Simbi is a community-driven platform that utilizes a virtual currency system, allowing freelancers and independent workers to exchange services and skills without monetary transactions. This model addresses the challenge of unbooked hours by enabling members to convert their time and expertise into valuable credits, facilitating access to a diverse range of services.
Funding
$1.2M 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.
TCFounders
Product
Problem
Freelancers and independent workers often struggle with unbooked hours and limited access to diverse services due to monetary constraints. Traditional payment systems can be a barrier to accessing needed skills and services, especially for those with limited financial resources.
Solution
Simbi is a community-driven platform that enables members to exchange services and skills without relying on traditional monetary transactions. The platform utilizes a virtual currency system, "simbi," allowing members to convert their time and expertise into credits that can be used to access a wide range of services offered within the community. This system facilitates a symbiotic economy where members can obtain services they might not otherwise afford, fostering mutual aid and community development. By verifying member identities and incorporating reviews, Simbi aims to create a trusted environment for exchanging services and building connections.
Target Audience
The primary audience includes freelancers, independent workers, and individuals seeking to exchange skills and services within a community-based, non-monetary economy.
Features
- Virtual currency system ("simbi") for exchanging services without monetary transactions
- Member verification through social network connections and personal/professional details
- Review and recommendation system to ensure trust and reliability
- Diverse range of services offered by members, including design, coaching, and household goods
- Community-driven platform promoting mutual aid and skill-sharing