# Mylance

The "Shopify" for skilled independent consultants 

## Elevator pitch
Mylance builds tools that enable professionals to consult for themselves. We help them launch and maintain their freelance businesses. This includes a turn-key website, invoicing, bookkeeping taxes, community, and lastly access to projects. We're building towards a two-sided marketplace enabling consultants to reliably find projects, backed up by community, access to experts, and admin products.

- Canonical URL: https://wefunder.com/mylance
- Entity ID: wefunder:company:80975
- Last updated: 2026-06-22T05:03:18Z
- Generated at: 2026-06-23T00:49:35Z

## Quick facts
- 🙋‍♂️Experienced and multi-time founders scaling $1B+ businesses Uber & SaaS Payments
- 🎉 59 million independent workers in the US brought in $1.2 trillion in 2020
- 💪 $450k already finalized from accredited investors on the same terms

## Active fundraises
- wefunder:fundraise:43339: 4(a)(6) successful (USD)
- wefunder:fundraise:43340: 4(a)(6) successful (USD)

## Story
What's the Mylance vision?Mylance is building the "Shopify for independent consultants." Mylance will be the one-stop shop to market yourself as a consultant, manage your projects, find leads, get access to a supportive community, and additional services needed to remove the admin burden.What problem are you solving?Today, 48% of an independent consultant’s time is spent doing non-earning, admin activities that include 1) Lead generation and 2) Back office admin, leading to millions of wasted hours each year.Back office admin: includes invoicing clients to get paid, bookkeeping to correctly categorize the transactions, estimated tax calculations to pay taxes 4 times per year (yes this is required for a freelance consultant), tax filing, time tracking for clients billed hourly, and signing and maintaining mutually agreed upon client contracts.Lead generation: to find clients, a consultant needs to communicate their value well, network with dozens of "leads," scope out a project, negotiate a good deal, and sign an agreed upon contract. Of the 48% of non-earning hours, this takes up over half of their time.How big is the market?In 2019, US Freelancers brought in $1.2 Trillion in gross revenue from a combined 59 million US workers. Further, 45% of those are "skilled" talent. This market continues to grow every year, and as a result of COVID, 12% of the US Workforce started freelancing during 2020.Who's the team?Our team, led by CEO Bradley Jacobs and Gerardo Raiden, combines tech and independent consulting experience from Uber and payments SaaS companies where we've launched new business lines and built them up to over $1B in value. As a team, we've experienced freelance challenges first hand, we’re passionate about the independent life, and we have the grit to win in an attractive space.What have you built thus far?In our first year of business, we bootstrapped to $100k in revenue mostly through our Bootcamp product, enabling us to get close to our customer and jumpstart our community. In mid-2021, we have pivoted to build our first proprietary software, which is a turn-key website for the consultant. In under 5 minutes, a freelancer has a website that showcases their niche, testimonials, case studies, and experiences. As we build, we'll automate the freelancer experience by taking their admin challenges off their plate like invoicing, bookkeeping, client CRM, and taxes.Who's Mylance's target customer?Tech professionals with 5-15+ years of experience who have built up successful start-ups or worked for brand name companiesThey're in a major business function including Operations, Product, Marketing, Business Development, Sales, or Strategy.Start-ups pursue these roles at a high rate, and these folks are currently underserved as independent consultants today, unlike Engineers and Designers.What sets Mylance apart?What is the Mylance product vision?*The above slide contains forward looking projections that are not guaranteed.What is the competition like?There are a lot of companies in the freelance space, as expected with a $1.4 Trillion market. If we break it down to look at companies going after skilled freelancers at the top of the market, we can look at the marketplaces, freelance tools, and freelance education.Freelance Marketplaces: TopTal, Catalant, Graphite, Marketerhire, and Business Talent Group.Freelance Tools: HelloBonsai, Honeybook, Hyke / Collective, Wingspan, Catch, and KeeperTax. While there are quite a few more, these are the most notable ones to watch.Freelance education: Freelancing School, Consulting Club, and Practice. There are also plenty of blogs and influencers in the space, but we haven't seen a large presence helping skilled freelancers with education and development.There's competition in any attractive, large space. Ideas don't win, strategy and execution win. Mylance is building a different kind of business in a few respects, which we've detailed above. Further, at the end of the day, every company comes down to strategy and execution.What makes Mylance different?Trusted relationship with our customersMylance isn't just a freelance bookkeeping service or freelance marketplace. We provide education and a community for our customers. This means that customers have a unique relationship with Mylance that's different than any other company in the space. To back this up, this is part of the reason that our Bootcamp customers sign-up for our bookkeeping offering, bring back projects to the community, and refer their friends to Mylance. A note we got in our Slack channel before the Holidays this year captures it best.Underserved target customerMost of the marketplaces and communities in the space are targeting engineers, designers, and marketers. Mylance currently targets Operations, Strategy, and Product specialists. This talented group is more of your "jack of all trades" individuals that every start-up and company needs, but is hard to find. Further, many of these specialists don't realize they can consult for themselves and struggle to communicate their niche, so we add significant value to them by bringing them into the Mylance community.Uniquely positioned team- By investing in Mylance, you're investing in Founder Bradley Jacobs and the talented supporting team. We combine big tech experience and company scaling to well over $1B, passion for the space, and the grit to win.Big tech experienceAt Uber, Bradley launched both Miami and Milan for UberEATS, and then went on to launch Uber Freight and built up the business to well over $1B in value within 2 years leading the Carrier Operations team. We've done it before for other companies, now we're doing it for ourselves.Passion for the spaceAfter Bradley left Uber in Oct 2018, he consulted independently for start-ups and logistics companies on how to launch, scale, and automate their businesses. He experienced both the fulfillment but also the challenges of being a freelance consultant. He saw what freelancing could provide: following a passion, spending more time with your family, or starting that business you've always wanted to. Bradley became passionate about enabling a sustainable freelance life because of the freedom and fulfillment it provides, and thus chose to bring the freelance life to millions through Mylance.Grit to winBesides the above accomplishments, nothing says grit more than bootstrapping a company from scratch to over $70k in revenue in its first nine months, mostly done without any coding experience or in-house products. We know how to stretch a dollar, bring on excellent talent, and overcome the adversity that comes with starting any company. As an anecdote, our first Bootcamp cohort in June 2020 was with 6 talented individuals. Afterwards, we collected a satisfaction survey and averaged a 6.2 / 10. While obviously not easy to digest, we took it upon ourselves to interview every customer to learn what could've been better, and in 4 short days, turned around an upgraded product for the July cohort. For the July cohort, we measured an score of 9.8. We listened, we took feedback, we iterated, and we delivered an excellent product to add value to our customers.An additional noteFor us, this is not an opportunity to raise money, give it our best shot, and try again if it fails. We truly believe Mylance will succeed as a company, and we'll give everything we have to make it so. We believe that in a big space with a talented, hard working team, we can be successful if we are sure that 1. We're solving a problem people genuinely have, 2. That problem is big enough, and 3. We execute well enough to provide enough value for customers to pay us.What are Mylance customers saying?

