Lystable lands another $10m from Peter Thiel
Round brings London-based Lystable’s total funding to £19m and will be used to develop its payments software
Lystable, the staff management platform, has secured $10 from investor Peter Thiel’s venture capital (VC) firm Valar Ventures, alongside Goldcrest Capital, Kindred Capital, SciFi VC, Wilmont Ventures and Glynn Capital Management.
Launched in 2014, London-based Lystable helps companies connect with agencies, services and freelancers, facilitating onboarding, management and payments through its platform.
Customers including The Economist, Google, Expedia and POPSUGAR use the company’s software to see who’s available and most skilled for a task.
This fresh round of funding takes Lystable’s total funding to £19m – after an undisclosed round last September, an $11m injection in June and a $3.5m seed investment in December 2015 – and will be used to further develop the payments aspect of the software.