Upwork - M&A Summary and Business Overview

Internet Software And ServicesCompany

Upwork M&A Summary

Upwork has acquired 1 company. A total of 1 acquisition came from private equity firms.

Upwork has acquired in 1 US state. The Company’s most targeted sectors include internet software and services (100%).

Upwork Business Overview

Where is Upwork headquartered?

Upwork is headquartered in Santa Clara, California.

What is Upwork’s revenue?

Upwork disclosed revenue of 374M USD for 2020 and 301M USD for 2019.

How many employees does Upwork have?

Upwork has 540 employees.

What sector is Upwork in?

Upwork is an internet software and services company.

When was Upwork founded?

Upwork was founded in 2003.

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

Upwork

Upwork, Inc.

2625 Augustine Drive Suite 601,
Santa Clara, California 95054
United States,
(650) 316-7500
www.upwork.com

Upwork is an online workplace that enables talent and businesses to work together, regardless of where they happen to be. Over a million businesses are registered on oDesk, and nearly five million freelancers, who offer any type of skill that can be done via the Internet. Upwork was formed in 2003 and is headquartered in Santa Clara, California.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 1 - - - - - 1
Sell (0.0/yr) # - - - - - - 0
  1

Most Recent M&A

Company Date Value Type
Elance, Inc. 2013-12-18 - Merger
Mountain View, California · www.elance.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 1 (100%) - - -
Total 1 - - -

By Geo

State/Country Buy Value Sell Value
United States 1 - - -
  California 1 - - -
Total 1 - - -

M&A Connections

Deals
Acquired from
Investor(s)
100%
1 (100%)

Company Summary

SECTOR

Internet Software and Services

Revenue

374   25% 2020
301   19% 2019
253   25% 2018
203   24% 2017
164   2016
(millions of USD) Show More Show Less

Employees

540

Established

2003

Public

NASDAQ: UPWK

Former Name

oDesk, Inc.

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