CrowdWorks

CrowdWorks

Crowdsourcing service that allows companies and individuals to directly connect online and place and receive jobs.

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DateInvestorsAmountRound
-investor investor investor investor investor investor

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$5.0m

Post IPO Equity
Total Funding000k

Financials

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Revenues, earnings & profits over time
JPY2021202220232024202520262027
Revenues0000000000000000000000000000
% growth(11 %)36 %25 %30 %36 %13 %12 %
EBITDA0000000000000000000000000000
% EBITDA margin8 %-11 %10 %10 %10 %11 %
Profit0000000000000000000000000000
% profit margin8 %8 %8 %5 %4 %3 %4 %
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article, Equity research estimates

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More about CrowdWorks
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CrowdWorks, Inc. operates one of Japan's largest crowdsourcing platforms, connecting businesses with a diverse pool of freelance professionals. The company's primary service is an online marketplace where businesses can post job requests and hire freelancers for a wide range of tasks, from simple data entry to more complex projects like software development and design. This model allows businesses to access a flexible workforce on demand, while providing freelancers with opportunities to find work that matches their skills and availability.

The platform's business model is based on a commission fee system. When a job is completed and the freelancer is paid, CrowdWorks takes a percentage of the transaction as revenue. The company serves a wide range of clients, from small and medium-sized enterprises to large corporations and even government ministries in Japan. The market it operates in is the growing gig economy and freelance market, particularly within Japan.

Established in 2011 and publicly listed on the Tokyo Stock Exchange in 2014, CrowdWorks has established a significant presence in the Japanese market. The platform includes features to facilitate smooth project execution, such as communication tools, file sharing, and a secure payment system where funds are held in escrow until the work is approved. This structure is designed to build trust and security for both clients and freelancers.

Keywords: crowdsourcing, freelance marketplace, gig economy, online outsourcing, Japanese market, remote work, project-based work, business services, human resources, online platform

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Investments by CrowdWorks

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Sribu
ACQUISITION by Mynavi Mar 2022
SONICMOOV
ACQUISITION by CrowdWorks Jul 2024
CODEAL
ACQUISITION by CrowdWorks Sep 2021
YU -Create
ACQUISITION by CrowdWorks Sep 2023