Services marketplace Fiverr International Ltd. Has scored $30 million from investors who believe the startup can be trade 1,000 Twitter followers, a voiceover with a French accent and other online services in the same way as unpretentious in the same way as trade a put your name down for.
The succession C infusion, which boosts Fiverr’s compute outside wealth to $50 million, willpower be present used to promote a refined version of the four-year-old startup’s artifact being released Monday and go on with its total spreading out.
“We think like an e-commerce company and are offering services in the same way as a artifact,” Fiverr break down and Chief Executive Micha Kaufman thought. “We do them [sellers] the tools to package their services. After that you in the same way as a buyer leave featuring in, search and good buy.”
Like TaskRabbit Inc., Gigwalk Inc., Zirtual Inc. And other online service marketplaces to raise venture funding featuring in topical years, Fiverr is patter a highly connected, underemployed employees.
Unlike TaskRabbit and Gigwalk however, which facilitate errands and tasks performed featuring in person, much of the go to work posted on Zirtual, such in the same way as make inquiries and symbols, or else design marketplace 99Designs Inc., is online and can be present performed from a few location.
Fiverr takes with the aim of exemplary several steps extra, attractive a wider swath of creative and expert freelancers to stake their services featuring in a few of the added than 100 categories ranging from coding featuring in Java and scheming a commerce tag to singing “Happy Birthday” featuring in a adapted capture on tape.
Users rate sellers, in the same way as they perform with eBay and Amazon, with Fiverr relying on the wisdom of the crowds to external the professionals.
Fiverr counts “millions of buyers and sellers” on its platform, which at this point counts added than three million gigs featuring in 196 countries.
In the same way as the startup’s middle name reflects, services start by the side of $5. Prices are elevated based on factors as well as the complexity of the task, age delivered and quality. Fiverr takes 20% of each gig purchased. Mr. Kaufman declined to share revenue.
Bessemer Venture Partners Partner Adam Fisher is an existing investor who participated featuring in the succession C in a circle. Mr. Fisher thought along with the lofty return rate–two-thirds of Fiverr buyers are show again business–the usual gig worth has increased each month since launching.
Folks factors, along with a handful of fate 500 companies with the aim of are introduction to employment the service, makes him bullish on the company.
“Enterprises are interested if we can supply the volume,” thought Mr. Fisher, toting up departments inside a little such companies are at this point using photography and graphic artists from the situate. “Having a fixed worth is what’s innovative at this point.”
Along with expanding to added countries and languages, Fiverr willpower employment the growth in a circle to go on with honing its cell artifact.
It willpower besides finish money on marketing its improved functions designed to quantify the often qualitative nature of services by as well as a range of filters. Along with enabling buyers to added by a long shot obtain the superlative fit, the filters enable the sellers to provide a previously unavailable level of granularity and stick a fixed worth.
On behalf of instance, sellers offering voiceovers willpower at this point be present able to list gender, accent, background tune and level of studio quality.
Qumra wealth led the in a circle, with participation from existing investors Bessemer Venture Partners, Accel Partners and private investors.
Qumra wealth running Partner Erez Shachar joins the board,
Valuation was not disclosed although Mr. Fisher called it “healthy.”
Fiverr employs 130 and has offices featuring in brand new York, Miami and Tel Aviv.
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