Independent Marketplace Fiverr this morning announced it has acquired Seattle-based e-learning company CreativeLive for an undisclosed amount. CreativeLive is an entrepreneurial learning platform where users can take courses in video, photography, design, business, marketing, and more.
Fiverr, which is an online marketplace that connects businesses with on-demand freelancers, says the ability to learn new skills in a changing work environment is part of its role in driving the business. transformation for buyers and sellers on its platform.
“Fiverr is more than just a work platform, we fundamentally believe in supporting the entire independent lifestyle, and that includes vocational education and training,” said Fiverr Founder and CEO, Micha Kaufman, in a press release. “The acquisition of CreativeLive is part of this larger strategy. The depth and caliber of the courses offered by CreativeLive are exceptional and we look forward to bringing them to our entire community.
The company notes that CreativeLive’s instructors include a diverse group of Pulitzer Prize, Grammy and Oscar winners, as well as New York Times bestselling authors and notable entrepreneurs. Fiverr says CreativeLive’s expertise in creating compelling learning experiences is a natural fit for their platform.
CreativeLive will remain a stand-alone service and will grow its team from its current headquarters in Seattle. Fiverr’s current e-learning platform, Fiverr Learn, will be integrated with CreativeLive as it strives to expand its offerings post-acquisition.
“The future fosters people and businesses who can create, innovate and adapt to a fast-paced work environment,” CreativeLive Founder and CEO Chase Jarvis said in a statement. “We are excited to be part of the Fiverr family and expand our inventory of exciting courses that increase economic opportunities for our community, the Fiverr community, and today’s modern workforce. “
CreativeLive was founded in 2010 with the goal of “sitting at the intersection of the future of creativity, learning and work” and filling the void that exists in online courses for professionals. creation. Since then, the company has offered more than 2,000 courses that have reached over 10 million users.
Fiverr, which was also founded in 2010, claims that four million clients purchased services from freelancers on its platform in more than 160 countries in its last fiscal year. Additionally, the company filed for an IPO on the NYSE in 2019.
Earlier this year, Fiverr expanded beyond project-based payments with the launch of three- or six-month subscriptions. With this feature, sellers on Fiverr can offer to deliver a defined set of work each month. The buyer or seller can cancel at any time without having to pay any fees on the remaining months of the subscription