WorkMarket Overview
- Founded
-
2010

- Status
-
Acquired/Merged
- Employees
-
160

- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$125M
WorkMarket General Information
Description
Developer of a SaaS labor automation platform designed to help companies build and scale a flexible workforce. The company's cloud-based freelance management software provides recruiting tools to consolidate every aspect of freelance management into one simple dashboard, verify skills and credentials through automated screening, engage with professionals through talent pools, pay workers instantly, automatically and by any method as well as rate worker performance, enabling companies to radically simplify how they manage their freelancers and allow freelancers to find work based on their unique profile and skill sets.
Contact Information
(Operating Subsidiary)
- 240 West 37th Street
- 10th Floor
- New York, NY 10018
- United States
WorkMarket Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
7. Merger/Acquisition | 22-Jan-2018 | $125M | 0000 | 00000 | Completed | Generating Revenue |
6. Later Stage VC (Series C1) | 25-Apr-2017 | 0000 | 0000 | 0000 | Completed | Generating Revenue |
5. Later Stage VC (Series C) | 15-Jan-2015 | 0000 | 0000 | 000.00 | Completed | Generating Revenue |
4. Buyout/LBO (Add-on) | 21-Nov-2014 | Cancelled | Generating Revenue | |||
3. Early Stage VC (Series B) | 23-May-2013 | 000 | 0000 | 0000 | Completed | Generating Revenue |
2. Early Stage VC (Series B) | 07-Sep-2011 | $5M | $11M | 0000 | Completed | Generating Revenue |
1. Early Stage VC (Series A) | 04-Jun-2010 | $6M | $6M | 000.00 | Completed | Generating Revenue |
WorkMarket Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series C1 | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Series C | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Series Scale | 5,323,531 | $0.000100 | $0.15 | $1.88 | $1.88 | 1x | $1.57 | 8.51% |
Series A | 6,764,706 | $0.000100 | $0.07 | $0.89 | $0.89 | 1x | $0.89 | 9.03% |
WorkMarket Comparisons
Industry
Financing
Details
WorkMarket Competitors (31)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
SmartRecruiters | Venture Capital-Backed | San Francisco, CA | 000 | 00000 | 00000000000 | 00000 |
00000 (000 0000000 | Private Equity-Backed | San Francisco, CA | 000 | 00000 | 000000000000 | 00000 |
000 00000000 | Private Equity-Backed | Bee Cave, TX | 000 | 00000 | 0000000 0000 | 00000 |
000000000 (00000 0 | Venture Capital-Backed | Mumbai, India | 00 | 000 | 000000 - 000 | 000 |
00000 000000 | Venture Capital-Backed | Minneapolis, MN | 0000 | 000.00 | 0000000000 0 | 000.00 |
WorkMarket Executive Team (18)
Name | Title | Board Seat | Contact Info |
---|---|---|---|
Liz Suh | Director of Finance and Accounting | ||
Jeffrey Wald | Co-Founder & Senior Vice President | ||
Jenny Loan | Vice President of Finance |
WorkMarket Signals
WorkMarket Former Investors (8)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
137 Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
Accenture | Corporation | Minority | 000 0000 | 000000 0 | |
Foundry Group | Venture Capital | Minority | 000 0000 | 000000 0 | |
Industry Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
SVB Financial Group | Corporation | Minority | 000 0000 | 000000 0 |
WorkMarket Acquisitions (1)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
0000000 | 09-Aug-2017 | 0000000000 | Media and Information Services (B2B) | 0000000 0 |