2 months after Israeli startup Stoke was founded, it raised $4.5 million. Here's the pitch deck it used.
But there are more than 100 million freelance workers around the world, and that number has been growing much faster than the number of traditional employees, Erez said. And companies, which are looking for both flexibility and new skills, have an incentive to increase their use of such workers, he said.
As a result, freelancers often aren't getting paid on time, some are working without completed contracts, many have never signed a required non-disclosure agreement, and some still have access to internal corporate systems after they've completed their work for the companies, he said. Other startups and companies, such as Amazon's Mechanical Turk and TaskRabbit, have set up marketplaces where freelancers can offer their service and companies and individuals can hire them. Stoke, by contrast, isn't running its own marketplace. Freelancers can't list their services directly on its system.Instead, Stoke is teaming up with other marketplaces, making their freelancers available to its customers.
Stoke, which is based in Tel Aviv, Israel, brought on board its first customer for testing in September, Erez said. It now has five corporate customers and dozens more in various stages of getting set up or signed up for the service, he said.
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