Upwork (formerly oDesk)
NASDAQ: UPWKUnicorn · $1.5BIncorporated in Delaware · 13 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

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Investors · 13
Valuation · disclosed
Disclosed eventsSource: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.
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Frequently asked questions
- What does Upwork (formerly oDesk) 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 (formerly oDesk)'s investors?
- Upwork (formerly oDesk)'s investors include 408 Ventures, Dag Ventures, FirstMark Capital, Garage Capital, Globespan Capital Partners, Jackson Square Ventures, Mutual Capital Partners, New Enterprise Associates (NEA) and 5 more.






