oDesk

InternetSeries DRedwood City, USodesk.com

Latest round

Series D

Last raised

Mar 2012

Total raised

$45M

Investors

6

About oDesk

oDesk, founded in 2003, operates as a prominent platform for freelance job opportunities. Headquartered in Redwood City, US, the company has undergone strategic changes to enhance its services. The founders include Abu Ershad, Abu Hanif, Anurag Agarwala, Belayet Hossain, Jon N, Ravi Shurpali, Reymond Amejado, Tom Moberg, and Trevor Weir.oDesk operates a global freelancer marketplace that connects clients with independent professionals across various fields, facilitating the hiring process for businesses and individuals in need of specialized skills. The platform offers a comprehensive suite of services including talent acquisition in areas such as Development & IT, Design & Creative, Sales & Marketing, Writing & Translation, and more. Users can post job opportunities and hire freelancers on a project basis or a contract-to-hire arrangement, thus addressing specific project requirements efficiently.oDesk generates revenue primarily through transaction fees charged on payments between clients and freelancers. The fee structure varies based on the engagement type, with a 5% fee for initial transactions and a 10% fee for clients utilizing premium features. Clients can choose from various pricing plans, including a Business Plus plan that provides additional features such as premium customer support and access to top-tier talent.65 mn to support its growth initiatives. The company plans to enhance its platform with new features aimed at improving user experience and expanding its service offerings. Additionally, oDesk is targeting expansion into new markets, focusing on regions in Asia and Europe by the end of 2014.

Who invested in oDesk

6 investors across 5 rounds

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Funding rounds

  1. Series D

    Mar 13, 2012

    Amount

    $15M

    Investors

    Locked

  2. Series C

    Jun 3, 2008

    Amount

    $15M

    Investors

    Locked

  3. Series B

    Aug 25, 2006

    Amount

    $8M

    Investors

    Locked

  4. Series A

    Apr 25, 2006

    Amount

    $6M

    Investors

    Locked

  5. Series A

    Nov 30, 2004

    Amount

    $1M

    Investors

    Locked

Questions about oDesk

Who invested in oDesk?

oDesk has 6 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has oDesk raised?

oDesk has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did oDesk last raise money?

oDesk's most recent round on record is a Series D, in Mar 2012.

What does oDesk do?

oDesk, founded in 2003, operates as a prominent platform for freelance job opportunities.

Where is oDesk headquartered?

oDesk is headquartered in Redwood City, US.

Which VCs invest in companies like oDesk?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at oDesk's stage. Their profiles are linked below.

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