Torc releases performance data that indicates continued positive growth since its public launch
Mar 10, 2023
Torc, the nearshore developer network connecting quality remote developers with jobs, today released performance data that indicates continued positive growth since its public launch in March 2022.
## Torc Continues to Double Quarter-Over-Quarter Bookings, Software Developer Members
*Nearshore Developer Network Proves Culture, Community, Performance are Differentiators*
**BOSTON – Mar. 10, 2023** – [Torc](https://www.torc.dev), the nearshore developer network connecting quality remote developers with jobs, today released performance data showing continued positive growth since its public launch in [March 2022](https://www.torc.dev/newsroom/torc-announces-launch-of-next-generation-talent-marketplace). The productivity-focused, AI-driven talent sourcing experience for companies and software developers continues to double quarter-over-quarter bookings and community membership. Torc prioritizes culture, performance and career development to set it apart from the “churn and burn” style of others in the future-of-work space, and is rapidly becoming the preferred platform for remote technical talent and the companies that need them.
> “Torc’s commitment to the software development community, and exceeding customer objectives with the quality, speed and productivity of on-demand talent that only Torc can provide, is what fuels our success,” said Michael P. Morris, Co-founder and CEO of Torc. “Torc will continue to provide advancements that foster our data-, community- and outcome-driven culture.”
Torc also expanded its executive team with seasoned leaders in the technology talent sector. Patrick Griffin, former Catalant executive, joins as Chief Revenue Officer, and Mark Bosma (formerly of Toptal, MarketerHire and Braintrust) steps in as VP of Talent, driving developer acquisition with a focus on efficiency, performance and utilization metrics.
> “The rapidly expanding technology gig workforce creates an imperative for large enterprises to modernize their staffing strategies for the Future of Work,” said Frank D’Souza, co-founder and Managing Partner of Recognize and Torc Board Chair. “Torc has pioneered the next generation, AI-driven marketplace for enterprises to efficiently leverage this flexible talent pool. Just one year in, the Torc community has grown to over 8,000 top-tier engineers.”
### Culture, Community and Performance Win Deals, Keep Talent
Virtual teams deliver code faster and build better software when they collaborate well, in real time, and take pride in their work. Torc’s nearshore sourcing model embeds a culture committed to making remote work truly effective—combining productivity tooling with community support to drive developer upskilling and deliver measurable value to companies.
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#### Key Milestones at One-Year Anniversary
- **1,500% increase in customers** in 2022, with an 80% retention rate
- **1,100% community growth**, spanning developers from 140+ countries (strongest engagement from LATAM, India and the US)
- **1,800+ Hiring Manager hours saved** via Torc’s platform
- **New talent operations centers opened** in the U.S., India and Colombia
> “Torc is one of the best teams I’ve ever worked with,” said Daniel P., a Torc community member staffed on a NASA project through Ensemble Consultancy. “I was fascinated by Torc’s network, platform, and community collaboration.”
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> “Torc ensured we got the right talent at the right time,” said Oliver Gerland, Director of Strategy and Product at Ensemble Consultancy. “The Torc experience proves that fully-distributed engineering teams are the future of digital transformation services.”
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### About Torc
Torc is the nearshore developer network connecting quality remote developers with on-demand jobs. Built on AI, security and culture-first principles, Torc measures and compensates developers on productivity and performance. Backed by a board of technology veterans (Cognizant, Catalant, Atomic, Mozilla, Harvard) and investors Recognize and Asymmetric Partners, Torc’s emphasis on quality, performance and upskilling makes it the preferred platform for on-demand technical talent worldwide.
[www.torc.dev](https://www.torc.dev)
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### Contact
Jessica Ann Morris
Public Relations, Torc
✉️ jessica@torc.dev
📞 781-608-0499
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[**Read the full release on Business Wire**](https://www.businesswire.com/news/home/20230310005013/en/Torc-Continues-to-Double-Quarter-Over-Quarter-Bookings-Software-Developer-Members)
