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How much money does UpWork make?

Last updated on September 24, 2022 @ 8:53 pm

UpWork is a website that connects workers with businesses. The site allows businesses to post jobs, and then connects workers with the jobs that fit their skills and interests.

Workers can choose which jobs to apply to, and then UpWork will match them with businesses that are the best fit for their skills.

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UpWork makes money by charging businesses a commission on the jobs that workers are hired to do. The commission varies based on the job, but is typically between 2 and 5 percent.

UpWork also earns money by charging workers for the services that they use, such as resume review and job placement. In total, UpWork makes money from both the jobs that are posted on the site, and the services that are used by workers.

Based on this information, it is safe to say that UpWork makes a significant amount of money. Overall, the site earns somewhere between $1 billion and $2 billion per year.

Morgan Bash

Morgan Bash

Technology enthusiast and Co-Founder of Women Coders SF.