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oDesk Overview

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oDesk enables both buyers and providers of tech services to build business relationships around the world. This is possible due to a "pay by the hour" service which eases the lives of providers and buyers of services. Managers can oversee a project and chart progress with ease, and providers can rest assured of their payment.

4200 Bohannon Drive #100 Menlo Park, CA 94025 Map it »
650-853-4100
2002
Business Internet
Other Business Internet
Private

Funding

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Date Type Capital Amount Post-Money Valuation Investors
04/2006 Series A 6M Unknown
09/2006 Series B 8M Unknown
06/2008 Series C 15M Unknown

Products

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Name:oDesk
Product URL:http://www.odesk.com/
Description:oDesk makes it simple for two categories of people. It helps buyers of technology services to hire, manage and pay technology service providers from around the world. Buyers track their projects via webcams and direct access to timeslots and the work that their employees do, which enables them to manage almost as they would a local team.

This kind of "on-demand" employment service is also a convenient alternative for workers in the technology industry. Employees search for work just as employers do, can track their payments and are in direct contact with their employers.

oDesk seems to be an answer to many of the problems that users found with Elance. Both buyers and providers are given extensive information of the people they deal with, which includes a list of degrees and other certifications in addition to an independent reputation system and guesses as to rates of each individual.
Screenshots: oDesk product

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02/17/2012 02:34PM by sandeepmalviya001

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User Opinions

Bulls vs. Bears (7)

Bullish Opinions (4) Author/Date Do you agree?

Good market solution

bocafoos 04/24/2008

Great market, nice execution. I would be surprised not to see this grow.

pwittmann 04/22/2008

Leading technology for this market segment

rmowery 04/21/2008
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Bearish Opinions (3) Author/Date Do you agree?

Requires software download, activity monitoring - invasive for service providers

kenny 06/30/2008

Seems there are some complaints about their dispute services

green33 06/17/2008

There are lots of competitors offering similar services

steve 06/04/2008
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