Will freelance platforms change the way we work?
29/07/2014
Diego Gutiérrez
Will freelance platforms change the way we work?

The difficulty of finding work in times of crisis has boosted freelance work and has led to the development of new ideas, such as freelance platforms, where freelancers and independent professionals present their services. In Spain, there are several companies dedicated to this activity that have been very well received, such as Geniuzz and Nubelo.

Freelance platforms grow in times of crisis

Since 2000, ElanceThe telework platform conducted two large rounds of funding, raising a total of $62M, the number of rounds in this type of platform has been growing throughout the crisis period, reaching its peak in 2012, when 23 operations were carried out. A total of 82 rounds in 42 companies.

Several companies have received several rounds

Several of the companies that have received funding have been awarded several rounds, among them is the Spanish Nubelo, the online work platform for companies and freelance professionals for the Latin market, which has received 4 rounds of seed capital since its creation in 2011, raising a total of $1.7M.

Also Odesk has received several rounds. Odesk is the world's largest teleworking platform, with more than 3 million registered workers and more than 500,000 companies posting projects in different areas every day.

Seed capital rounds predominate 

"A 43% of the rounds carried out are rounds seed capital, which shows that it is still a new sector, but that it seems to be gaining strength and that it will present good opportunities in the coming years," says Diego Gutierrez, an expert in the sector. alternative financingof the group Abra Invest.

Investors

A total of 74 investors participated in the sector. Several of them have been active, such as Kleiner Perkins Caufield & Byerswhich has participated in 5 rounds$94M.

"In Spain Cabiedes and Partners has also bet on the sector and has carried out 2 rounds of financing, one in the aforementioned Nubelo and the other one in Geniuzz"says Diego Gutierrez.

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