About Work Market
Work Market is a Technology company based in New York (United States) founded in 2010, and was acquired by ADP in January 2018. Freelance management, payments, and reporting are facilitated by AI software. 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. Its website workmarket.com draws about 451 thousand monthly visits. Work Market offers products and services including Onboard & Verify, Pay, Organize Talent, and Manage Assignments. Its focus areas include Gig Economy, Gig Employer IT, Contingent Workforce Management and Freelancers. Its legal entity is WorkMarket, Inc. Its competitors include Legion, Harri and Eden Workplace; 3 of its 3 listed competitors have raised funding.
Company details
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.
Products & Services of Work Market
Work Market offers a comprehensive portfolio of products and services, including Onboard & Verify, Pay, Organize Talent, and Manage Assignments.
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
Apps and channels of Work Market
its YouTube channel WorkMarket by ADP has 851 subscribers and 3 videos.
Videos from Work Market
The most watched videos on Work Market's YouTube channel, WorkMarket by ADP (851 subscribers). Click a video to play it here.
More on WorkMarket by ADP.
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 $66M
- Total Rounds 5
- Last Round Series D — $25M
- First Round $6M
(Jun 2010)
- Investors Count 7
All 5 funding rounds of Work Market with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2017 | $25M | Series D | – | – | |
| Jan 2015 | $20M | Series C | – | Union Square Ventures | |
| May 2013 | $10M | Series B | – | – | |
| Sep 2011 | $5M | Series A | – | – | – |
| Jun 2010 | $6M | Series A | – | Union Square Ventures, Spark Capital | – |
8 investors in total: 8 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is invested in early-stage tech startups. | foundry.vc | Boulder, United States | ||
Venture capital firm focused on blockchain, wellbeing, and multiple sectors | usv.com | New York, United States | ||
Spark Capital is engaged in venture capital investments. | sparkcapital.com | San Francisco, United States | ||
Investments in private tech ecosystem are made by Industry Ventures. | industryventures.com | San Francisco, United States | ||
IT and management consultancy services are provided globally. | 1989 | accenture.com | Dublin, Ireland | |
PE and VC fund focused on fintech, Adtech, gaming, eCommerce, and multiple sectors | softbank.com | Newton, United States | ||
Banking services are provided to innovative companies, investors, and individuals. | 1983 | svb.com | Santa Clara, United States | |
Cloud-based HR management solutions are offered for payroll and compliance. | 1949 | adp.com | Roseland, United States |
Investor details for Work Market
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Work Market
33 people are tracked at Work Market (5 in leadership, 28 in team).
| Name | Role | Group |
|---|---|---|
Stephen DeWitt | CEO | Leadership |
Isabel Espina | VP Product Development/cto | Leadership |
Candis Dalrymple | Vice President Of Sales | Leadership |
Kirill Kouklinski | Sr Director Software Engineering | Leadership |
Tiffany Callahan | Director Of Business Development | Leadership |
Alyzabeth Rogers | Senior Account Manager | Team |
Kenny Linsky | Senior Lead Software Engineer | Team |
Andrew Arhangelski | Senior Lead Software Engineer, Front-end | Team |
Viorel C. | Information Technology Specialist | Team |
Aparna Nagarajan | Development Team Lead | Team |
Francis Pei | Principal Product Manager - Mobile App And Core Platform | Team |
Christine Chan | Manager - Software Engineering | Team |
Stevi Laas | Enterprise Sales Executive | Team |
Ruben Candelario | Lead Technical Specialist | Team |
Victoria Gray | Tehcnology Contractor | Team |
Luis Smith | Senior Front End Engineer | Team |
Alex Silva | Lead Software Engineer | Team |
Bruno Orlando | Senior Engineering Manager | Team |
Erick Latkowsky | Field Technician | Team |
Jason Carmouche | Field Services Engineer | Team |
13 more people are available in the full profile.
Complete people profiles for Work Market
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Work Market
Work Market has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include OnForce.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Open marketplace for talent exchange | onforce.com | Lexington, United States | 2003 | Aug 2017 | •••• |
Complete acquisition details for Work Market
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Timeline of Work Market
Competitors of Work Market
Work Market has 3 listed competitors in our database, 3 of them funded. They include Legion, Harri and Eden Workplace.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| legion.co | 2016 | San Francisco, United States | $182.5M | 107 | Workforce management solutions are provided through intelligent automation technology. | |
| harri.com | 2012 | New York, United States | $73M | 68 | Recruitment and workforce management are offered for hospitality. | |
| edenworkplace.com | 2015 | San Francisco, United States | $41.61M | 31 | SaaS-based workplace management software for offices is delivered. |
Detailed competitors of Work Market
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Work Market
The website of Work Market (workmarket.com) receives about 450.7K visits a month.
- Monthly visits450.7K
▲ 9.8% vs previous month
Websites whose visitors overlap most with Work Market. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
swapaskill.com | swapaskill.com | 100% | #14,267,249 | – | |
| lastpass.com | 97% | 24.6M | #2,627 | View details | |
| onforce.com | 95% | View details | |||
| speedtest.net | 94% | 115M | #438 | View details | |
ambientweather.net | ambientweather.net | 93% | #72,465 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Work Market
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
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Verified entity values are shown only after access is granted.
Top companies in HR & Workforce Technology
3 companies that operate in the same segment as Work Market (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | 1,695 | ||
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M |
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Related news about Work Market
Complete news archive for Work Market
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Frequently Asked Questions about Work Market
Work Market was founded in 2010.
Work Market is headquartered in New York, United States. It is registered at New York, New York, United States.
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 A of $6M, raised on Jun 2010.
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.
Work Market's top competitors include Legion, Harri and Eden Workplace.
Work Market offers Onboard & Verify, Pay, Organize Talent, and Manage Assignments.
Work Market has made 1 acquisition, including OnForce.
Work Market has 8 investors. Key investors include SVB, ADP, Accenture, Foundry, and Union Square Ventures.
Work Market operates through Workmarket, Inc..
Yes. Work Market was acquired by ADP in January 2018.
The website of Work Market receives about 451 thousand visits a month.