Graphite
Overview
Founded in 2014
Graphite operates a marketplace that connects customers seeking project work with highly vetted independent consultants and analysts.
- Customers of Graphite include corporates, professional services organizations, asset managers and enterprises.
- Graphite is in the process of building a proprietary technology platform that enables customers to manage their entire 1099 workforce.
- Communitas Capital has been a customer of Graphite since 2017 and the quality of the work has been excellent.
Investment Thesis & Terms
- Graphite has built a gig economy market solution for high-end “white collar labor” and has a proven track record of customer success.
- Given the tailwinds in the industry, 36% of the US workers are now involved in the gig economy, this is a market that we believe will continue to grow rapidly.
- Covid-19 virus will benefit Graphite, as large enterprises will want to convert fixed costs to variable and a segment of the population will want to continue to work at home.
- Graphite provides talented individuals the opportunity to secure project-based opportunities, even in a challenging job market.