Fiverr Acquires CreativeLive: Expanding Online Learning Options

Fiverr Acquires CreativeLive to Enhance Freelancer Skill Development

Fiverr, a leading freelance marketplace, has announced the acquisition of Seattle-based CreativeLive. The financial terms of the deal were not disclosed.

About CreativeLive

CreativeLive operates as an entrepreneurial learning platform. It provides users with access to courses covering a wide range of subjects, including video production, photography, design, business strategies, and marketing techniques.

Fiverr's Strategic Rationale

Fiverr emphasizes the importance of continuous skill development in today’s evolving work landscape. The company views providing learning opportunities as integral to its role in supporting both buyers and sellers on its platform.

“We believe in supporting the complete freelance lifestyle,” stated Micha Kaufman, founder and CEO of Fiverr. “This acquisition aligns with our strategy to offer professional education and training to our community.”

Exceptional Course Quality

CreativeLive boasts a distinguished faculty. Its instructors include recipients of prestigious awards such as the Pulitzer Prize, Grammy Award, and Oscar. Furthermore, the platform features New York Times best-selling authors and prominent entrepreneurs.

Fiverr recognizes CreativeLive’s expertise in crafting engaging learning experiences as a valuable asset. This will complement and enhance its existing offerings.

Future Operations

CreativeLive will continue to operate as an independent entity. The company intends to expand its team from its Seattle headquarters.

Fiverr’s current learning platform, Fiverr Learn, will be integrated into CreativeLive. This consolidation will facilitate the expansion of course offerings.

CreativeLive's Vision

“The future demands adaptability and innovation,” said Chase Jarvis, founder and CEO of CreativeLive. “Joining the Fiverr family will allow us to broaden our reach and provide even more opportunities for economic advancement.”

Company Backgrounds

Founded in 2010, CreativeLive aimed to address a gap in the market for high-quality online courses tailored to creative professionals. To date, the platform has delivered over 2,000 classes to more than 10 million users.

Also established in 2010, Fiverr reports that four million customers purchased services from freelancers on its platform during the last fiscal year. These transactions spanned over 160 countries. The company went public on the NYSE in 2019.

Recent Fiverr Developments

Earlier this year, Fiverr introduced subscription options for services. Sellers can now offer defined work packages on a monthly basis, with subscriptions lasting three or six months. Both buyers and sellers have the flexibility to cancel subscriptions at any time without incurring penalties.

Here's a summary of key benefits: