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
Primary Industry
Business/Productivity Software
Other Industries
Automation/Workflow Software
Human Capital Services
Parent Company
Corporate Office
  • 240 West 37th Street
  • Room 301
  • New York, NY
  • United States

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

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
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 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%
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
0000
00000 0000-00-00
000000&0 0000

000000

um dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proide
00000000000000000000
Indianapolis, IN
000 As of 0000
000.00
0000 00000. 000.00

00000

co laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in rep
00000000000000000000
San Francisco, CA
000 As of 0000
00000
000000000000 00000
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

WorkMarket Competitors (33)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Jobvite Private Equity-Backed Indianapolis, IN 000 000.00 0000 00000. 000.00
Lever (San Francisco) Private Equity-Backed San Francisco, CA 000 00000 000000000000 00000
SmartRecruiters Venture Capital-Backed San Francisco, CA 000 00000 00000000000 00000
Zenefits Formerly PE-Backed San Francisco, CA 000 00000 0000
Wonolo Venture Capital-Backed Beaverton, OR 000 00000 000000 - 000 00000
You’re viewing 5 of 33 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 00000000000 0

WorkMarket Executive Team (19)

Name Title Board Seat Contact Info
Alejandro CEO Chief Executive Officer
Jenny Loan Vice President of Finance
You’re viewing 2 of 19 executive team members. Get the full list »

WorkMarket 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

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

WorkMarket Former Investors (9)

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
S12F Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 9 investors. Get the full list »

WorkMarket Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
OnForce 09-Aug-2017 0000000000 Media and Information Services (B2B) 0000000 0
To view WorkMarket’s complete acquisitions history, request access »

WorkMarket FAQs

  • When was WorkMarket founded?

    WorkMarket was founded in 2010.

  • Who is the founder of WorkMarket?

    Glenn Nortman, Jeffrey Wald, and Jeffrey Leventhal are the founders of WorkMarket.

  • Who is the CEO of WorkMarket?

    Alejandro CEO is the CEO of WorkMarket.

  • 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 00000.

  • What is WorkMarket’s current revenue?

    The current revenue for WorkMarket is 000000.

  • 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, Lever (San Francisco), SmartRecruiters, Zenefits, and Wonolo are some of the 33 competitors of WorkMarket.

  • When was WorkMarket acquired?

    WorkMarket was acquired on 22-Jan-2018.

  • Who acquired WorkMarket?

    WorkMarket was acquired by Automatic Data Processing.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »