CrowdWorks
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CrowdWorks - overview
Established
2011
Location
Tokyo, -, Japan
Primary Industry
Internet
About
Founded in 2011 and headquartered in Tokyo, Japan, CrowdWorks is an innovative platform that connects freelancers with businesses, facilitating a diverse range of remote work opportunities. CrowdWorks, established in 2011 in Tokyo, Japan, operates an online platform that connects businesses with freelancers for various projects. The company was founded by Koichiro Yoshida, who has a background in entrepreneurship. In December 2014, CrowdWorks went public by listing on the Mothers Board.
They have successfully completed five funding rounds, raising a total of USD 10. 70 mn, with the latest round in December 2014, backed by investors including CyberAgent Capital, DG Ventures, and Dentsu Innovation Partners. CrowdWorks, or 株式会社クラウドワークス, provides a cloud sourcing service that facilitates direct connections between freelancers and businesses. The platform supports approximately 4.
7 million freelancers and over 760,000 client companies, enabling job posting, proposal submissions, and project completions across various industries. Additionally, it offers a talent infrastructure service that leverages a database of over 6. 3 million professionals, catering to operational challenges. The company aims to democratize digital transformation consulting, serving both local and international clients.
For the fiscal year 2024, CrowdWorks reported a revenue of JPY 17. 11 bn (USD 114. 03 mn), primarily generated through its cloud sourcing platform. Revenue is derived from fees charged to businesses for accessing freelance talent and project management services.
The company implements a transactional fee structure, charging based on project value. Furthermore, CrowdWorks has introduced SaaS solutions aimed at enhancing workforce productivity for large enterprises. CrowdWorks plans to further develop its digital platform by introducing new products designed to enhance user experience and engagement. The company is targeting expansion into international markets to widen its client base and access a diverse pool of freelance talent.
Recent funding will be utilized to support these initiatives and enhance their service offerings. The strategic focus also includes leveraging technology to improve matching capabilities and operational efficiency. In December 2014, the company successfully listed on the Mothers Board, a move that is expected to bolster its growth trajectory.
Current Investors
ITOCHU Technology Ventures, DG Ventures, Suneight Investment
Primary Industry
Internet
Sub Industries
Search Engines
Website
www.crowdworks.co.jp
Verticals
E-commerce
Company Stage
Mature
Total Amount Raised
Subscriber access only
CrowdWorks - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Gengo, Inc. | - |
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