| Market Capitalization (Millions $) |
1,174 |
| Shares
Outstanding (Millions) |
130 |
| Employees |
630 |
| Revenues (TTM) (Millions $) |
788 |
| Net Income (TTM) (Millions $) |
102 |
| Cash Flow (TTM) (Millions $) |
12 |
| Capital Exp. (TTM) (Millions $) |
29 |
Business Description
Upwork Inc. is an online platform that connects businesses and individuals with freelance professionals across the world. The company was founded in 2015 after the merger of two leading platforms, Elance and oDesk. Today, Upwork has a user base of over 12 million freelancers and businesses, offering more than 5,000 skill categories globally.
Upwork offers freelancers and businesses a wide range of services that facilitate the hiring and onboarding process. The platform provides curated talent matching, time tracking, invoicing, and collaboration tools to make remote work easy and efficient. Upwork also offers a range of support services such as project management, legal, healthcare, financial, and education that help businesses manage and grow their freelance workforces.
As a global platform, Upwork allows freelancers and businesses to work together from anywhere in the world, without geographic barriers. The platform has a sophisticated algorithm that matches freelancers with relevant projects, and businesses with the right talent. This algorithm is based on the freelancer's profile, skills, work history, and ratings.
Upwork is known for its highly secure and scalable platform. The company is GDPR and SOC 2 Type II compliant, meeting the highest standards of data security and privacy. The platform ensures that all clients and freelancers are verified before they begin working together, and that all transactions are secure and protected.
Upwork has transformed the freelance economy by providing a flexible and reliable platform for remote work. It has democratized access to global talent, providing businesses with a cost-effective solution for their staffing needs, and freelancers with a platform to showcase their skills and work on projects they love. Upwork is committed to empowering professionals to succeed in the new world of work, and to build better businesses, better lives, and a better world.
Company Address: 530 Lytton Avenue Palo Alto, 94301 CA
Company Phone Number: 316-7500 Stock Exchange / Ticker: NASDAQ UPWK
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176.13 %