XPlace

Company Overview

Snapshot

Founded in March 2003 by Allon Mason and Matan Amir, XPlace operates with 1–10 employees. The company was acquired by Alljobs in February 2022.

Business overview

XPlace operates an online freelance marketplace connecting clients with freelance professionals across various fields, including web development, mobile app development, tech, design, writing, editing, and translation. The platform enables individuals and businesses to post projects, specify required skills, and receive bids from skilled freelancers. XPlace serves both B2B and B2C markets within the Retail Platforms and Human Resources Management sectors.

Strategic signal

In February 2022, XPlace was acquired by Alljobs. This acquisition signals a strategic consolidation within the freelance marketplace sector, indicating Alljobs' intent to expand its offerings and market reach by integrating XPlace's established platform and professional network. For investors, this highlights the ongoing M&A activity and value creation opportunities in the online talent marketplace.

Company Intelligence Q&A

What is XPlace's primary business?

XPlace operates an online marketplace that connects clients with freelance professionals for various projects and jobs, spanning fields such as web development, mobile app development, design, and translation.

When was XPlace founded?

XPlace was founded in March 2003.

Who are the founders of XPlace?

XPlace was co-founded by Allon Mason and Matan Amir.

When was XPlace acquired?

XPlace was acquired by Alljobs in February 2022.

What was the nature of XPlace's acquisition by Alljobs?

XPlace was acquired by Alljobs in February 2022, integrating its freelance marketplace into Alljobs' operations.