PeoplePerHour

London, United Kingdom Founded: 2007 • Age: 19 yrs Minicorn
Freelancers are matched with businesses via an online marketplace platform.

About PeoplePerHour

PeoplePerHour is a Technology company based in London (United Kingdom) founded in 2007 by Ioannis Kitiris and Thrasos Thrasyvoulou. Freelancers are matched with businesses via an online marketplace platform. PeoplePerHour has raised $33.19 million across 7 funding rounds from investors including FJ Labs, Index Ventures and Jose Marin. The company has 7 employees. PeoplePerHour was last valued at $379.7 million in October 2012. Its website peopleperhour.com draws about 1.3 million monthly visits. PeoplePerHour offers products and services including Freelance Hiring Platform and AI Assistant Phoenix. Its focus areas include Enterprise Applications, HRTech, Freelancer Marketplace and Multi-Industry. Its legal entity is PEOPLE PER HOUR LTD.

Company details

PeoplePerHour was founded in 2007 in London, United Kingdom, as an online marketplace in the freelance sector. Services are offered to connect self-employed professionals with small and medium-sized businesses. Jobs can be posted, profiles viewed, and communications managed through a single platform. Payments are secured with an initial down-payment, followed by release upon completion, while freelancer performance is evaluated via ratings.

  • Headquarters London, United Kingdom
  • Employees 7
  • Founders Ioannis Kitiris, Thrasos Thrasyvoulou
  • Stage Minicorn
  • Sectors
    Technology
  • Website category Jobs and Career · Jobs and Employment
  • Website peopleperhour.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name People Per Hour Ltd
  • Date of Incorporation 12 Sep, 2007
  • Jurisdiction LONDON, ENGLAND
Key Metrics
  • Total Equity Funding
    $33.19M (USD)

    in 7 rounds

  • Latest Funding Round
    $23M (USD), Series A

    Oct 2012

  • Investors
    FJ Labs

    & 3 more

  • Employee Count
    7

Products & Services of PeoplePerHour

PeoplePerHour offers a comprehensive portfolio of products and services, including Freelance Hiring Platform and AI Assistant Phoenix.

Freelance Hiring Platform
Online Marketplace

Platform for posting projects and hiring freelancers across categories.

AI Assistant Phoenix
AI Services

Tool that matches users with suitable freelancers for tasks.

Funding Insights of PeoplePerHour

PeoplePerHour has successfully raised a total of $33.19M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $23 million completed in October 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $33.19M
  • Total Rounds 7
  • Last Round Series A β€” $23M
  • First Round $465,200

    (Jan 2008)

  • Investors Count 4

All 7 funding rounds of PeoplePerHour with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2012$23MSeries A$379.7M–
Dec 2010$6MSeries A$43.6M–
Feb 2010$706,000Seed$‒‒‒‒‒–
Jun 2009Angel Round––
Apr 2009$616,000Angel Round––
–
Dec 2008$2.4MSeed––
–
Jan 2008$465,200Seed––
–
Valuation history
DateValuationStage
Oct 2012$379.7Mβ€’β€’β€’β€’β€’β€’β€’β€’
Dec 2010$43.6Mβ€’β€’β€’β€’β€’β€’β€’β€’
Feb 2010$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of PeoplePerHour

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Last known valuation $379.7M (Oct 2012). 4 investors in total: 2 institutional and 2 angel.

Investors in PeoplePerHour

PeoplePerHour has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include FJ Labs, Index Ventures and Jose Marin.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital investments in technology startups and entrepreneurs.
indexventures.com
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
2007fjlabs.comNew York, United States

Jose Marin

unknown_cb39b5478a1748d09

Fabrice Grinda

French entrepreneur, angel investor, co-founder of OLX, active in Indian startups
unknown_67cffb23c379413b9
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Investor details for PeoplePerHour

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People of PeoplePerHour

8 people are tracked at PeoplePerHour (4 in leadership, 4 in team); the tracked headcount is 7.

NameRoleGroup
Ioannis Kitiris
Co-FounderLeadership
Thrasos Thrasyvoulou
Co-FounderLeadership
Xenios Thrasyvoulou
Founder & CEOLeadership
Dimitris Karagounis
Director Of OperationsLeadership
Nimesh Kansara
PPH ContractorTeam
Zohaab I.
Strategic AdvisorTeam
Jhemel C.
Administrative AssistantTeam
Haseem Ashraf
Project ManagerTeam
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Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Timeline of PeoplePerHour

4 dated milestones of PeoplePerHour across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded PeoplePerHour is founded.
  2. Funding First funding round of $465K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $23.0M.

Web traffic of PeoplePerHour

The website of PeoplePerHour (peopleperhour.com) receives about 1.3M visits a month and ranks #46,419 among all websites worldwide, #576 in Jobs and Employment.

  • Monthly visits
    1.3M

    ▲ 16.5% vs previous month

  • Unique visitors
    353.9K

    per month

  • Global rank
    #46,419

    among all websites

  • Category rank
    #576

    Jobs and Career · Jobs and Employment

Similar websites

Websites whose visitors overlap most with PeoplePerHour. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
guru.com
100%
616.3K#78,433View details
freelancer.com
84%
4.4M#8,448View details
elance.com
elance.com
75%
–
odesk.com
odesk.com
75%
#3,017,135–
freelancer.co.uk
freelancer.co.uk
75%
#828,468–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Verified entity values are shown only after access is granted.

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Related news about Peopleperhour

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Frequently Asked Questions about PeoplePerHour

PeoplePerHour was founded in 2007 and raised its 1st funding round 1 year after it was founded.

PeoplePerHour is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

PeoplePerHour is a funded company, having raised a total of $33.19M across 7 funding rounds to date. The company's 1st funding round was a Seed of $465.2K, raised on Jan 2008.

PeoplePerHour has 7 employees.

PeoplePerHour was founded in 2007 in London, United Kingdom, as an online marketplace in the freelance sector. Services are offered to connect self-employed professionals with small and medium-sized businesses. Jobs can be posted, profiles viewed, and communications managed through a single platform. Payments are secured with an initial down-payment, followed by release upon completion, while freelancer performance is evaluated via ratings.

PeoplePerHour offers Freelance Hiring Platform and AI Assistant Phoenix.

PeoplePerHour has 4 investors. Key investors include FJ Labs, Index Ventures, Jose Marin, and Fabrice Grinda.

The valuation of PeoplePerHour is $379.7M as of Oct 2012.

PeoplePerHour operates through People Per Hour Ltd.

The website of PeoplePerHour receives about 1.3 million visits a month and ranks #46,419 among all websites worldwide.

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