Indorse year in review 2019
Revenue, funding and more…
It’s been almost 3 years since we started Indorse, and 2 years since we completed our token sale! In 2019, we accomplished a number of achievements, from closing a funding round to working with new large Enterprise clients who love our product! Over the course of 2019 our central focus was on revenue growth and ensuring that the Indorse business model is sustainable and scalable.
The core of Indorse has always been its Expert Community (i.e. our Validators) who spend their time and resources assessing and validating the code submitted by candidates.
Some highlights & key numbers regarding our Expert Community for 2019
We have established three core product lines, all of which are now starting to generate significant revenues for the Company. As a company, we feel that we are reaching product market fit — we are heartened by the fact that our customers find value in our products and that they are willing to pay for them.
And a few additional highlights from 2019
- Developed a community of awesome and talented experts who have come from across the world, and are motivated by giving back to the community
- Helped conduct AI For SEA — an online hiring challenge in conjunction with Padang, who spearheaded the marketing and operational activities. This challenge was designed to facilitate the selection and recruitment of 50 Data Scientists for one of the largest ride-hailing company in South East Asia
- Released Data School, a platform for Upskilling employees to become Data Scientists. This platform was developed in partnership with Ngee Ann Polytechnic from Singapore. The first client to use this platform is OCBC bank — one of Singapore’s largest banks. They are committed to the upskilling of up to 200 employees to become Data Scientists
- Helped conduct Rolls-Royce Blockchain Innovation Challenge— an innovation challenge in conjunction with Padang. This challenge was designed to source innovative blockchain solutions for Rolls Royce in Singapore
- Conducting RateSetter Tech Hiring Challenge— this ongoing hiring challenge is open to participants across the UK and Europe. The challenge is designed to hire Software Developers and Technical Architects for RateSetter, a leading P2P lending company from the United Kingdom and Europe
- And last but not the least, we completed a fundraise agreement for up to US$ 6.5 million (US$ 2 million + options of US$ 4.5 million) with the Times of India Group. The Times Group is India’s largest media conglomerate, according to Financial Times as of March 2015. Funds to be used towards expansion into the Indian market as we keep pushing new frontiers
Articles about & from Indorse
- News about our fund raising from the Times of India
- A piece in Forbes about the Future of work
- Indorse Launches London HQ
- Upskilling: The Solution to the UK’s Post-Brexit Woes?
- Tech skills in India: look beyond resumes, start hiring for skills!
- Which Programming Language Should You Learn Next?
- Merkle tree explorer
- Second layer scaling with EIP-712
- Major Programming Trends to Prepare for in 2019
