StokeTalent

Company Overview

Snapshot

Founded in February 2019 by Shahar Erez and Hilik Paz, StokeTalent operated with 51–200 employees. The company raised a total of $20 million across 2 funding rounds from 7 investors before being acquired by Fiverr in November 2021.

Business overview

StokeTalent developed a Freelance Management System (FMS) designed to streamline the hiring, onboarding, and management of freelancers for companies, while ensuring legal and tax compliance. The platform provided transparency, control, guided processes, and compliance assurance, leveraging a rich talent pool and machine learning. It served various organizational functions such as engineering, marketing, education, and design, operating within the Retail Platforms sector and specializing in HR and recruitment technologies.

Strategic signal

StokeTalent's acquisition by Fiverr in November 2021 for $95 million highlights a significant consolidation in the freelance management and gig economy sector. This event signals a strategic move by Fiverr to enhance its enterprise offerings and integrate advanced freelance management capabilities, validating StokeTalent's technology and market position while indicating a growing demand for comprehensive solutions in managing external workforces.

Company Intelligence Q&A

What was the most significant corporate event for StokeTalent?

StokeTalent was acquired by Fiverr in November 2021 for $95 million, marking a major exit for the company and integrating its freelance management platform into Fiverr's enterprise solutions.

When was StokeTalent founded and by whom?

StokeTalent was founded in February 2019 by Shahar Erez and Hilik Paz.

How much capital did StokeTalent raise in total?

StokeTalent raised a total of $20 million across 2 funding rounds. This includes a $15.5 million round in June 2021 and a $4.5 million round in September 2019.

Which investors participated in StokeTalent's June 2021 funding round?

In June 2021, StokeTalent received funding led by Battery Ventures, with participation from.

Which investors participated in StokeTalent's September 2019 funding round?

In September 2019, StokeTalent received funding led by TLV Partners, with participation from.