Company Overview
Snapshot
Founded in March 2003 by Allon Mason and Matan Amir, XPlace operates with 1–10 employees. The company was acquired by Alljobs in February 2022, marking a significant milestone in its journey as a freelance marketplace.
Business overview
XPlace operates an online freelance marketplace that facilitates connections between clients and freelance professionals across various fields. Its core technology provides a web-based platform where individuals and businesses can post projects and receive bids from skilled freelancers in categories such as web development, mobile app development, tech, design, writing, editing, and translation. The company serves both B2C and B2B markets, primarily within Israel, operating within the Retail Platforms, Business Software, and Human Resources Management sectors.
Strategic signal
In February 2022, XPlace was acquired by Alljobs, a strategic move that integrated its freelance marketplace into a larger recruitment ecosystem. This acquisition signals a consolidation within the online talent marketplace sector, providing XPlace with enhanced resources and market reach through Alljobs' established presence. For investors, this indicates a successful exit for XPlace and a strategic expansion for Alljobs into the growing freelance economy.
Company Intelligence Q&A
- What is XPlace's primary business model?
- XPlace operates as an online marketplace connecting clients with freelance professionals across various fields, serving both B2C and B2B segments.
- When was XPlace founded and by whom?
- XPlace was founded in March 2003 by Allon Mason and Matan Amir.
- What was a significant corporate event for XPlace in 2022?
- In February 2022, XPlace was acquired by Alljobs, transitioning its status to an acquired company.
- What types of services do freelancers on XPlace offer?
- Freelancers on XPlace offer services in hundreds of categories, including web development, mobile app development, tech, design, writing and editing, and translation.
- Which company acquired XPlace?
- XPlace was acquired by Alljobs in February 2022.