An estimated 59 million Americans worked as freelancers in 2021, which is equivalent to a massive 36% of the entire country’s workforce.
Those freelancers often lack the support and infrastructure needed to keep up with business operations and ultimately scale their efforts. Plus, building up freelance opportunities is often a lonely experience.
That’s where Dr. Stevens Bonhomme comes in.
He built Feedcoyote, a Kentucky-based startup, as a platform that “empower(s) freelance business to thrive in the digital economy.” The platform is designed as a collaboration network with built-in project management tools specifically for freelancers looking to build their business. That can help freelancers connect with trusted collaborators, get rating feedback, and organize their project pipeline.
“Research shows that freelancers spend on average 3 to 6 hours per week looking for business opportunities or collaborators. New entrants spend 75% of their time sourcing for leads, and 42% express experiencing economic isolation. As a result, we provide a space where freelancers can connect, collaborate on bigger projects, and make more money faster while building their business, together. We take care of the end-to-end collaboration and deal flow from contract, project, and calendar management, to payment processing, all in one place,” he told Hypepotamus.
Freelancers on the platform are product designers, writers, UI/UX designers, product managers, social media managers, graphic designers, photographers, marketing managers, recruiters, and software developers.
Building In Kentucky
While Feedcoyote started in Seattle, the team is building in Kentucky after winning the 2022 1st50k Startup Pitch Competition which is helping the team scale.
“In a short amount of time, we’ve built great connections and received the necessary support to thrive in such an environment,” Bonhomme said when asked about building a startup in Kentucky.
Feedcoyote is also backed by Keyhorse Capital, Sprocket Innovation & Codefi, according to Bonhomme. The web app is already up and generating revenue, and 2023 will be all about launching its mobile apps on iOS and Android to “allow users to connect and manage their business on the go.”
