Fiverr International Ltd. (FVRR) Presents at Annual JPMorgan Global Technology, Media and Communications Conference (Transcript)

Fiverr International Ltd. (NYSE:FVRR) Annual JPMorgan Global Technology, Media and Communications Conference May 13, 2025 3:50 PM ET

Company Participants

Micha Kaufman – Chief Executive Officer
Ofer Katz – Chief Financial Officer

Conference Call Participants

Doug Anmuth – JPMorgan

Doug Anmuth

All right, we’re going to go ahead and get started. I’m Doug Anmuth, J.P. Morgan’s Internet Analyst. Very happy to have with us Fiverr’s co-founder and CEO, Micha Kaufman, and CFO, Ofer Katz.

Fiverr is a global marketplace that connects freelancers and businesses for digital services in more than 700 categories, from graphic design and copywriting to voiceover music, AI services, many more. In the past 12 months, more than 3.5 million customers bought a wide range of services from freelancers working in over 160 countries.

Micha is the Founder, CEO, and Chairman, been CEO since the beginning, 15 years ago, serial entrepreneur who has also founded and led several other tech ventures. Ofer has served as Fiverr’s president since February 21, and full-time CFO since July of 2017. So welcome, both of you. Thank you.

Micha Kaufman

Thank you. Thanks for having us.

Question-and-Answer Session

Q – Doug Anmuth

Okay. Let’s talk kind of big picture about the freelancer market. In the U.S., you talk about a kind of TAM of around $250 billion. Including international, this would obviously be that much bigger. Maybe you can talk a little bit about some of the friction points that you feel like you need to address to unlock more of this TAM opportunity.

Micha Kaufman

I think first and foremost, it’s about awareness. A lot of the freelancing activity in the world generally is very fragmented, and still very old-fashioned in the sense that when people require assistance from freelancers, they call their friends, or they’re looking for local agencies, and that is disregarding the fact