Shoutt
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Date of Foundation
2024

Shoutt

Fee-Free Freelancing: Earn More, Enjoy Freedom.

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The Idea origin story

Our startup, Shoutt, is a game-changer in the freelance industry. It's a zero-commission platform providing freelancers unlimited earning potential and autonomy. Rather than eating into freelancers earnings, we employ a simple subscription model. For a flat rate of £15/month, freelancers keep 100% of their income and manage clients without restrictions. Meanwhile, businesses can post projects at no cost, ensuring a rich supply of opportunities for freelancers. Our goal? Job sustainability and total fairness for freelancers.

The Mission

Vision: A world where freelancers keep more of their earnings and work freely. Mission: To provide a commission-free platform that empowers freelancers with fair, flexible, and sustainable work

Clients

Our customers are freelancers who desire maximum earnings and businesses seeking top talents minus platform fees. Primarily, writers, designers, marketers seeking greater financial autonomy.

Problems we solve

Client’s problem

Shoutt solves the unfair commissions and restrictions freelancers face on platforms like Upwork and Fiverr. By charging a flat monthly fee, freelancers keep 100% of their earnings, work freely with clients, and avoid sudden account bans or penalties. Businesses also benefit from free job postings, ensuring a steady flow of high-quality opportunities for freelancers.

Confirmation of problem

At Shoutt, our vision is a world where entrepreneurs and gig economy workers have seamless platforms to grow their businesses without restrictions or high costs.

Solution

Shoutt provides a subscription-based marketplace free of commissions where freelancers retain all earnings and communicate directly with clients using our integrated collaboration tools.

Our technologies

This solution is based on technologies

How it works

Freelancers on Shoutt subscribe for a flat fee, land quality jobs and retain all earnings. We offer essential tools for seamless collaborations.

Value for the client

Shoutt empowers freelancers with higher earnings, client flexibility and financial security. Businesses hire top-tier talent effortlessly.

Market and strategy

Market size

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

25

% of the market

Is our goal in the next 3 years

Team

My name’s

KG

My key role in the product

As a fractional COO, my key responsibilities include developing financial models, conducting market analysis, and driving fundraising initiatives.

Team size and key members

In addition to Fo, our team needs experts in product development, marketing strategy, and operations management who share our energetic drive for success.

Competitors

Competitors

Shoutt competes with large marketplaces like Fiverr and Upwork, as well as smaller aggregators. What sets us apart is our no-commission model, flat subscription fee, exceptional gig curation and freelancer-first approach that includes invoicing, escrow services and client flexibility.

Our Advantages

PitchBob’s recommendation: We stand out as we charge no commission, ensuring freelancers get their full earnings. Our flat subscription fee introduces transparency. We curate high-quality jobs, offer freelancer-centric tools for efficient workflow and allow unrestricted communication with clients on or off the platform.

Business model

We primarily earn through a £15/month subscription model for freelancers and explore extra earnings from affiliate partnerships and business-side monetization.

Traction

Since our launch in October, we've experienced tremendous growth with over 12,000 website visits and 4,500 freemium accounts created. Leveraging robust marketing initiatives has successfully led to an increase in organic traffic as well as strategic partnerships that generate qualified leads.

We've grown to over 4,600 paid subscribers who have been charged £15/user which solidifies our standing among businesses. We advertise premium roles and are incorporating partner tools, with an additional 10% users investing £20/month on these resources.

Metrics

Our key metrics include growing website traffic with 12,000 hits since October, over 4,500 freemium sign-ups indicating strong engagement. We have 170 paid subscribers generating £30.6K ARR and we're working on improving our conversion rate from freemium to paid subscriptions. Our focus remains on reducing churn rate while increasing user engagement through new job listings each month .

Our startup is growing robustly, with an Annual Recurring Revenue (ARR) of £30.6K that we've obtained from our base of 170 paid subscribers at a rate of £15 per month. It's crucial to note that these figures represent significant success within a competitive market and forecast potential scalability in the future.

Incorporation

Our company incorporated in

uk

Key risks

Our principal risks revolve around freelancer retention and successful conversion, requiring an emphasis on improving our job-matching AI algorithms. Additionally, we anticipate challenges in scaling costs and competitive pressures from established platforms like Upwork. Lastly, establishing a stable revenue stream remains pertinent to ensure long-term success.

Investments

$

time only

We raised investments

Our Investors

No current investors just some equity employees

Rising Investments

$

Between 700k - 1.5m

Currently, we are raising investments

$

3.5m

Estimated pre-investment valuation of the company

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We’re looking for a co-founders

Open positions

Article

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Additional information

Shoutt pioneers in the freelancing arena by abolishing commissions, ensuring equitable remuneration and equipping freelancers with invoicing, escrow and teamwork tools. Our sustainable SaaS model supports a burgeoning clientele with an emphasis on freelancer-first marketplace.

Shoutt
Growth
Date of Foundation
2024