## FAQ
1. **How would you distinguish Mylance from the many similar companies in this space, like Moxi (https://wefunder.com/moxi)?**
   - Thanks for the question! Looking at Moxi specifically, they're targeting one pain point of a freelancer, getting paid. Going out on your own as a freelancer comes with numerous challenges today, yet 60 million Americans choose it anyway because of the flexibility, freedom, and empowerment that comes from working for yourself. The independent workforce requires everything that a company would normally provide: health insurance, tax withholdings, income stability, a peer network, coaching, etc....
2. **Hello Bradley, I am potentially looking at your company to invest in but I would like to see your financial statements. Are you able to share the financial statements?**
   - Hi Spencer. Thanks for the question. This isn't a typical request of an early stage company. What are you looking to learn from our financial statements? I can tell you that in 2020, we got our first customer in March 2020, and brought in about $75k of revenue in the year. Running lean and bootstrapping, the business was almost exactly breakeven. Are there any other specifics you'd like to know about?
3. **- What were the total salaries paid during the past year (2020)? you mentioned one of the problems that the freelancers face is the deal generation and deal flow, how do you plan to solve this?**
   - I'm not sure if you're asking about salaries internally to Mylance, or the rates that our customers (freelancers) are getting. For salaries internally, I mentioned the business was breakeven for our first year, and our revenues were about $75k through the end of 2020. Given the majority of our costs were people costs, that's basically what we paid to our team. For the freelancers, we're helping them accomplish their goals, which often are to replace their past salaries with their freelancing ...
4. **"📈 Grew revenue 695% from H1 2021 to $49k in H2 2021" H1 2021 is not yet closed and H2 hasn't started. Please reconcile your claimed sales against the actual calendar.**
   - Apologies for the typo. The numbers published there are for 2020
5. **Hi Bradley, Is there anyway I can talk to you? Future investor with some great ideas that will help the company expand tremendously. Thank you.**
   - Sure, shoot me an email to bradley@mylance.co

## Team
- Bradley Jacobs (Founder and CEO)
- Arathi Mehrotra (Advisor)
- Seavron Banus (Advisor)
- Brittney Winchester (Financial Operations)
- Karthik Suresh (Advisor)
- Andrew Dominitz (Advisor)
- Gerardo Raiden (Founding Engineer)
- Bethany Swartwood (Head of Tax & Business Law)

## Recent posts
- January 2023 Mylance Investor Update (2023-02-08T22:56:29Z)
- August 2022 Investor Update (2022-09-29T19:07:27Z)
- June 2022 Mylance Update (2022-07-15T17:16:33Z)
- Last chance to invest! And a 2021 Year in Review (2022-01-06T19:52:58Z)
- Mylance continues to build and grow! (2021-12-06T19:00:09Z)
- The Mylance HQ is Live! (2021-09-20T19:42:53Z)
- Founding Engineer Hired and Product Updates (2021-07-07T20:09:55Z)
- Some Mylance updates to share! (2021-04-28T00:09:44Z)
- Mylance on Money Clip Podcast (2021-04-09T04:25:30Z)

## Q&A
- Q: Can you update your recent traction for 2021? What was revenue quarter over quarter in 2021? Customer acquisition etc? Any recent growth metrics would be helpful. This looks like an interesting opportunity but need more data to make a decision. Thanks.
  - A: Sure thing! Just published a detailed update on Wefunder, and you can see more detail here: https://mylance.substack.com/p/2021-review-investor-update-and-2022 If there's anything specific you're curious about, let me know and I can address.
- Q: How would you distinguish Mylance from the many similar companies in this space, like Moxi (https://wefunder.com/moxi)?
  - A: Thanks for the question! Looking at Moxi specifically, they're targeting one pain point of a freelancer, getting paid. Going out on your own as a freelancer comes with numerous challenges today, yet 60 million Americans choose it anyway because of the flexibility, freedom, and empowerment that comes from working for yourself. The independent workforce requires everything that a company would normally provide: health insurance, tax withholdings, income stability, a peer network, coaching, etc. and yet none of that comes with a 1099 job. So, Moxi is helping freelancers get paid more reliably, while Mylance helps tech professionals get up and running (proper business set-up, setting my rate, finding new clients, honing my niche, etc.), and then removes the backend burden of bookkeeping and taxes. My guess is there will be a number of winners in this space, and as we each solve different problems for this segment of workers, there will be opportunities to partner and collaborate in a way that makes the independent journey far easier and more sustainable than it is today.
- Q: Hello, Are there any updates since 2022?
  - A: Yes! Tons! Apologies for not keeping this page updated. I will update it now
- Q: hello, don´t you send out an update to your investors at least once a quarter? i´ve gave you money more than a year ago and never heard back from you...
  - A: Hi Cinthia! Thanks for reaching out and appreciate your interest in our updates. I have been updating the Wefunder every few months with our progress. You can see I recently posted in June 2022 with our progress: https://wefunder.com/updates/156799-june-2022-mylance-update I am working on another update and will post that soon. Please let me know if you have any other questions!
- Q: Hi, I am a long-term digital asset manager, I am actually new to this platform would love to share ideas with smart people. I work with Validus investment organization and we are looking to take Tax-free cryptocurrency IRA and cloud mining investment to a new level by introducing store owners and individuals into hosting bitcoin ATMs and virtual bitcoin mining units. We could chat if you have some time Ethanm332@yahoo.com I barely come on here!
- Q: Hi Bradley, Is there anyway I can talk to you? Future investor with some great ideas that will help the company expand tremendously. Thank you.
  - A: Sure, shoot me an email to bradley@mylance.co
- Q: "📈 Grew revenue 695% from H1 2021 to $49k in H2 2021" H1 2021 is not yet closed and H2 hasn't started. Please reconcile your claimed sales against the actual calendar.
  - A: Apologies for the typo. The numbers published there are for 2020
- Q: contact me on my email . hae shares available for sale
- Q: - What were the total salaries paid during the past year (2020)? you mentioned one of the problems that the freelancers face is the deal generation and deal flow, how do you plan to solve this?
  - A: I'm not sure if you're asking about salaries internally to Mylance, or the rates that our customers (freelancers) are getting. For salaries internally, I mentioned the business was breakeven for our first year, and our revenues were about $75k through the end of 2020. Given the majority of our costs were people costs, that's basically what we paid to our team. For the freelancers, we're helping them accomplish their goals, which often are to replace their past salaries with their freelancing income. For many of our customers, that's in the range of $150 - $300 per hour, and sometimes well more. Deal generation and deal flow is the biggest challenge for freelancers today, and not a quick problem to solve. Obviously there are many two sided marketplaces already out there (Upwork, Catalant, Graphite, Fiverr) that are tackling this problem. However, the experiences on those platforms are generally subpar because of the lack of liquidity. We can add a different solution to the deal flow problem by building software that enables how most professionals find clients today: through their own networks. We can build them a "storefront" that enables them to more clearly showcase their skills, find clients in their network.
- Q: Hello Bradley, I am potentially looking at your company to invest in but I would like to see your financial statements. Are you able to share the financial statements?
  - A: Hi Spencer. Thanks for the question. This isn't a typical request of an early stage company. What are you looking to learn from our financial statements? I can tell you that in 2020, we got our first customer in March 2020, and brought in about $75k of revenue in the year. Running lean and bootstrapping, the business was almost exactly breakeven. Are there any other specifics you'd like to know about?