Fundraising FoxUpwork
NASDAQ: UPWKUnicorn · $1.5BIncorporated in Delaware · 16 known investors
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Upwork operates two interconnected digital platforms that match businesses with independent contractors and agency workers: the Upwork Marketplace, a freelance work platform where clients post projects and pay service fees on transactions, and Lifted, an enterprise-focused platform for managing contingent labor across multiple engagement models including contractors, staff augmentation, and outsourcing. The company generates revenue through transaction fees on both platforms, premium memberships, and managed services.
Founders & leadership
Investors · 16
How we know: 408 Ventures's portfolio page · Not right? Tell us
How we know: Dag Ventures's portfolio page · a partner's Signal profile · Not right? Tell us
How we know: FirstMark Capital's portfolio page · the S-1 prospectus · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
How we know: Globespan Capital Partners's portfolio page · the S-1 prospectus · Not right? Tell us
How we know: Jackson Square Ventures's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Menlo Ventures's portfolio page · Not right? Tell us
How we know: Mutual Capital Partners's portfolio page · Not right? Tell us
How we know: Savano Capital Partners's portfolio page · Not right? Tell us
How we know: the S-1 prospectus · Not right? Tell us
How we know: a partner's Signal profile · Not right? Tell us
How we know: the S-1 prospectus · Not right? Tell us
How we know: the S-1 prospectus · Not right? Tell us
Valuation · disclosed
Disclosed eventsSource: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.
Acquisitions · 1
Early investors' stakes continue via these dealsObjective, Inc. built an AI-native search API platform enabling semantic, multimodal (text, image, video, audio) search for websites and apps via developer SDKs.
Frequently asked questions
- What does Upwork do?
- Upwork operates two interconnected digital platforms that match businesses with independent contractors and agency workers: the Upwork Marketplace, a freelance work platform where clients post projects and pay service fees on transactions, and Lifted, an enterprise-focused platform for managing contingent labor across multiple engagement models including contractors, staff augmentation, and outsourcing. The company generates revenue through transaction fees on both platforms, premium memberships, and managed services.
- Who are Upwork's investors?
- Upwork's investors include 3Spoke Capital, 408 Ventures, Dag Ventures, FirstMark Capital, Garage Capital, Globespan Capital Partners, Jackson Square Ventures, Menlo Ventures and 8 more.