Stoke Talent is a company that is based out of London, and is a firm that specializes in scouting talent for tech companies. Now, Fiverr, a global leader in e-commerce, is acquiring Stoke Talent. This move will help boost the growth of Fiverr as well as Stoke Talent.
Fiverr is acquiring Stoke Talent
Fiverr International has announced the acquisition of an Israeli online freelance management platform called Stoke Talent for $95 million. The company said that the Stoke acquisition is meant to expand its capabilities in both the offline and online freelancing markets.
Stoke Talent is an all-in-one, intuitive platform that allows companies to manage their entire freelance talent pool. It also features tools for onboarding and tracking budgets, milestones, and payments. Currently, the company has about thirty full-time employees. In addition to the core management tool, the platform offers solutions for legal compliance, tax compliance, and workforce classification compliance.
Fiverr and Stoke will work together to integrate their products into the Fiverr platform. This will enable customers to benefit from synergy between the products. Additionally, the two companies will be able to offer their services to firms with freelancers.
Meanwhile, Stoke Talent said that the acquisition is a great way to boost their go-to-market strategy. “Our vision is to make it easier for businesses to utilize freelance talent, and to do so without the hassles that can come with working with independent contractors. By integrating our talent management tools into the Fiverr platform, we’ll significantly expand our capabilities,” says Shahar Erez, Stoke’s founder and CEO.
Founded in 2009, Fiverr competes against rivals such as Upwork, Freelancer, and Dribbble. It has offices in New York, Miami, and Berlin.
Fiverr is a global leader in e-commerce
Fiverr is an e-commerce company that provides a platform to connect businesses with professional freelancers. It also provides sellers with tools and resources that enable them to reach a large buyer universe.
Fiverr’s primary target market is buyers. These buyers look for freelancers who can provide a specific service. Buyers can access a large database of sellers, and the process is fast and easy. The marketplace is powered by machine learning technology. Customers can also rate services, ask for revisions, and submit comments.
Fiverr also offers a range of value-added products. This ecosystem allows the company to earn a second revenue stream. As a result, it is investing in marketing and product development.
Fiverr has launched several new products, including a product to manage the workflow of a freelancer’s team. In addition, it is investing in data science technologies.
Fiverr also has a customer success team to help users make the most of their new features. For example, the company’s technology can detect anomalous behaviors in data, and it can automatically alert Fiverr of problems.
Fiverr is one of the biggest players in the gig economy. Thanks to a shift in the mindset of remote workers, the freelancing industry has flourished. With Fiverr, a seller can reach a larger audience and have better control over his business.
Fiverr is a tech company
Fiverr is a tech company worth keeping an eye on. This company has a stockpile of vetted professionals spanning more than 160 countries, making it the python of freelancers. The company has an impressive list of accolades, including being named as one of the top 20 companies to work for in New York by the Wall Street Journal. They recently took home the gold award in the aforementioned WSJ survey, as well as being voted the best place to work by their employees.
As a newcomer to the field, Fiverr is on the lookout for more than just talent. They are also looking to reimagine how work gets done. While the company’s offerings are already on par with the likes of Upwork, it’s looking to expand its arsenal of software solutions. By partnering with the right people, Fiverr is able to take their offering to the next level.
They recently announced the acquisition of Stoke Talent, a boutique company specializing in helping organizations and enterprises manage their online freelance talent. In particular, they are looking to expand their B2B offerings and bolster their go-to-market strategy. Having acquired Stoke Talent, Fiverr is now able to provide their clients with the tools to help them hire the right talent, keep track of their costs, and more.