Work Market - About the company
Work Market is an acquired company based in New York City (United States), founded in 2010 by Jeffrey Leventhal. It operates as a Provider of software for managing independent contractor onboarding and payments. Work Market has raised $66M in funding from Union Square Ventures and Spark Capital. The company has 683 active competitors, including 82 funded and 81 that have exited. Its top competitors include companies like Beeline, Legion and UKG.
Company Details
Provider of software for managing independent contractor onboarding and payments. This system automates verification workflows, tax documentation, and invoice processing for businesses utilizing non-employee labor. It facilitates the organization of talent into pools based on specific skill sets and requirements. The platform includes tools for tracking work assignments and integrating with existing accounting or administrative systems to streamline operational tasks.
- Website
- www.workmarket.com/
Key Metrics
Founded Year
2010
Location
New York City, United States
Stage
Acquired
Total Funding
$66M in 5 rounds
Latest Funding Round
Investors
Ranked
9th among 683 active competitors
Employee Count
679 as on Jan 31, 2026
Exit Details
Acquired by ADP (Jan 22, 2018)
Legal entities associated with Work Market
Work Market is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
RESOURCES ENTERPRISE SERVICES LLC CIN: 4357192 , United States, Active | Feb 07, 2013 | - | - | - |
WORK MARKET, INC. CIN: 32066882930 , United States, Active | May 12, 2020 | - | - | - |
Work Market's acquisition details
Work Market got acquired by ADP on Jan 22, 2018.
Click here to take a look at Work Market's acquisition in detail
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Work Market's funding and investors
Work Market has raised a total funding of $66M over 5 rounds. Its first funding round was on Jun 16, 2010. Its latest funding round was a Series D round on Apr 25, 2017 for $*****. 2 investors participated in its latest round. Work Market has 9 institutional investors.
Here is the list of recent funding rounds of Work Market:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 25, 2017 | 1255891 | Series D | 2218652 | 8546658 | 8640388 | 5367759 |
Jan 28, 2015 | 6699654 | Series C | 4457553 | 7416197 | 4890408 | |
May 13, 2013 | 3186840 | Series B | 2883454 | 2987243 | 9542524 |
View details of Work Market's funding rounds and investors
Work Market's founders and board of directors
Founder? Claim ProfileThe founders of Work Market is Jeffrey Leventhal.
Here are the details of Work Market's key team members:
- Jeffrey Leventhal: Co-Founder & CEO of Work Market and founder of 1 other company. They serve on the board of 1 company.
View details of Work Market's Founder profiles and Board Members
Work Market's employee count trend
Work Market has 679 employees as of Jan 26. Here is Work Market's employee count trend over the years:
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Work Market's Competitors and alternates
Top competitors of Work Market include Beeline, Legion and UKG. Here is the list of Top 10 competitors of Work Market, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Beeline 1999, Jacksonville (United States), Acquired | Provider of extended workforce management platform and related solutions | $45M | 77/100 | |
2nd | Legion 2016, San Francisco (United States), Series C | AI-based workforce management software solution | $195M | 76/100 | |
3rd | UKG 1977, Lowell (United States), Early Stage | Provider of human capital management, workforce management, and payroll solutions for businesses | $6.09M | 74/100 | |
4th | Deputy 2008, Atlanta (United States), Series B | Provider of workforce management platform for scheduling, HR, and compliance | $143M | 71/100 | |
5th | WorkForce Software 1999, Livonia (United States), Acquired | Provider of suite solutions for contingent workforce management | $188M | 70/100 | |
6th | Yoobic 2014, New York City (United States), Series C | AI-powered retail operations platform for frontline teams | $80.3M | 70/100 | |
7th | Assembled San Francisco (United States), Series B | Developer of workforce management portal | $70.7M | 69/100 | |
8th | Shiftsmart 2015, New York City (United States), Series B | Application based platform offering employee scheduling solution | $117M | 66/100 | |
9th | Work Market 2010, New York City (United States), Acquired | Provider of software for managing independent contractor onboarding and payments | $66M | 66/100 | |
10th | Nowsta 2015, Brooklyn (United States), Series C | Web based Mobile workforce management software | $93M | 64/100 |
Looking for more details on Work Market's competitors? Click here to see the top ones
Work Market's Investments and acquisitions
Work Market has acquired 2 companies including OnForce and OnForce. Work Market has not made any investments as of now.Reports related to Work Market
Here is the latest report on Work Market's sector:
News related to Work Market
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Automation Anywhere Appoints Two Industry Veterans to its Global Leadership TeamAutomation Anywhere•Sep 17, 2019•Automation Anywhere, Work Market, RingCentral, HP
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ADP acquires workforce management software startup WorkMarketmmotimes.com•Jan 21, 2018•ADP, Work Market, Accenture, SoftBank
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WorkMarket acquires FMS OnForce from AdeccoStaffing Industry Analysts•Aug 09, 2017•Work Market, Adecco Group, OnForce
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Work Market raises $25 million, Accenture makes minority investmentStaffing Industry Analysts•Apr 26, 2017•Work Market
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