What is Fiverr?
Fiverr International Ltd. operates as a leading online marketplace, connecting businesses of all sizes with a vast pool of skilled freelancers. The platform specializes in digital services, spanning over 700 categories. Established in 2010 by Micha Kaufman and Shai Wininger, Fiverr pioneered the "Service-as-a-Product" (SaaP) model. This innovative approach allows freelancers to list their services, termed "Gigs," at fixed price points, thereby simplifying the procurement of creative, technical, and professional services for buyers. This model has been instrumental in revolutionizing the gig economy by making freelance services as accessible as e-commerce purchases.
How much funding has Fiverr raised?
Fiverr has raised a total of $110M across 5 funding rounds:
Angel/Seed
$1M
Series A
$4M
Series B
$15M
Series C
$30M
Series D
$60M
Angel/Seed (2010): $1M with participation from Guy Gamzu and Jonathan Kolber
Series A (2011): $4M led by Guy Gamzu, Bessemer Venture Partners, and Jonathan Kolber
Series B (2012): $15M supported by Accel and Bessemer Venture Partners
Series C (2014): $30M featuring Accel, Qumra Capital, and Bessemer Venture Partners
Series D (2015): $60M backed by Accel, Square Peg Capital, Qumra Capital, and Bessemer Venture Partners
Key Investors in Fiverr
Accel
Accel Inc. is a leading contract packaging company based in Columbus, Ohio, specializing in copacking and assembly services since 1995. They offer a wide range of packaging solutions including blister, gift sets, rigid boxes, and shrink wrap, catering to industries such as food, cosmetics, personal care, and healthcare. With a focus on quality, engineering innovation, and scalable operations, Accel Inc. aims to transform product visions into captivating packaged goods. Their commitment to diversity and inclusion ensures a flexible labor model that meets the unique needs of each project.
Bessemer Venture Partners
Bessemer Venture Partners (Bessemer) is a venture capital firm. The firm has offices in San Francisco, Redwood City, New York City, Boston, Israel, and India. It was established in 1911 as Bessemer Securities. It's headquarters is at Menlo Park, California, US.
Square Peg Capital
Square Peg is a venture capital firm that invests in emerging technology companies across the internet economy in Australia and New Zealand, Southeast Asia, and Israel.
What's next for Fiverr?
With its recent major strategic investment and a history of significant capital infusions, Fiverr is well-positioned for its next phase of expansion. The company's enterprise-level funding context suggests a focus on scaling operations, potentially through strategic acquisitions, further technological development, and deepening its market penetration in key global regions. Fiverr's ongoing commitment to innovation within the freelance economy indicates a strategic direction aimed at solidifying its position as a dominant force in the digital services marketplace, likely exploring new service verticals and enhancing user experience for both freelancers and clients.
See full Fiverr company page
