Fiverr is one of the most popular websites for all types of freelancers. Whatever skill you may have, someone out there is willing to pay you for it! You can set your prices, work at your own pace, and accept the gigs you want to work on. In this article we’ll dive deep into the history of Fiverr, taking a look at the company’s origins, where the Fiverr headquarters are, and more interesting facts all about the popular freelance marketplace.
When Did Fiverr Start?
Fiverr started in February 2010, and it’s now one of the top 200 sites on the internet. Its popularity stems mainly from the innovation it brought to the freelancing industry, as well as the simplicity of the platform itself.
Who Created Fiverr?
Fiverr was created by two entrepreneurs: Micha Kaufman and Shai Wininger. They wanted to create a space where people could thrive on selling their skills, in order to escape the 9-5 routine from the comfort of their homes.
Where Is Fiverr Based?
Fiverr is based in Israel, and that was where it was founded. Tel Aviv is still home to the Fiverr headquarters, but over the years Fiverr has expanded, and there are now six offices scattered throughout the United States and Europe. There are Fiverr headquarters in New York, Orlando, San Francisco, Berlin, Kiev, and London.
How Many People Use Fiverr?
More than 3 million people use Fiverr as buyers. In just two years, Fiverr had already hosted 1.3 million gigs, and since then it has continued to grow. There are around 2.3 million sellers on Fiverr.
Interesting Facts About Fiverr
Fiverr Grew by 600%
Between 2012 and 2018, Fiverr grew its userbase by 600%. When it comes to finances, the pattern is the same. Only a few months after the founding of the company, Fiverr received an investment of $1 million, and from there its revenue just kept increasing. In 2015, the company announced that it had raised $60 million, while last year (2020) the generated revenue was around $190 million. This was their largest revenue increase since they started publicly reporting it, in 2017.
Fiverr Has More Than 500 Categories
When Fiverr first launched, there were only 8 service categories to choose from as a buyer or seller. As the popularity of the site increased, more people with different areas of expertise started joining, and new categories appeared.
Since 2018, 300 new categories have been added to the site, and now you can find more than 500 different categories to choose from. Again, there’s basically nothing you can’t buy or sell on Fiverr! If you have a skill, there’s probably someone out there who’s looking to pay for it.
Fiverr Drastically Changed in 2015
Fiverr was created to help freelancers get gigs easily, while also keeping the services cheap for buyers. In the beginning, all gigs used to cost $5, hence the name of the company.
As the company’s income increased, Fiverr started to gain more autonomy, and with the $60 million investment funding they received in 2015, they decided to lift the $5 cap and allow freelancers to charge higher rates for their services. At the moment, Fiverr lets you choose your own prices and various extra fees, depending on the services you offer.
A Great Way to Get Into Freelancing!
Fiverr is one of the best websites for freelancers, and one of the top 200 sites on the internet today. After being created in 2010 by two young entrepreneurs, Fiverr just kept on growing and expanding from Israel to the rest of the world. With millions of active sellers and buyers, Fiverr is one of the most popular freelancing websites in the world. This doesn’t come as a surprise considering it’s extremely user-friendly, allowing anyone with any skill to make some money. If you’re interested in learning more about the platform, and want to see if you too can profit from Fiverr, check out the rest of our articles on the subject here.