Upwork Inc., the largest online global marketplace that enables businesses to find and work with highly-skilled freelancers, announced today it has filed a registration statement on Form S-1 with the Securities and Exchange Commission for an initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Upwork intends to list its common stock on The Nasdaq Global Market under the ticker symbol “UPWK.”

Citigroup Global Markets Inc., Jefferies LLC, and RBC Capital Markets, LLC are acting as joint-bookrunning managers for the proposed offering. Stifel, Nicolaus & Company, Incorporated and JMP Securities LLC are acting as co-managers.

About Upwork

Upwork is the largest online global marketplace that enables businesses to find and work with highly-skilled freelancers1. Our company’s mission is to create economic opportunities so people have better lives.

Upwork is headquartered in Mountain View, California, with offices in San Francisco and Chicago.