# Stoke Talent

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/stoke-talent

- Industry: Financial Services
- Headquarters: Palo Alto, US
- Website: www.stoketalent.com
- Total disclosed funding: $20M
- Latest round: Series A (Jun 8, 2021)
- Investors on record: 5

## About

Stoke Talent Ltd., based in Palo Alto, CA, is a platform that simplifies the management of freelance and contract talent for businesses, enhancing operational workflows for talent sourcing and project oversight.Founded in 2019 by Shahar Erez, Stoke Talent Ltd. provides a platform for businesses to manage freelance and contract talent. The company has undergone strategic focus on optimizing flexible workforce management. With its headquarters in Palo Alto, CA, Stoke Talent has been involved in three deals, with the most recent, a TRADE SALE, occurring on November 2, 2021, when Fiverr International Limited acquired the company for USD 95.00 mn, marking the total amount raised at USD 95.00 mn.Stoke Talent specializes in providing a comprehensive platform designed to streamline the management of freelance and contract talent for businesses. Their core offerings include tools that facilitate talent sourcing, project management, and payment processing, addressing key challenges in managing flexible workforce arrangements such as compliance, invoicing, and performance tracking. Stoke Talent serves a diverse clientele, including technology firms and creative agencies, primarily in North America and Europe, to meet the growing demand for agile workforce solutions.Stoke Talent generates revenue through a subscription-based model, allowing companies to access their platform features and services via annual or monthly agreements. This model supports a broad range of clients, from small startups to large corporations, providing scalable solutions tailored to various business needs.Following its acquisition by Fiverr International Limited in November 2021, Stoke Talent plans to leverage the resources and networks of its parent company to enhance its platform offerings. The company is focused on designing new products aimed at improving user experience and efficiency, with expected releases in 2023. Additionally, Stoke Talent intends to expand into key markets in Asia and South America by 2024, utilizing the funds from the recent acquisition to support these initiatives.

## Funding rounds

- Series A, Jun 8, 2021, $16M — Battery Ventures, TLV Partners, Edenred Capital Partners, Dynamic Loop Capital
- Seed, Sep 4, 2019, $4.5M — TLV Partners, Kli Capital

## Investors

- TLV Partners (https://capitalatlas.ai/funds/tlv-partners) — Seed, Series A
- Kli Capital (https://capitalatlas.ai/funds/kli-capital) — Seed
- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series A
- Edenred Capital Partners (https://capitalatlas.ai/funds/edenred-capital-partners) — Series A
- Dynamic Loop Capital (https://capitalatlas.ai/funds/dynamic-loop-capital) — Series A