Fiverr, an Israel startup backed by Bessemer and Accel, has filed to go public on the New York Stock Exchange.
Fiverr is a marketplace for freelancers to connect with employers. It makes most of its revenue on transaction and service fees.
Bloomberg previously reported that Fiverr would seek an $800 million valuation in its IPO, though its last funding round in 2015 valued the company at $262 million.
Visit Business Insider’s homepage for more stories.
Fiverr, an Israeli startup backed by Bessemer Venture Partners and Accel, has filed to go public on the New York Stock Exchange under the ticker “FVRR.”
The IPO is led by JPMorgan and Citigroup.
Fiverr, which was last valued at $262 million in 2015, is a marketplace for freelancers to match up with potential employers. The platform touts an array of creative projects, such as voice-over work, translations and illustrations.
Bloomberg previously reported that Fiverr would seek a valuation of $800 million in its IPO.
The company is backed by Bessemer Venture Partners, which led a seed round for the company, along with Accel. It has raised $110 million in venture funding since it was founded, according to PitchBook.
Read more: McDonald’s, Nvidia and Salesforce all want …read more
Source:: Businessinsider – Finance