Freelance Platforms Industry Overview
The freelance platforms market is fragmented, with numerous players operating globally. Key players in the market include Upwork Global Inc., Fiverr International Ltd, Guru.com, Skyword Inc., and Freelancer Limited. These companies face intense competition and are actively pursuing inorganic strategies such as mergers, acquisitions, and partnerships.
- December 2023: SAP Fieldglass and Flextrack announced that they are planning to partner with Upwork to deliver a more comprehensive and unified approach to workforce management. These integrations and partnerships would help Upwork customers drive efficiency and optimize and scale their overall workforces, including workers, independent talent, and full-time employees.
- August 2023: WorkGenius acquired Expertlead, a Berlin-based technology firm known for matching tech freelancers with companies and offering peer-to-peer live coding assessments, for USD 150 million. Expertlead's services and products, including their assessment technology, will be fully integrated into WorkGenius, expanding WorkGenius's reach in the technology freelance market. Both WorkGenius and Expertlead's clients will benefit from the synergies of the combined platforms.
Freelance Platforms Market Leaders
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Upwork Global Inc.
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Fiverr International Ltd.
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Skyword, Inc.
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Guru.com
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Freelancer Limited
- *Disclaimer: Major Players sorted in no particular order