Overview

Malt connects businesses with freelancers to help find the right talent for various projects. The platform allows companies to easily search for and hire freelancers, while also providing freelancers with opportunities to showcase their skills and find work. Malt generates revenue by charging service fees for facilitating these connections. What sets Malt apart from its competitors is its focus on empowering individuals to shape their careers and its expansion into management consulting with the acquisition of Comatch. The goal of Malt is to redefine the world of work by creating a marketplace that supports both freelancers and businesses in achieving their objectives.

Simplify's Take

What believers are saying

• Growing demand for remote work platforms due to hybrid work models.
• Expansion into niche sectors like management consulting enhances Malt's market position.
• Increasing use of AI improves freelancer-client matching, boosting project outcomes.

What critics are saying

• Increased competition from new freelance platforms like Worksome.
• Regulatory challenges in Europe may impact Malt's operations.
• Economic downturns could lead to reduced spending on freelance services.

What makes Malt unique

• Malt offers integrated payment and insurance solutions for freelancers and clients.
• The acquisition of Comatch expands Malt's offerings to management consultants and interim executives.
• Malt's platform serves over 700,000 freelancers and 70,000 clients across nine countries.

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