Fundraising Fox

Work Market

Huntington, US · Founded 2010 · Delaware corporation · 3 known investors

workmarket.com

WorkMarket is a platform for onboarding, verifying, and paying independent contractors (1099 workers and freelancers) with features for compliance, work management, and payment processing. The platform serves businesses of all sizes looking to streamline contractor workforce management.

Founders & leadership

Work Market was founded in 2010 by Jeffrey S. Wald and Jeffrey Leventhal.

JS
Jeffrey S. WaldCo-Founder & President/COOformer
JL
Jeffrey LeventhalCo-Founder & Chief Executive Officerformer
SD
Stephen DeWittChief Executive Officerformer

Board

MK
Moshe KoyfmanInvestor Board Directoruntil 2018
JL
Jordan LevyInvestor Board Directoruntil 2018
FWFred Wilson
Fred Wilsonin𝕏Investor Board Director (Union Square Ventures)until 2018Co-founder & Partner at Union Square Ventures
TG
Tig GilliamBoard directoruntil 2018

Investors · 3

Reported raises · per SEC filings

Form D private placements

$20M disclosed across 1 round · 2015

$20MraisedJan 2015 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Stephen DeWittExecutive Officer, Director
  • Tig GilliamDirector
  • Jeffrey S. WaldExecutive Officer, Director
  • Moshe KoyfmanDirector
  • Jordan LevyDirector
  • Jeffrey LeventhalDirector
  • Fred WilsonDirector
Offering amount
$20M
Amount sold
$20M
First sale
Jan 2015
Incorporated
Corporation, Delaware, 2010
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through Work Market went on to found or lead other companies.

Competitors · 10

by search overlap
ADP381 shared keywordsADP provides cloud-based human capital management solutions that integrate payroll, HR, talent management, time and attendance, tax, and benefits administration for businesses globally. The company serves as a comprehensive provider of HCM software and business outsourcing services with analytics and compliance expertise.
Deel299 shared keywordsDeel is a global HR platform that enables businesses to hire, onboard, and manage employees and contractors across borders. The platform handles payroll, compliance, and HR administration for companies managing international workforces.
Intuit®276 shared keywordsIntuit develops financial software products—including TurboTax, Credit Karma, QuickBooks, and Mailchimp—for consumers and small businesses to manage taxes, credit, accounting, and marketing. It serves approximately 100 million customers worldwide.
Oyster271 shared keywordsOyster is a global employment platform that lets companies compliantly hire, pay, and manage full-time employees and contractors in other countries without establishing a local entity. It serves growing companies seeking to build distributed international teams across 60+ countries.
Rippling267 shared keywordsRippling is a workforce management platform that unifies HR, IT, finance, and employee data across a business. It integrates with 600+ applications to help organizations operate more efficiently.
OnPay255 shared keywordsOnPay provides online payroll, HR, and benefits management software for small businesses, handling pay runs, tax calculations, deductions, and compliance. It integrates with accounting software, 401(k) plans, and benefits tools to keep business operations in sync.
Multiplier227 shared keywordsMultiplier provides a global hiring and payroll platform that enables companies to hire, manage, and pay employees and contractors across 150+ countries with automated compliance. The service consolidates local entity setup, payroll processing, and tax compliance in a single platform for remote and distributed teams.
Skuad226 shared keywordsSkuad is a platform that helps companies hire, onboard, pay, and manage remote employees and contractors across 160+ countries. It provides compliant employment contracts, payroll processing, tax compliance, benefits administration, and talent matching services for global teams.
Joist202 shared keywordsJoist is a mobile and web app for contractors to create estimates, send invoices, and collect online payments, along with tools for job notes, expenses, reports, homeowner financing, and an AI receptionist that answers calls and captures leads. It targets contractors handling repairs, installs, remodels, and recurring work who need to manage paperwork and cash flow.
Plane199 shared keywordsPlane is a payroll and HR platform designed for automation-first teams, offering open APIs, CLI, and MCP integrations so agents and software tools can directly manage payroll operations. It serves startups and companies with diverse workforces spanning U.S. employees, global contractors, and EOR hires across 100+ countries.

Companies competing with Work Market for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Work Market do?
WorkMarket is a platform for onboarding, verifying, and paying independent contractors (1099 workers and freelancers) with features for compliance, work management, and payment processing. The platform serves businesses of all sizes looking to streamline contractor workforce management.
Who founded Work Market?
Work Market was founded by Jeffrey S. Wald, Jeffrey Leventhal in 2010.
Who are Work Market's investors?
Work Market's investors include 137 Ventures, Union Square Ventures (USV), SoftBank Group.
How much funding has Work Market raised?
Work Market has disclosed $20M raised across 1 round.
Where is Work Market headquartered?
Work Market is headquartered in Huntington, US.