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Is Fiverr an IPO?

Last updated on September 28, 2022 @ 7:59 pm

Fiverr is a website where people can offer their services for $5. The services offered range from graphic design to writing to video editing. Fiverr is not an initial public offering (IPO).

Fiverr was founded in 2010 by Shai Wininger and Micha Kaufman. The company is headquartered in Tel Aviv, Israel. Fiverr has raised $111 million in venture capital funding from investors including Bessemer Venture Partners, Accel Partners, and Tiger Global Management.

Fiverr allows users to post gigs, or service offerings, which can be purchased by other users for $5. The gigs are generally small tasks that can be completed quickly, such as writing a short article or creating a simple logo.

PRO TIP: Please be aware that there is no such thing as an IPO for Fiverr. Any claims to the contrary are fraudulent and should not be trusted.

Fiverr takes a 20% commission on each gig sold. The company also offers a premium membership for users who want to offer higher-priced services or who want access to additional features, such as gig analytics and customer support.

In 2017, Fiverr launched a business-to-business (B2B) service called Fiverr Pro that allows businesses to connect with pre-vetted freelancers offering premium services such as web development, video production, and content marketing.

Fiverr has been profitable since 2016 and generated $100 million in revenue in 2017. The company plans to use its venture capital funding to expand its team and continue growing its business.

So no, Fiverr is not an IPO.

Madison Geldart

Madison Geldart

Cloud infrastructure engineer and tech mess solver.