![]() Once the client has chosen who they want to complete the job, they hire that freelancer by sending a contract with set hours, pay rate, and a deadline for the work to be completed. The client may invite specific freelancers to apply for their jobs, or else post the job for any freelancer who is interested to apply. The client posts a description of their job and a price range they are willing to pay for a freelancer to complete it. ![]() Upwork allows clients to interview, hire and work with freelancers and freelance agencies through the company's platform. On March 7, 2022, Upwork started suspending operations for freelancers and clients in Russia and Belarus as a sanction following Russia's invasion of Ukraine on 24 February 2022. 5000 list from 2009 to 2014 and filed for an initial public offering on October 3, 2018. The Upwork platform has experienced brief outages, with one in September 2015 leading to an apology from then-CEO Stephane Kasriel. The newly named Upwork also planned to phase out the Elance platform within a couple of years. In 2015, the new company was rebranded as Upwork, which coincided with an upgrade of the oDesk platform under the same name. ![]() Originally created as a staffing firm, oDesk was eventually built into an online marketplace that allowed registered users to find, hire, and collaborate with remote workers.Įlance and oDesk announced their merger on Decemto create Elance-oDesk. ODesk was founded in 2003 by two friends, Odysseas Tsatalos and Stratis Karamanlakis, who wanted to work together even though one of them was in the U.S. Elance's first product was the Elance Small Business Marketplace. In December 1999, the company's 22 employees relocated to Sunnyvale, in California's Silicon Valley. History Įlance was founded in 1998 by MIT graduate Beerud Sheth and Wall Street veteran Srini Anumolu in a two-bedroom apartment in Jersey City. In March 2022, Upwork was named to TIME's List of 100 Most Influential Companies of the year 2022. More than three million jobs worth over $1 billion USD together were posted in 2017. In 2017, Upwork had over twelve million registered freelancers and five million registered clients. The merged company subsequently rebranded to Upwork in 2015. The company was formed in 2013 as Elance-oDesk, after the merger of Elance Inc. Upwork Global Inc., formerly Elance-oDesk, is an American freelancing platform headquartered in Santa Clara and San Francisco, California.
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