Fiverr

#5330

Rank

$1.1B

Marketcap

Israel

Country

Leadership team

Mr. Micha Kaufman (Co-Founder, CEO & Chairman)

Mr. Ofer Katz (Pres & CFO)

Ms. Hila Klein (Chief Operating Officer)

Products/ Services

Advertising, Collaborative Consumption, Marketplace, Outsourcing, Task Management

Number of Employees

500 - 1000

Headquarters

Tel Aviv, Tel Aviv, Israel

Established

2010

Company Registration

SEC CIK number: 0001762301

Revenue

100M - 500M

Traded as

FVRR

Social Media

URL

https://www.fiverr.com

Overview

Location

Recognition and Award

References

Summary

Fiverr International Ltd. operates an online marketplace worldwide. Its platform enables sellers to sell their services and buyers to buy them. The company's platform includes approximately 550 categories in nine verticals, including graphic and design, digital marketing, writing and translation, video and animation, music and audio, programming and technology, business, data, and lifestyle. It also offers Fiverr Workspace, which provides freelancers a software solution to manage invoicing, contracts, time tracking, and organizing workflow; Fiverr Learn and CreativeLive that offers learning and development offerings for freelancers; ClearVoice, a subscription based content marketing platform; and Stoke Talent, a freelancer management system. In addition, the company provides back office and creative talent platforms. Its buyers include businesses of various sizes, as well as sellers comprise a group of freelancers and small businesses. The company was incorporated in 2010 and is headquartered in Tel Aviv-Yafo, Israel.

History

Fiverr was founded by Micha Kaufman and Shai Wininger. The founders came up with the concept of a marketplace that would provide a two-sided market for people to buy and sell a variety of digital services typically offered by freelance contractors. Services offered on the site include writing, translation, graphic design, video editing and programming. Fiverr's services start at US$5, and can go up to thousands of dollars.In December 2013, Fiverr released their iOS app in the Apple App Store, and in March 2014 the company published their Android app in the Google Play store.In October 2015, Amazon.com started legal action against 1,114 Fiverr sellers it claims provide fake reviews on the US version of its website. Fiverr did not dispute Amazon's allegations and stated: "As Amazon noted, we have worked closely together to remove services that violate our terms of use, and respond promptly to any reports of inappropriate content." Amazon filed suit after an undercover sting.In November 2015, Fiverr announced that it had raised US$60 million in a Series D round of funding, led by Square Peg Capital. The round brought their total funding to date to $110 million.In June 2019, it listed on NYSE. On February 18, 2021, the company reported $189.5 million in revenue for the 2020 fiscal year, a 77% increase from the previous fiscal year .

Mission

To shape the future of work, every day.

Vision

Our vision is to be the world’s leading online marketplace for services and to create an ecosystem that enables successful business outcomes for freelancers and buyers alike.

Key Team

Mr. Gil Sheinfeld (Chief Technology Officer)

Ms. Gali Arnon (Chief Marketing Officer)

Mr. Shai Wininger (Co-Founder)

Ms. Maya Tracey (Investor Relations Mang.)

Gurit Kainnan Vardi (Exec. VP & Gen. Counsel)

Mr. Brent Messenger (Global Head of Community)

Mr. Chris Lane (Global Head of Digital)

Recognition and Awards

Fiverr has been recognized and have won several awards, including Forbes Magazine's Top 100 Most Promising Companies in America in 2018 and 2019, Fast Company's Top 50 Most Innovative Companies in the World in 2016 and 2019, and Inc. Magazine’s 500/5000 fastest growing companies in America in 2014 and 2015.