WorkMarket Overview

  • Year Founded
  • 2010

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 160

Employees

  • 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 and contractor management system provide 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 automate everything from onboarding to payment so they grow their business and not administrative burden.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 240 West 37th Street
  • Room 301
  • New York, NY
  • United States
Primary Industry
Business/Productivity Software
Other Industries
Human Capital Services
Automation/Workflow Software
Parent Company
Vertical(s)
Corporate Office
  • 240 West 37th Street
  • Room 301
  • New York, NY
  • United States

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WorkMarket Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Merger/Acquisition 22-Jan-2018 $125M Completed Generating Revenue
6. Later Stage VC (Series C1) 25-Apr-2017 Completed Generating Revenue
5. Later Stage VC (Series C) 15-Jan-2015 Completed Generating Revenue
4. Buyout/LBO (Add-on) 21-Nov-2014 Cancelled Generating Revenue
3. Early Stage VC (Series B) 23-May-2013 Completed Generating Revenue
2. Early Stage VC (Series B) 07-Sep-2011 $5M $11M Completed Generating Revenue
1. Early Stage VC (Series A) 04-Jun-2010 $6M $6M Completed Generating Revenue
To view WorkMarket’s complete valuation and funding history, request access »

WorkMarket Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series C1
Series C
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%
To view WorkMarket’s complete cap table history, request access »

WorkMarket Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a SaaS labor automation platform designed to help companies build and scale a flexible workforce. The compa
Business/Productivity Software
New York, NY
160 As of 2018

Indianapolis, IN
 

London, United Kingdom
 
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WorkMarket Competitors (34)

One of WorkMarket’s 34 competitors is Jobvite, a Private Equity-Backed company based in Indianapolis, IN.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Jobvite Private Equity-Backed Indianapolis, IN
Avature Accelerator/Incubator Backed London, United Kingdom
SmartRecruiters Venture Capital-Backed San Francisco, CA
Lever (San Francisco) Private Equity-Backed San Francisco, CA
Toptal Venture Capital-Backed Wilmington, DE
You’re viewing 5 of 34 competitors. Get the full list »

WorkMarket Patents

WorkMarket Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20130232062-A1 Systems and methods for providing online market Inactive 01-Mar-2012

WorkMarket Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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WorkMarket Former Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
137 Ventures Venture Capital Minority
Accenture Corporation Minority
Foundry Group Venture Capital Minority
Industry Ventures Venture Capital Minority
S12F Venture Capital Minority
You’re viewing 5 of 9 investors. Get the full list »

WorkMarket Acquisitions (1)

WorkMarket’s most recent deal was a Merger/Acquisition with OnForce. The deal was made on 09-Aug-2017.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
OnForce 09-Aug-2017 Merger/Acquisition Media and Information Services (B2B)
To view WorkMarket’s complete acquisitions history, request access »

WorkMarket FAQs

  • When was WorkMarket founded?

    WorkMarket was founded in 2010.

  • Where is WorkMarket headquartered?

    WorkMarket is headquartered in New York, NY.

  • What is the size of WorkMarket?

    WorkMarket has 160 total employees.

  • What industry is WorkMarket in?

    WorkMarket’s primary industry is Business/Productivity Software.

  • Is WorkMarket a private or public company?

    WorkMarket is a Private company.

  • What is the current valuation of WorkMarket?

    The current valuation of WorkMarket is .

  • What is WorkMarket’s current revenue?

    The current revenue for WorkMarket is .

  • How much funding has WorkMarket raised over time?

    WorkMarket has raised $61M.

  • Who are WorkMarket’s investors?

    137 Ventures, Accenture, Foundry Group, Industry Ventures, and S12F are 5 of 9 investors who have invested in WorkMarket.

  • Who are WorkMarket’s competitors?

    Jobvite, Avature, SmartRecruiters, Lever (San Francisco), and Toptal are some of the 34 competitors of WorkMarket.

  • When was WorkMarket acquired?

    WorkMarket was acquired on 22-Jan-2018.

  • Who acquired WorkMarket?

    WorkMarket was acquired by Automatic Data Processing.

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