Fiverr Acknowledged as a Key HR Software Provider by APPS RUN THE WORLD in the HCM Top 500 Market Report

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Fiverr Strengths, Domain Expertise, and Key Differentiators

Fiverr is a global platform connecting businesses with skilled freelancers across 400+ categories. Using a Service-as-a-Product ("SaaP") model, buyers can easily purchase digital services from logo design to website development, with prices ranging from $5 to higher amounts. Fiverr transforms the freelancer staffing model into an e-commerce-like experience, employing proprietary machine learning algorithms for a personalized user experience and a robust ecosystem. The platform's mission is to democratize talent access and provide growth opportunities for businesses. With over 4 million global customers, Fiverr's Talent Cloud enables companies to scale teams with professionals from 160+ countries across 550+ categories. Associated companies include ClearVoice, CreativeLive, Working Not Working, SLT Consulting, and Stoke Talent. Explore opportunities on fiverr.com or follow Fiverr on social media for the future of work.

Fiverr Recent Developments

Fiverr has unveiled a suite of new products and solutions, including the Business Solutions suite, tailored for mid to large-sized enterprises, Fiverr Pro, and the debut of Fiverr Neoâ„¢, a neural network-powered tool aimed at enhancing the matching process between talent and customers. Fiverr Pro, formerly Fiverr Business, is positioned as an end-to-end solution for larger organizations, offering an intelligently curated catalog of professional talent alongside advanced business tools.

In October 2021, Fiverr acquired online learning company CreativeLive, a creative and entrepreneurial education platform where people can learn about design, business, photography, video, marketing and more. CreativeLive will remain a standalone organization.

Through COVID-19 it has been supporting its community through its SMBhelp site, through the Freelancers union and with microgrants to help small businesses get on their feet.

Fiverr Mergers and acquisitions (M&A) Activities

In November 2021, Fiverr acquired Stoke Talent, a all-in-one solution to help companies manage their work with freelance talent, for $95 million. This includes tools to onboard, pay, track budgets and more. With Stoke's product suite, Fiverr is looking to add more value to larger businesses and integrate with existing corporate workflows.

In July 2020 Fiverr acquired SLT Consulting a digital marketing agency that had built its business using Fiverr.

In February 2019, Fiverr acquired ClearVoice, subscription-based content marketing platform located in Phoenix, Arizona. Adding ClearVoice to the Fiverr portfolio is another way to ensure that professionals and larger businesses alike can conveniently and consistently access freelance talent for whatever they need, whenever they need it. Currently, content marketing-related services are among the most in-demand services on Fiverr, with content creation being one of the highest grossing verticals on Fiverr Pro, which is Fiverr’s top tier of freelancers. Fiverr intends to continue operating ClearVoice as a stand-alone subsidiary.

Fiverr Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Fiverr applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Fiverr and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Fiverr Pro, Fiverr Certified, Fiverr Enterprise, Fiverr Workspace, Fiverr Neo customers.

Fiverr Key Cloud and HCM Applications

Fiverr Pro, Fiverr Certified, Fiverr Enterprise, Fiverr Workspace, Fiverr Neo

Fiverr HCM and Cloud HCM Applications Revenues, $M:

Type/Year20222023YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
HCM Applications Revenues, $M Subscribe Subscribe Subscribe

* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Fiverr Revenue Breakdown by Type:

TypeLicenseServicesHardwareS&MSaaSPaaSIaaSOtherTotal
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe 100%
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe

Fiverr Total and HCM Applications Revenues by Region:

Region% of Total Revenues2023 Total Revenues, $M2023 HCM Applications Revenues, $M
Americas Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe

Fiverr Direct vs Indirect sales

RegionDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Fiverr Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Fiverr Customers


No. of Fiverr Customers: x

No. of Fiverr HCM Applications Customers: x

No. of Fiverr Cloud HCM Customers: x

No. of Fiverr Cloud HCM Subscribers: x


Fiverr has 4.3 million active buyers.

Fiverr Market Opportunities, M&A and Geo Expansions

Fiverr's "Power of Humanity" campaign aligns with a series of strategic initiatives introduced since January, showcasing the company's commitment to innovation. The introduction of new AI categories and the substantial growth in AI services demand underscore Fiverr's responsiveness to evolving market trends. The launch of "Fiverr Neo" and the establishment of an AI Content Hub, featuring Explorers and Tech Hubs, present opportunities for freelancers and businesses to explore and leverage AI in their products, workflows, and services, catering to both those less familiar and more experienced with the technology.

As a result of COVID-19, businesses everywhere have been forced to adapt and think about ways to augment their teams to be more flexible, agile and productive. Freelancers have proven themselves to be advantageous to small and large businesses all over the world, but their services have also proven themselves to be helpful to large non-profits, who typically run on smaller budgets and tight timelines. Overall 45% of businesses are using more freelancers than pre-Covid.

Fiverr Risks and Challenges

Fiverr encounters competition from both online and offline platforms, contending with rivals such as UpWork and Freelancer, which incorporate freelance services within their comprehensive service portfolios.

Fiverr Ecosystem, Partners, Resellers and SI

Fiverr has cultivated one of the world's largest networks of buyers and freelancers, fostering a robust network effect. Successful transactions by Fiverr buyers contribute to a cascade of referrals. As the Fiverr buyer community expands and the platform enhances its support functions for sellers, it attracts more freelancers possessing high-value skills. This influx of skilled freelancers, coupled with the growth of the seller base, enhances the breadth and depth of talent on the Fiverr platform. This, in turn, facilitates the continuous expansion of Fiverr's catalog of Gigs, intensifying the value proposition for buyers and propelling a robust growth flywheel.

In April 2020, Fiverr expanded its international footprint and launched its global marketplace in two new languages, French and Spanish. This followed the success of the company’s foray into the German language in February. International expansion continues to be a key growth strategy for Fiverr, and the potential to unlock further opportunities in the European market is huge. Combined, France and Spain have over six million small businesses and an estimated 25 million independent workers. It has since launched sites in Dutch and Italian.

Fiverr Cloud Platform (PaaS) and Infrastructure (IaaS) Details

Subscribe to read more about:

  • Fiverr Public Cloud and Infrastructure (IaaS)
  • Fiverr Platform (PaaS)
  • Fiverr Application Delivery
  • Fiverr Private Cloud and Data Centers

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.


Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).


For additional information on our methodologies, here's the link:

https://www.appsruntheworld.com/About Us
https://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ



Buyer Intent: Companies Reading this Research Report
ARTW Buyer Intent uncovers actionable customer signals, identifying software buyers actively reading this research report. Gain ongoing access to real-time prospects and uncover hidden opportunities. Companies Actively accessing this research report include:
  1. Evercore Inc., a United States based Banking and Financial Services organization with 2000 Employees
  2. ESB, a Ireland based Utilities company with 9200 Employees
LogoCompanyIndustryEmployeesRevenueCountryEvaluated
Evercore Inc.Banking and Financial Services2000$3.3BUnited States2024-12-04
SubscribeSubscribeUtilities9200$9.5BIreland2024-07-10