Upwork Revenue, Growth & Competitor Profile

DBA ELANCE-ODESK, INC.

Company Profile & Annual Report for Upwork

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Upwork Fast Facts

Revenue	$100 - $500 million    See Exact Annual Revenue
Employees	500 - 1,000Exact Company Size
Primary Industry	5613 Employment Services
Address	475 Brannan Street, Suite 430 San Francisco, CA 94107

Note: Revenues for privately held companies are statistical evaluations.


Upwork's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Upwork's annual revenues are $100 - $500 million (see exact revenue data)
• What industry is the company in?
  • Upwork is classified as operating in the Employment Services industry, NAICS Code 5613.

Upwork Annual Revenue and Growth Rate

Upwork	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	$100 - $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Upwork's revenues are gauged from an analysis of company filings.

Upwork's Income Statement (based on Industry Averages)

Upwork P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Trademark Applications

Trademark applications show the products and services that Upwork is developing and marketing. Upwork doesn't have any recent trademark applications, indicating Upwork is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
UP WE GO Application service provider (ASP), namely, hosting computer software applications of others; software as a service (SaaS) services featuring software for use in database management, electronic storage of data and electronic communication, for use in matching skill sets and capabilities of workers with project requirements, for creating searchable databases of information and data, and for monitoring workers, namely, software for tracking, monitoring and recording the activities and activity level of remote and online workers; software as a service (SaaS) services featuring software to open and display documents, emails, videos, data, and files in the field of work opportunities, business and worker profiles, engagement of freelance and other workers, worker skills assessment and evaluation, collaboration technologies and techniques, billing and payment solutions, and marketing services, and for monitoring, creating and maintaining records of work performed, and for enabling workers to exchange, store and view interpersonal communications and to share and collaborate on files and work products in real time and asynchronously; software as a service (SaaS) services for the transmission of email and instant electronic messages between users and with project vendors; software as a service (SaaS) services featuring software that enables communication and sharing of resources among members of an online work team, and for tracking of time, tasks, expenses and other project management data and for the creation of work diaries, time sheets, invoices, expense reports and project management reports; computer services, namely, providing non-downloadable computer software for others to exchange, store, and view real time and asynchronous interpersonal communications and to share and collaborate on files and work product in real time and asynchronously, and for exchange of information featuring job postings, work opportunities and business and worker profiles, and between freelance workers and companies offering work opportunities; computer services, namely, consultation, design and development of computer software programs for use by others; support services, namely, software maintenance, help desk services, computer and user directory services, namely, providing online trade and business directory in the field of freelance work and freelance workers; providing temporary use of online non-downloadable software used to define the scope of, schedule, track and fulfill professional service projects, and to identify, source, negotiate and collaborate with, evaluate and provide feedback on vendors of professional services projects; providing temporary use of non-downloadable computer software for the transmission, storage and sharing of data and information; computer services, namely, providing online non-downloadable software that allows users to store data electronically; providing a secure electronic online system featuring technology which allows users to share documents and send and receive electronic mail and instant electronic messages, and engage in business and professional networking via global communication networks; providing temporary use of non-downloadable software for use in matching skill sets and capabilities of workers with project requirements; providing a website featuring temporary use of non- downloadable software enabling users to search and locate workers and work opportunities; non-downloadable software for tracking of time, tasks, expenses and other project management data and for the creation of work diaries, time sheets, invoices, expense reports and project management reports; providing online non-downloadable software for users of an online marketplace to evaluate and provide feedback regarding parties they have interacted with via an online marketplace; providing temporary use of non- downloadable software for the on-line validation of time sheets, on-line budget reporting, on-line access to performance data, and providing an on-line customer feedback system and customized management reports	04/01/2021
