1840 & Company Review – Pricing, Features, Pros & Cons

Hiring the right candidate is never an easy undertaking. Traditional employment is a slow process and often holds companies back with the amount of time and effort it takes to fulfill an open position. Freelancing has made it easier, but employers are still faced with the task of finding the right freelancer. Fortunately, there are a number of marketplaces available you can go to.

In this article, we’ll review the 1840 & Company marketplace.

1840 & Company Intro?

Founded by Bryan DiGiorgio, 1840 & Company is an online marketplace to find and hire vetted, expert freelancers. The company’s mission is to jumpstart growth for ambitious businesses by bridging the gaps with their own expertise and vetted talent. The platform offers several unique approaches for quickly building and scaling remote teams over other traditional marketplaces and can be used to fulfill virtually any of your business’s needs.

The platform makes hiring hassle free by eliminating the need for job postings and browsing through lists of freelance applications. Instead, it directly matches employers with the best freelance candidates who can work both part-time or full-time and scale up as you grow.

What types of talent can you hire on 1840?

The marketplace is not industry or niche specific and offers employers a place to fill their positions for virtually any position that can be accomplished remotely.

Employers can find the right candidates to fulfill jobs within:

• Back-office operations
• Customer operations
• Finance operations
• Marketing operations
• Technology operations

Ranging from Bookkeepers and Product Managers to Python Developers and SEO Marketers, you can find virtually any remote freelancer to fulfill your company’s needs.

Who should use 1840 for hiring?

1840 & Company is passionate about helping ambitious startups ranging from pre-seed, seed, series A and Series B companies, although they also serve larger, post-IPO companies as well. The marketplace is ideal for any growing company looking to build remote teams and scale quickly.

How does the marketplace work?

As mentioned above, 1840 & Company does not act like the traditional gig marketplaces out there. There is no job posting or browsing through lists of freelancer applications. Instead, clients get matched with curated talent. Here’s how it works.

First, employers must signup for their client account. If you’re freelancer looking for work, then naturally you’ll need to sign up for their freelancer account – but we’ll review the freelancer side later in this review. Once you’ve created your client account, you’ll need to schedule a phone consultation with an 1840 team member to discuss your business hiring needs, goals, and budget. The platform really takes a premium approach and wants to ensure that both sides will be a good fit.

Client Managed vs. 1840 Managed

After a successful consultation and your account has been approved, you’ll need to choose a path option. The platform offers either a self-managed path (client led) or a fully managed path (1840 led). This is another unique feature of the marketplace. With the self-managed path, you’ll be matched with talent that you can work directly with. You’ll be in charge of managing their day-to-day activities and working with them. They’ll become a part of your team, much like a traditional employee would be. However, with the 1840 led path, you’ll get a more managed service, like that of an agency. 1840 & Company will manage and work with the talent, saving you time.

Hiring talent – how much does it cost?

The marketplace offers a flexible pricing structure, which allows you to leverage onshore or offshore pricing models. This creates the most cost-effective structure and maximizes investment for your business. The platform is free to join with no monthly subscriptions or commission rates as well. In general, you can expect to pay industry average rates for their talent. Furthermore, you do not need to worry about paying freelancers directly. The platform invoices clients directly for the duration of the freelance project and will handle payments to the freelancer themselves.

Pros

• 1840 & Company has a wide variety of vetted experts available for both part-time and full-time hires.
• Hiring talent on the platform is hassle free – there are no job postings, no browsing through a list of freelancers, and no monthly subscriptions.
• You can choose the 1840 managed approach, which takes out all the leg work of hiring the talent you need.
• The platform assigns clients a dedicated client success manager and has excellent customer support.
• Well-suited for global companies who can work with onshore or offshore talent fluent in English, French, Spanish, Chinese, Arabic, and many other languages.
• There are no minimum requirements, and you can start off with as little as 1 part-time freelancer or immediately hire numerous full-time ones.
• Access to 1840 Founder’s Club, an added benefit of the platform that provides clients with access to travel and business discounts, marketing resources, investors, competitor intelligence and more.

 

Cons

• The platform is strict and requires a thorough vetting process for both clients and freelancers.
• Their freelancers are not available to the public.
• There’s no messaging platform or dashboard to communicate directly with your freelancer.
• Not ideal for finding freelancers for one-time gigs.

Conclusion

1840 & Company is a powerful marketplace for finding and hiring expert talent. With the ability to leverage both onshore and offshore freelancers, you’ll be able to build remote teams at affordable rates. Their process also makes hiring simple and hassle free. All in all, the platform is an attractive option for finding freelancers.

Have you worked with this marketplace? If so, please let us know your experience with them down in the comments below!