Fiverr International Ltd., a provider of connections for business to digital service freelancers has acquired Stoke Talent, an all-in-one service to help companies manage their work with freelance talent. The purchase allows Fiverr to add more value to larger businesses and integrate with existing corporate workflows.
Stoke Talent helps companies with the ability to build their own talent directory, track budget and milestone completions and provides tax and legal services. The acquisition expands Fiverr’s capabilities across multiple sectors of the business.
“The Stoke acquisition made complete sense on multiple levels,” said Micha Kaufman, founder and CEO of Fiverr. “It supports Fiverr’s move upmarket and allows us to engage with much larger customers; It allows Fiverr to offer software solutions to businesses that already have freelancers that they work with and now can manage them easily; It allows Fiverr to pair its marketplace talent with large customers that need access to freelancers they still do not yet have a relationship with.”