Micro Services Starting From a Fiver get a $500,000 Boost

LONDON, January 7, 2015 /PRNewswire/ --

fivesquid.com a marketplace that lets people buy and sell micro services starting from a fiver has just closed a funding round resulting in half a million-dollars investment. The company has also had a fresh face-lift with a sparkly new website hitting all devices in time for the New Year.

More than half of the members on fivesquid.com are based in the UK and sell valuable services from logo designs to British, Irish voiceovers, to online marketing consultations. Unlike its competitors, fivesquid.com allows people to choose between 4 price categories to list their services (£5, £10, £20, £50), which is easily accessible for start-up businesses looking to save costs on resources. All pricing is in British pound sterling and gets converted into the relevant currencies at purchase so all visitors know the British roots of the brand but still have the convenience of using their local currency.

The current funding round will go into developing software to take the business away from being classified as a website purely for freelancers but also a hub for entrepreneurs looking to create/grow their businesses. The start-up space continues to show strong growth and the service industry is struggling to cater to the needs of smaller companies. Terry Koutsios the CEO and founder of fivesquid.com noted: "Starting a business doesn't cost a lot, and neither should running and growing it with thousands of skilled people available to help out where and when needed at affordable prices."

On fivesquid.com service sellers with 14 years experience in the design industry offer logo and brand identity design including unlimited revisions and a 3-day turnaround for £20. Several small enterprises have spent over £2,000 on micro services to grow their businesses.

Skilled individuals also use the website to earn an extra income. Dan is a writer that offers his services on fivesquid.com and so far has earned over £15,000 by selling his writing skills. His clients include businesses, small blog owners and even journalists from America and the UK.

The company is not slowing down on the funding side either, having recently exclusively engaged with CitiCourt & Co Limited., to raise international growth expansion capital. Interested investors should contact: Jodi Littlepage at Jodi at citicourtandco.com +44-20-3700-0073

About the Company  

Launched in 2011, fivesquid.com is an online marketplace for individuals and businesses to trade skills and services. With members in over 150 countries buying and selling jobs from graphic design to video editing, it is a convenient platform to get small projects and tasks done for affordable prices. fivesquid.com has been recognized by the national press for its quirky website and simple payment structure that offers a new way for people to monetize their skills and have fun.

Useful Links:    

Company Website: http://www.fivesquid.com

How fivesquid.com Works: http://www.youtube.com/watch?v=Nt-5rxo3X3g

For Press Enquiries:

Evelina Jankauskyte
Communications Manager
press at fivesquid.com
+44-7445-481803