# Fastwork Technologies Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fastwork-technologies-co

- Industry: Internet
- Headquarters: Bangkok, Thailand
- Website: www.fastwork.co
- Total disclosed funding: $6.1M
- Latest round: Series A (Sep 25, 2019)
- Investors on record: 7

## About

Fastwork Technologies Co., Ltd. is a leading freelance platform in Thailand, connecting businesses with skilled freelancers across diverse sectors, enhancing the efficiency of the hiring process with tailored solutions.Founded in 2015, Fastwork Technologies Co., Ltd. is based in Bangkok, Thailand, and specializes in facilitating freelance work by connecting clients with talented professionals. The company received Series A funding of USD 5.53 mn on September 25, 2019, led by Gobi Partners, to further expand its platform. The firm has completed a total of 3 deals since its inception. The CEO, CK Cheong, oversees operations to ensure quality service delivery.Fastwork.co operates as a premier freelance platform in Thailand, providing a comprehensive suite of services designed to connect businesses with high-quality freelance talent across various sectors. The platform enables users to search for freelancers by category, view portfolios, read reviews, and initiate chats to negotiate and hire freelancers directly, thereby streamlining the hiring process. Services offered include graphic design, website development, content creation, digital marketing, and lifestyle services, among others, addressing the needs of individuals, small businesses, and large enterprises. Fastwork.co serves a diverse clientele throughout Thailand, catering to over 1.7 million customers, including both individuals and businesses seeking specialized freelance services. The platform is designed to facilitate transactions for both online and offline services, ensuring users can find and engage freelancers suited to their unique requirements efficiently.Fastwork.co generated revenue of USD 1.66 mn in 2022, with an EBITDA amounting to USD -1.05 mn. The company utilizes a transaction-based model that involves a commission structure on the services rendered by freelancers, ensuring a steady revenue stream from a wide array of services across more than 300 categories.Fastwork Technologies Co., Ltd. aims to enhance its offerings by launching new products designed to improve user experience and functionality on its platform. The recent funding of USD 5.53 mn will be allocated towards expanding its market presence in Southeast Asia, targeting countries such as Vietnam and Indonesia by 2024. This initiative will allow Fastwork to tap into new customer segments and diversify its service offerings.

## Funding rounds

- Series A, Sep 25, 2019, $5.5M — Partech Partners, Gobi Partners, Vickers Venture Partners, LINE Ventures, IndoGen Capital
- Seed, Jun 1, 2017, $0.6M — 500 Global, CyberAgent Capital
- Seed, May 31, 2016 — 500 Global

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- CyberAgent Capital (https://capitalatlas.ai/funds/cyberagent-capital) — Seed
- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Series A
- Gobi Partners (https://capitalatlas.ai/funds/gobi-partners) — Series A
- Vickers Venture Partners (https://capitalatlas.ai/funds/vickers-venture-partners) — Series A
- LINE Ventures (https://capitalatlas.ai/funds/line-ventures) — Series A
- IndoGen Capital (https://capitalatlas.ai/funds/indogen-capital) — Series A