Connectd Raises £5.5M to Expand Fractional Executive Platform Across US, UK

Connectd, a UK- and US-based platform connecting startups with experienced fractional executives and strategic advisors, has raised between €6.3 million and £5.5 million in its latest funding round, reflecting 80% growth and surpassing approximately $11 million in annual recurring revenue. Since its founding in 2019, Connectd has facilitated over 25,000 connections involving fractional hires, investments, and board appointments, serving a community of over 3,000 professionals and startups. The platform uses AI to analyze startups' financial data, intelligently matching them with fractional executives tailored to specific business needs and growth stages, allowing companies to access elite expertise without the cost or commitment of full-time hires. Fractional executives, often senior professionals with deep expertise, benefit from portfolio careers by advising multiple organizations simultaneously, gaining variety and flexibility, especially when transitioning from corporate roles to self-employment. CEO Roei Samuel highlights the transformative value fractional engagements bring by enabling startups to access top-tier strategic advice, such as from figures likened to Warren Buffett or Jony Ive, on a part-time basis. This funding and rebranding effort underscore Connectd's aim to capitalize on the growing fractional workforce trend across the US and UK markets.