WorkMarket acquired by ADP
WorkMarket, the marketplace for managing contractors and freelancers, has been acquired by ADP, the payroll and human capital management company. The terms of the acquisition were not disclosed. “The WorkMarket team is thrilled to be joining ADP. We share the same vision of enabling companies and workers alike to navigate the changing labor marketplace with greater ease, and we look forward to offering our solutions to ADP’s vast client base” remarked Jeff Wald, cofounder and president of WorkMarket.
Investors in the acquired company: Spark Capital, SoftBank Capital, Foundry Group, Union Square Ventures, Industry Ventures
Total funding raised: $66M
Full coverage: WorkMarket Acquired by ADP
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