UPWORK IT Downloadable computer application software for computers and mobile devices, namely, software for use in database management, electronic storage of data and electronic communication, namely, transmission of emails and instant electronic messages in the field of professional services, business engagement, work opportunities, business and worker profiles, engagement of freelance and other workers, worker skills assessment and evaluation, collaboration technologies and techniques, performing services via the internet, and marketing of services; downloadable computer programs for creating searchable databases of information and data; downloadable software for communication between users, namely, transmission of emails and instant electronic messages, and for accessing documents, emails, videos, data, and files in the field of professional services, business engagement, work opportunities, business and worker profiles, freelance worker skills assessment and evaluation, collaboration technologies and techniques that allows users to exchange, store and view interpersonal communications and to share and collaborate on files and work products in real time or asynchronously, online business services, and marketing of services; computer software for use in matching skill sets and capabilities of workers with project requirements; computer software for monitoring workers, namely, software for tracking, monitoring and recording the activities and activity level of remote and online workers; computer software that enables communication and exchange of information among members of an online work team; computer software for creating a virtual office for collaborative online work by multiple parties; downloadable software for communication between users, namely, transmission of emails and instant electronic messages, and for accessing documents, emails, videos, data, and files in the field of professional services, business engagement, work opportunities, business and worker profiles, freelance worker skills assessment and evaluation, online business services, worker collaboration, and marketing of services; computer software for the transmission of email and instant electronic messages between users and with project vendors; downloadable computer software for online project management, and for monitoring, creating and maintaining records of work performed; downloadable computer software, namely, software for planning, scheduling, controlling, monitoring and providing details regarding freelance work projects; downloadable project management software; downloadable software for tracking of time, tasks, expenses and other project management data and for the creation of work diaries, time sheets, invoices, expense reports and project management reports; downloadable electronic publications, namely, reports, magazines, e-zines, newsletters, journals, white papers and supplements on topics of professional interest, all in the fields of business, jobs, computer software and hardware, recruiting and employment, and personal and career development; downloadable mobile application software for project management	04/01/2021
UP Computer application software for computers and mobile devices, namely, software for use in database management, electronic storage of data and electronic communication; computer programs for creating searchable databases of information and data; downloadable software for collaboration with and multi-party access to documents, emails, videos, data, files and other information; computer software for use in matching skill sets and capabilities of workers with project requirements; computer software for monitoring workers, namely, software for tracking, monitoring and recording the activities and activity level of remote and online workers; computer software that enables communication and sharing of resources among members of an online work team; computer software for creating a virtual office for collaborative online work by multiple parties; computer software for connecting workers with each other and with project vendors; computer software for online project management, and for monitoring, creating and maintaining records of work performed; computer software, namely, software to identify and define the scope and components of projects; project management software; software for tracking of time, tasks, expenses and other project management data and for the creation of work diaries, time sheets, invoices, expense reports and project management reports; downloadable electronic publications, namely, reports, magazines, e-zines, newsletters, journals, white papers and supplements on topics of professional interest, all in the fields of business, jobs, computer software and hardware, recruiting and employment, and personal and career development; mobile application software for project management	10/09/2015

See all trademarks and details in the Full Report.

Market Share of Upwork's Largest Competitors

A competitive analysis shows these companies are in the same general field as Upwork, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
ELITE MEDICAL STAFFING	Sanford, FL	100
INTELYCARE	Quincy, MA	47
ALLEGIS GROUP	Hanover, MD	29
MANPOWERGROUP	Milwaukee, WI	17
LA BUSINESS PERSONNEL	Los Angeles, CA	14
CROSS COUNTRY STAFFING	Boca Raton, FL	11
I.E.-PACIFIC	Escondido, CA	11
AMN HEALTHCARE ALLIED	San Diego, CA	9
ASGN	Glen Allen, VA	9

Nearby Competitors

These companies are similar in business line and location to Upwork. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
TRUSTED HEALTH	San Francisco, CA	100
UPWORK	San Francisco, CA	28
DOMA CORPORATE	San Francisco, CA	25
TRUSTED	San Francisco, CA	11
LEVER	San Francisco, CA	7
TRUSTED TECHNOLOGIES	San Francisco, CA	5

Future Competition: Upwork's Fastest Growing Competitors

These companies are in the same general field as Upwork and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)