About Work Market
Work Market is a company based in New York (United States) founded in 2010 was acquired by ADP in January 2018.. Work Market has raised $66 million across 5 funding rounds from investors including SVB, ADP and Accenture. Work Market has completed 1 acquisition, including OnForce. Work Market offers products and services including Onboard & Verify, Pay, Organize Talent, and Manage Assignments. Work Market operates in a competitive market with competitors including Legion, WorkJam, Harri, Eden Workplace and ZingHR, among others.
- Headquarter New York, United States
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Workmarket, Inc.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Work Market
Work Market offers a comprehensive portfolio of products and services, including Onboard & Verify, Pay, Organize Talent, and Manage Assignments. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
System for attracting and verifying contractor qualifications
Tool for quick and scalable contractor payments globally
Platform to create and manage pre-vetted talent pools
System for tracking and ensuring work deliverables
Unlock access to complete
Funding Insights of Work Market
Work Market has successfully raised a total of $66M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $25 million completed in April 2017. 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 Total Funding
- Total Rounds 5
- Last Round Series D — $25.0M
-
First Round
First Round
(16 Jun 2010)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2017 | Amount | Series D - Work Market | Valuation |
investors |
|
| Jan, 2015 | Amount | Series C - Work Market | Valuation | Union Square Ventures | |
| May, 2013 | Amount | Series B - Work Market | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Work Market
Work Market has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include SVB, ADP and Accenture. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital is invested in early-stage tech startups.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on blockchain, wellbeing, and multiple sectors
|
Founded Year | Domain | Location | |
|
Spark Capital is engaged in venture capital investments.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Work Market
Work Market has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include OnForce. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Open marketplace for talent exchange
|
2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Work Market
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Work Market Comparisons
Competitors of Work Market
Work Market operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Legion, WorkJam, Harri, Eden Workplace and ZingHR, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Workforce management solutions are provided through intelligent automation technology.
|
|
| domain | founded_year | HQ Location |
Hourly workforce schedules and communications are managed via software.
|
|
| domain | founded_year | HQ Location |
Recruitment and workforce management are offered for hospitality.
|
|
| domain | founded_year | HQ Location |
SaaS-based workplace management software for offices is delivered.
|
|
| domain | founded_year | HQ Location |
Cloud-based HCM software is provided for enterprise HR processes.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Work Market
Frequently Asked Questions about Work Market
When was Work Market founded?
Work Market was founded in 2010.
Where is Work Market located?
Work Market is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Work Market a funded company?
Work Market is a funded company, having raised a total of $66M across 5 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Jun 16, 2010.
What does Work Market do?
WorkMarket was founded in 2010 in New York, United States. An AI-based software platform is provided for freelance management and payments. Employers are assisted in organizing freelancers, managing workflows, processing payments, generating reports, and automating work hours. The solution operates within the freelance services sector, supporting businesses across various industries from its U.S. base.
Who are the top competitors of Work Market?
What products or services does Work Market offer?
Work Market offers Onboard & Verify, Pay, Organize Talent, and Manage Assignments.
How many acquisitions has Work Market made?
Work Market has made 1 acquisition, including OnForce.
Who are Work Market's investors?
Work Market has 8 investors. Key investors include SVB, ADP, Accenture, Foundry, and Union Square Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.