# PeoplePerHour

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/peopleperhour

- Industry: Internet
- Headquarters: London, UK
- Website: www.peopleperhour.com
- Total disclosed funding: $6M
- Latest round: Series A (Dec 8, 2010)
- Investors on record: 1

## About

PeoplePerHour is a digital platform that connects businesses with freelancers, offering a wide range of services from content writing to web development, ensuring optimal flexibility for project needs.Founded in 2007 by Xenios Thrasyvoulou, PeoplePerHour is headquartered in London, UK. The company facilitates freelance services across various sectors and has completed a total of four funding deals. The latest investment round, raised in October 2012, was GBP 1.70 million led by Index Ventures, bringing the total amount raised to GBP 1.70 million and valuing the company at GBP 34.47 million post-money.PeoplePerHour.com is a leading online platform that facilitates the connection between businesses and freelancers across various sectors. The core offerings of the platform include the provision of freelance services spanning categories such as content writing, graphic design, web development, digital marketing, and video production. These services address the needs of businesses seeking flexible, on-demand talent to complete specific projects or tasks. The platform enables clients to post project requirements, search for qualified freelancers, and request proposals tailored to their needs. Targeting a global market, PeoplePerHour serves a diverse clientele, including small businesses, startups, and established corporations across regions such as North America, Europe, and Asia. The platform's usability and efficiency support an extensive user base, ensuring a streamlined hiring process that benefits both freelancers and clients.PeoplePerHour generates revenue primarily through transaction fees applied to the payments made by clients for freelance services. Each successful project completed on the platform incurs a service charge, which is a percentage of the transaction value. This model allows for both direct-to-consumer transactions and B2B engagements, where businesses engage freelancers for specific tasks or ongoing projects. By leveraging a flexible pricing strategy, PeoplePerHour effectively captures revenue through an expansive range of services offered by its freelancers, maintaining a sustainable income stream while supporting the needs of its diverse client base.In October 2012, PeoplePerHour raised GBP 1.70 million led by returning investor Index Ventures, which will support their strategy for growth by enhancing platform features and expanding service offerings. The company aims to enter new markets, particularly in Asia and North America, by 2023, leveraging new product designs and tools to better connect freelancers and clients.

## Funding rounds

- Series A, Dec 8, 2010, $6M — Index Ventures

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series A