Menu visibility control

Video

Events

Startup Surgery

Most Recent

News

CleanTech startup Desolenator wins Duke of York’s Pitch@Palace 7.0

FinTech

UK FinTech firms ‘raised $328m in Q1 2017’

News

EdTech startup Gojimo acquired by Telegraph Media Group

Press Releases

Mention Me win best tech startup award at Drapers Digital Festival
GamCrowd officially launches the first ever Gambling Tech Week as part of London Tech Week
Redbox Digital Gains Prestigious Magento Global Elite Partner Status

Software startup Lystable lands investment from PayPal co-founder Max Levchin

max-levchin-headshot-2014
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Software startup Lystable has received additional funding from PayPal co-founder Max Levchin and LeFrak’s venture capital arm.

Although the amount remains undisclosed, the new contribution adds to the startup’s $11m Series A led by Peter Thiel’s Valar Ventures, which closed in June.

Although Lystable was founded in the UK by former Google designer Pete Johnston, the company has now reincorporated as a US firm.

Freelance management app Lystable closes £8m Series A led by Valar Ventures

Johnston said: “We are thrilled to have Max join our team, the support of such an experienced founder and investor such as Max Levchin is a significant boost for Lystable.

“We have been working with his team at HVF on our product strategy which is bearing fruits already. We are excited about working with them,” added the founder.

Lystable will use the funding to expand its team in San Francisco and onboard new clients, which already include the likes of Google and Airbnb.

Levchin commented: “We have seen the rapid growth of freelancer marketplaces already make a dent in the traditional recruitment and staffing agency space; but really embracing these workers becomes harder for any company as it scales – let alone big corporations. Lystable is pushing the industry forward, by making it easy for corporations to work with freelancers, and vice versa.”

Enter your email address to receive updates straight to your inbox

* indicates required
Send me news on...
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Editor's picks

Desolenator

CleanTech startup Desolenator wins Duke of York’s Pitch@Palace 7.0
posted 9 hours ago

investors

UK FinTech firms ‘raised $328m in Q1 2017’
posted 11 hours ago

acquisition

EdTech startup Gojimo acquired by Telegraph Media Group
posted 14 hours ago

business people

UK tech firm Ve Interactive ‘rescued’ from administration following management buyout
posted 15 hours ago

investment roundup

UK tech investment trends of Q1 2017
posted on April 25, 2017

hibob

Hibob closes $17.5m Series A, brings total raised to $25m
posted on April 25, 2017