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Young Entrepreneur

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YEC Member Company Toptal Acquires Talent Marketplace Skillbridge

YEC member Breanden Beneschott announced that his company Toptal recently acquired Skillbridge, an innovative platform in the on-demand business talent space, for an undisclosed sum.

Skillbridge has grown rapidly over the past two years, successfully building their client base to include five of the top 10 largest private equity firms in the U.S., high-growth startups and Fortune 500 clients. With more than 7,500 screened freelance professionals to-date, Skillbridge enables businesses to quickly hire top consultants, accountants, statisticians and other trusted specialists in areas such as market research, financial modeling, and due diligence when they need them. Their proprietary Talent Dynamics platform intelligently matches the right talent to best-fit projects to deliver what clients want: a fast, high-quality, reliable way to engage high-level business talent.

The combined entity will leverage Toptal’s robust technology platform to quickly expand its network of talent and scale product offerings, while maintaining the white-glove matching service and high-level of support that clients of both companies have come to rely upon. With this acquisition, Toptal will represent the top three percent of freelance developers, designers and business professionals, connecting them with companies around the globe.

Says Beneschott, "Consulting is a $300 billion industry, and, like many other industries, we’re seeing a shift in terms of how works gets done at the highest levels. Top people are increasingly seeking flexibility in their work, and they are finding it via freelancing. With Skillbridge as the clear market leader in the booming freelance business talent space, it made sense for us to acquire them as we prepare to enter the space to provide on-demand access to the best, via the Toptal model."

Read more about this acquisition in Toptal's press release here.

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