Malt provides a cloud‑native marketplace aggregating over 850 000 vetted freelancers across IT, marketing, consulting and other domains. Its AI‑driven search, automated contract workflow, escrow payment system and real‑time project dashboards enable enterprises and agencies to source, manage, and pay freelance talent with compliance and reduced administrative overhead.
Funding
$61.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Enterprises often face prolonged, manual processes to locate, vet, and contract freelance specialists, leading to delayed project start‑ups and exposure to legal or payment risks. The fragmented nature of existing talent pools makes it hard to scale talent acquisition across diverse skill sets.
Solution
Malt operates a unified, cloud‑native marketplace that aggregates over 850 000 vetted freelancers across IT, marketing, consulting and other domains. An AI‑enhanced search engine surfaces relevant profiles within seconds, while built‑in messaging enables direct negotiation. The platform auto‑generates compliant digital contracts and routes payments through an escrow service backed by Hiscox, ensuring financial security for both parties. Real‑time project dashboards provide status tracking, milestone billing, and automated invoicing, reducing administrative overhead. Integrated analytics surface talent performance metrics and market rate benchmarks to inform sourcing decisions. The ecosystem also offers community resources, peer‑learning programs, and a “Superteam” feature that matches multiple freelancers to complex, multi‑disciplinary initiatives.
Target Audience
The primary customers are mid‑size to large enterprises and digital agencies that need to source specialized freelance talent on demand, as well as independent consultants seeking a streamlined channel for project acquisition and payment processing.
Features
- AI‑driven keyword and skill‑graph search that ranks freelancers by relevance, availability, and past performance
- End‑to‑end digital contract workflow with e‑signature, GDPR‑compliant data handling, and automatic clause insertion for IP and confidentiality
- Escrow payment system with Hiscox guarantee, supporting milestone releases, multi‑currency settlement, and instant payouts upon approval
- Integrated messaging and collaboration hub with file sharing, task assignment, and time‑tracking widgets
- Real‑time project dashboard offering Gantt view, KPI tracking, and automated invoicing tied to deliverable acceptance
- Analytics suite delivering talent rating, utilization rates, and market rate insights for budgeting and negotiation
- Open API (REST/GraphQL) for ERP and HRIS integration, enabling seamless talent sourcing and data synchronization
- Community portal with curated learning resources, events, and the “Superteam” matchmaking service for multi‑freelancer engagements