YouTeam, a company founded by Ukrainians, has been acquired by Toptal, a global platform for freelancers based in the United States. The company's co-founder Yurij Riphyak announced on LinkedIn. The amount of the deal was not disclosed.
According to Toptal's statement, the transition will give the company's clients access to “Toptal’s diverse talent network and white-glove matching service.”
“It's a first-of-its-kind network of 50,000+ vetted engineers from hundreds of development agencies across Europe and Latin America that matches tech leaders to precisely the talent they need,” as stated on YouTeam's LinkedIn page.
The company also said to have received support from Y Combinator and Horizon Capital. According to Bohdan Svyrydov, Invesment Director at Horizon, the deal is also an exit from the company for u.ventures.
In addition, the team will have the flexibility to hire individual specialists or teams, use managed delivery, managed services, and consulting services.