Upwork Overview

  • Founded
  • 2014

Founded
  • Status
  • Public

  • Employees
  • 650

Employees
  • Stock Symbol
  • UPWK

Stock Symbol
  • Investments
  • 6

  • Share Price
  • $23.41

  • (As of Wednesday Closing)

Upwork General Information

Description

Upwork Inc is a United States-based company that operates an online marketplace that enables businesses to find and work with highly-skilled independent professionals. The develops platform for hiring and freelancing purposes. Its products offering include Upwork Basic, Upwork Plus, Upwork Business, Upwork Enterprise, and Upwork Payroll. The business generates revenue from Talent and Clients across the USA, India, the Philippines and the rest of the world. Substantial income is derived from providing services to Clients.

Contact Information

Website
www.upwork.com
Formerly Known As
Elance-oDesk
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Human Capital Services
Other Industries
Business/Productivity Software
Social/Platform Software
Stock Exchange
NAS
Primary Office
  • 475 Brannan Street
  • Suite 430
  • San Francisco, CA 94107
  • United States
+1 (650) 000-0000

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Upwork Stock Performance

(As of Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$23.41 $23.18 $14.85 - $64.49 $2.88B 130M 1.32M -$0.56

Upwork Financials Summary

In Thousands,
USD
TTM 31-Mar-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 2,902,567 4,268,521 4,095,751 1,083,861
Revenue 530,515 502,797 373,628 300,562
EBITDA (57,442) (40,132) (7,907) (4,719)
Net Income (73,143) (56,240) (22,867) (16,659)
Total Assets 1,100,276 1,081,061 529,227 446,380
Total Debt 583,816 584,367 34,954 42,683
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Upwork Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Upwork Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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Upwork Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Upwork Inc is a United States-based company that operates an online marketplace that enables businesses to find and work
Human Capital Services
San Francisco, CA
650 As of 2021
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00000 0000000 00000000
Pittsburgh, PA
00000
00000000000 00000

000000

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0000000000000 00000000
Sydney, Australia
0000 As of 0000
000.00
000000000 000.00
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Upwork Competitors (11)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Guru.com Formerly Angel backed Pittsburgh, PA 00000 00000000000 00000
0000000000 Formerly VC-backed Sydney, Australia 0000 000.00 000000000 000.00
0000000000 Formerly VC-backed New York, NY 000 0000 000000&0 0000
00000 00 Corporation New York, NY
00000000 Venture Capital-Backed San Francisco, CA 00 000.00 00000000000 000.00
You’re viewing 5 of 11 competitors. Get the full list »

Upwork Patents

Upwork Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-10489745-B1 Apparatus, system and method of clustering clients based on their hiring criteria in a job marketplace Active 07-Aug-2014 00000000000 0
US-10430763-B1 Apparatus, method and system for classifying freelancers Active 20-Feb-2014 00000000000 00
US-11188876-B1 Matching method of providing personalized recommendations and a system thereof Active 15-Mar-2013 G06Q10/1053 000

Upwork Executive Team (21)

Name Title Board Seat Contact Info
Hayden Brown Chief Executive Officer, Board Member & President
Brian Kinion Chief Financial Officer, Finance & Chief Accounting Officer, Accounting
Jeff McCombs Chief Financial Officer, Finance
Saty Bahadur Chief Technology Officer
Olivier Marie Chief Accounting Officer, Accounting & Treasurer, Finance
You’re viewing 5 of 21 executive team members. Get the full list »

Upwork Board Members (11)

Name Representing Role Since
Anilu Vazquez-Ubarri JD Self Board Member 000 0000
Elizabeth Nelson Elance Board Member 000 0000
Gary Steele Self Board Member 000 0000
Gregory Gretsch Jackson Square Ventures Board Member 000 0000
Hayden Brown Upwork Chief Executive Officer, Board Member & President 000 0000
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Upwork Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Upwork Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Upwork Investments & Acquisitions (6)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0.0000 17-May-2022 00000 0000 0000 Business/Productivity Software
000000000 01-Jul-2020 00000 0000 Educational Software
000000000000 16-Jan-2019 00000 0000 0000 Business/Productivity Software
000000 18-Dec-2013 000000 00 00000 Human Capital Services
oDesk 18-Dec-2013 Merger of Equals Social/Platform Software
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