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How Did Fiverr Get Started?

Last updated on September 29, 2022 @ 1:38 am

Fiverr is an online marketplace that enables businesses and individuals to connect with freelancers offering digital services in 300+ categories. Services offered on Fiverr range from logo design, SEO, video editing, and virtual assistant work, to name a few.

Fiverr was founded in 2010 by Shai Wininger and Micha Kaufman. Prior to Fiverr, Shai was the co-founder of the popular Israeli social networking site, Yoocool. Micha Kaufman is a serial entrepreneur who has started several companies, including an advertising agency and a web development company.

The name “Fiverr” comes from the concept of selling services for $5. The founders saw that there was a market for cheap, quality services and decided to tap into it.

PRO TIP: Fiverr is a great platform for freelancers to offer their services, but it’s important to be aware of the potential scams and fraud that can occur on the site. Be sure to only work with reputable freelancers, and never pay upfront for services before they are delivered. If you’re ever unsure about a transaction on Fiverr, be sure to contact customer support for assistance.

Fiverr has been profitable since 2012 and has raised over $110 million in funding from investors such as Bessemer Venture Partners, Accel Partners, and Tiger Global Management.

The company has been growing rapidly and now has over 10 million users worldwide. In 2018, Fiverr acquired two companies: AndCo and ClearVoice.

AndCo is a New York-based startup that provides an app for managing freelance projects. ClearVoice is a content marketing platform that helps businesses create high-quality content.

Fiverr is changing the way businesses connect with freelancers and get work done. With its convenient online platform and wide range of services on offer, it’s no wonder that the company is seeing such success.

Drew Clemente

Drew Clemente

Devops & Sysadmin engineer. I basically build infrastructure online.