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How Did Fiverr Begin?

Last updated on September 28, 2022 @ 10:38 pm

Fiverr is a global online marketplace offering tasks and services, beginning at a cost of $5 per job performed, from which it gets its name. The site is primarily used by freelancers who use Fiverr to offer services to customers worldwide.

Founded in 2010, by Shai Wininger and Micha Kaufman, Fiverr’s mission is to “change how the world works together”.

Prior to Fiverr’s founding, Wininger and Kaufman had attempted to create a similar service called “Rent A Coder”. However, Rent A Coder focused on larger projects and was not suitable for one-time or small tasks that could be completed quickly.

The two entrepreneurs decided to launch Fiverr in February 2010 as a marketplace for people to buy and sell services starting at $5. The website became an instant success, and by 2012 it was hosting more than 1.5 million gig offers.

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In 2013, the company raised $15 million in Series B funding, led by Accel Partners. This was followed by a $30 million Series C funding round in 2014, led by Tiger Global Management. In 2015, Fiverr acquired the Israeli startup AndCo, which provides software for managing freelance contracts.

Today, Fiverr has over 12 million users from all over the world, offering services in more than 200 categories.

Fiverr is a global online marketplace that offers tasks and services starting at $5. The site is used primarily by freelancers who offer services to customers worldwide.

The company was founded in 2010 by Shai Wininger and Micha Kaufman with the mission of “changing how the world works together”. To date, Fiverr has raised over $45 million in funding and acquired the Israeli startup AndCo.

Dale Leydon

Dale Leydon

Sysadmin turned Javascript developer. Owner of 20+ apps graveyard, and a couple of successful ones.