the company to further invest in marketing, product development, and team expansion. However, challenges such as competing with established platforms like LinkedIn and ensuring the accuracy of user-verified information may pose hurdles along the way.
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