Twine

Overview
News
Online Freelancing Platforms?
Product stageSegments
Go-to-Market
?
Design and creative
?

UK-based Twine offers a network of vetted freelancers specialized in creative, development, and marketing roles. Specific roles include video and animation, graphic design, app and web development interfaces, audio development, and digital marketing services.

Additionally, Twine differentiates itself from competitors in the space via its offering of specialized audio and video datasets for machine learning and AI research projects. 

Companies can post their projects for free on the platform and freelancers subsequently pitch themselves for the projects. The company can then shortlist suitable candidates for the project. As of October 2024, the company had over 500,000 freelancers established on its platform globally.

The company generates revenue via monthly subscriptions, which include those paid by clients (USD 139 per project) and those charged to freelancers (USD 14).

Enterprises not on the company’s subscription plans are charged a sliding service fee based on lifetime payments to freelancers on a project.

Key customers and partnerships

As of October 2024, the company had over 35,000 enterprises using its platform. Notable enterprises include Netflix, Amazon, and Avast, among others.

In May 2021, Twine partnered with insurance agency Simply Business to provide freelancers on its platform with access to their services.

HQ location:
Virginia House 5-7 Great Ancoats Street Manchester GBR
Founded year:
2013
Employees:
51-100
IPO status:
Private
Total funding:
USD 2.6 mn
Last Funding:
USD 1.6 mn (Series Unknown; Aug 2020)
Last valuation:
-
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