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 freelance management and payment solution. Work Market has raised $66M in funding from Union Square Ventures and Spark Capital. The company has 666 active competitors, including 80 funded and 81 that have exited. Its top competitors include companies like Beeline, Legion and Deputy.
Company Details
WorkMarket is a freelance management and payment solution. The product is an AI-based freelance management software solution that allows employers to organize, manage, pay, report, automate work hours of the freelancers.
- 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
8th among 666 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 | 4330755 | Series D | 8425495 | 8317492 | 1651042 | 9671354 |
Jan 28, 2015 | 6820161 | Series C | 8215968 | 5616854 | 7052764 | |
May 13, 2013 | 3452620 | Series B | 2327681 | 7930505 | 6364193 |
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 Deputy. 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 | Deputy 2008, Atlanta (United States), Series B | Provider of workforce management platform for scheduling, HR, and compliance | $143M | 71/100 | |
4th | Yoobic 2014, New York City (United States), Series C | Frontline employee experience platform for managing operational tasks | $97.2M | 70/100 | |
5th | WorkForce Software 1999, Livonia (United States), Acquired | Provider of suite solutions for contingent workforce management | $188M | 70/100 | |
6th | Assembled San Francisco (United States), Series B | Developer of workforce management portal | $70.7M | 69/100 | |
7th | Shiftsmart 2015, New York City (United States), Series B | Application based platform offering employee scheduling solution | $117M | 66/100 | |
8th | Work Market 2010, New York City (United States), Acquired | freelance management and payment solution | $66M | 66/100 | |
9th | Nowsta 2015, Brooklyn (United States), Series C | Web based Mobile workforce management software | $93M | 64/100 | |
10th | Lumber 2023, California City (United States), Series A | Construction time tracking and payroll software | $21M | 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 geography:
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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