Terawork

company

About

Terawork is a one-stop freelance marketplace helping African talent earn income globally through freelancing.

  • 11 - 50

Details

Last Funding Type
Non-Equity Assistant
Industries
Freelance,Outsourcing,Professional Services
Founded date
Dec 10, 2017
Number Of Employee
11 - 50
Operating Status
Active

Terawork is a one-stop freelance marketplace helping African talent earn income globally through freelancing.
Terawork seeks to take outsourcing to the next level by offering a robust platform that matches customers with the most suitable freelancers for their job offers. To the customer, the platform offers more than just a diversified crop of professionals providing freelancing service; it comes with numerous quality checks that ensure that projects are handled and delivered in good time by the most capable hands.

To the freelancers, the platform offers more than just a go-to source for orders; TERAWORK cultivates a corporate culture that stimulates continuous self-development and human capacity building. It encourages a feedback loop that allows clients to connect with freelancers on a much deeper level, such that’s highly beneficial to both customer experience and working experience.

How It Works

TERAWORK is a platform that connects talents with clients in need of their services from all around the globe. The guiding principles of the organization, which vies to eliminate impediments to outsourcing, reflects in the fact that the platform is completely free for both service providers and customers to sign up on, with secure registration systems and air-tight payment processes.

To sign up as a service provider, you simply need to create a free, eye-catching profile (probably featuring videos and animations) that describes the unique skills and services that you offer. Afterward, you’ll be receiving messages or notifications about new projects or quotation requests. You can also check the workstore to pick up jobs that you qualify for.

To place orders, log into your free account and either order work directly from a particular service provider with a befitting profile, or post a job request (commonly called Request for Quotation or RFQ) and then choose from the different quotes and responses from qualified talents who’ll be contacting you.
The funds you allocate for the project remains secured in an escrow setup until you approve of the completed work done. Note that we reserve the right to intervene in cases where a service provider feels the customer unduly rejects a submitted work.

Key Features of the TERAWORK Platform

The Work Store: The section of the platform where customers post job offers for qualified freelancers to see and respond with quotes and proposals.

The Escrow Payment System: We escrow payments and release your deposited funds to a service provider only after you approve of the finished work.

A Rich, All-Inclusive Pool of Talents: Our pool of talents cater to an all-inclusive client base from all around the world, from startups looking for creative design talents, to businesses looking to implement certain digital strategies, and blog owners looking for fresh blog posts.

Two-Way Review System: Customers are encouraged to leave reviews of work done on the service provider’s public profile, and the service provider can also rate customers they’ve worked for to help other freelancers establish expectations for working with the customer. Note that we reserve the right to prevent clients or freelancers from publishing unfair reviews.

Multiple Delivery Channels: Depending on the type of service requested, your deliverable can be sent to you via the TERAWORK cloud, courier, or a specified location where you can pick it up.

Conclusion

TERAWORK is here to knock several drawbacks of outsourcing out of the equation for both customers and freelancers. Charging a small commission on works done on the platform, it offers clients a rich stock of excellent talents and offers freelancers an integrated office in a box that allows them to find and fill work orders hassle-free.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
Terawork has raised a total of — in funding over 2 rounds. Their latest funding was raised on Mar 14, 2022 from a Non-Equity Assistant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 14, 2022 Non-Equity Assistant 1 Google for Startups Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Terawork is funded by 1 investors. Google for Startups are the most recent investors.
Investor Name Lead Investor Funding Round
Google for Startups Yes Non-Equity Assistant