JavaScript is disabled in your browser. enable it to enjoy the full features of Tracxn.

Most viewed in 2019
Want to know more about Gig Economy?

Gig Economy companies globally

Sector Definition: Companies offering software for freelancers to manage their businesses and for companies to manage their freelance/contingent workforce. Gig Economy sector is also known as Freelance Economy or On-demand Economy.

Sector Definition: Companies offering software for freelancers to manage their businesses and for companies to manage their freelance/contingent workforce. Gig Economy sector is also known as Freelance Economy or On-demand Economy.

Last updated:

Companies in Gig Economy

There are 37,921 companies in Gig Economy which include Grab, Zomato, Glovo, Turo, Lyft. 6,435 companies in Gig Economy are funded, with 2,177 having secured Series A funding. Till date, the sector has seen the creation of 101 Unicorns. United States has the most number of companies in Gig Economy (7,591), followed by India (6,761), and then United Kingdom (2,642).
2024 has seen the creation of 217 Gig Economy companies. On average, the last 10 years have seen 2,707 new companies launched every year. Most number of Gig Economy startups have been founded by alumni from Harvard University, Stanford University and Harvard Business School.

Here is a List of top 10 companies in Gig Economy

1. Grab

App-based platform for booking personal transportation. Users can book rides by providing location, user details, payment details, preferred dates, destination. They offer services like deliveries, mobility, financial services, and more.

Key facts about Grab

  • Founded Year: 2012
  • Location: Singapore (Singapore)
  • Stage: Public
  • Total Funding till date: $10.4B
  • Investors: Didi, Toyota Motor and 104 Others
  • Latest Funding Round: Post IPO, Jul 27, 2021, $375M
  • Tracxn Score: 88/100 What is this?
  • Competitors Rank: 2 of 1,024 Competitors

2. Zomato

Discovery platform for food ordering and delivery from restaurants. The platform enables users to discover restaurants, browse the menus, and order food. It offers an interface and allows restaurants to register on the website. Its mobile application is available on Android and iOS platforms.

Key facts about Zomato

3. Glovo

Online marketplace offering multi-category grocery products. The product catalog includes fruits, vegetables, oil, honey, snacks, bakery products, beverages, meat, seafood, dairy products, and much more. It also offers food from restaurants.

Key facts about Glovo

4. Turo

App-based P2P car rental platform. Their platform connects vehicle owners who are willing to rent their cars with other users. Users can host or rent their vehicle on the platform and users in need of vehicles can search and book the vehicles of their preferences. It offers features like insured rides, contactless-delivery options, and more. Their mobile app is available for Android and iOS devices.

Key facts about Turo

5. Lyft

App-based ride-hailing aggregator. Their platform enables users to book rides by providing various details like location, passenger details, and more. It offers various services like taxi-hailing, self-driven vehicle rentals, and more. It offers features like real-time tracking, variant payments, insured rides, ride-based rewards, and more. Also, it offers industry-specific ride-hailing and concierge services for healthcare, business travel, higher education, and more. Their mobile app is available for both Android and iOS devices.

Key facts about Lyft

6. Careem

App-based ride-hailing aggregator. Users can book rides by providing location, passenger details, payment details, and more. The platform also offers services like food delivery, recharge services, grocery delivery services, and more. Apps are available for Android and iOS users.

Key facts about Careem

7. DoorDash

App-based platform offering food and grocery delivery services. The platform allows customers to discover local, on-demand delivery or pickup from restaurants, nearby grocery stores. The application is available on the iOS and Android platforms.

Key facts about DoorDash

8. Urban Company

App-based platform for multiple local services. The application allows users to find and book multiple local services including beauty, wellness, home repair, yoga training, cleaning, pest control, and more. It allows users to book services from homes by making an online payment.

Key facts about Urban Company

  • Founded Year: 2014
  • Location: Gurugram (India)
  • Stage: Series F
  • Total Funding till date: $376M
  • Investors: Accel, Elevation Capital and 32 Others
  • Latest Funding Round: Series F, Apr 27, 2021, $190M
  • Tracxn Score: 83/100 What is this?
  • Competitors Rank: 1 of 769 Competitors

9. iFood

Online platform offering on-demand food ordering and delivery services. It enables users to order food from nearby local restaurants that have registered on the platform. It also provides doorstep food delivery services.

Key facts about iFood

  • Founded Year: 2011
  • Location: Sao Paulo (Brazil)
  • Stage: Series F
  • Total Funding till date: $592M
  • Investors: Just Eat, Movile and 7 Others
  • Latest Funding Round: Series F, Nov 13, 2018, $500M
  • Tracxn Score: 83/100 What is this?
  • Competitors Rank: 2 of 239 Competitors

10. Thumbtack

Online marketplace for multi-category local services. It offers a platform for users to hire local service professionals such as photographers, tutors, gardeners, and painters. Customers can describe their requirements in detail based on questions asked on the platform and they deliver custom quotes from vetted professionals. Users can compare prices, see reviews, and hire a professional online.

Key facts about Thumbtack

View all Gig Economy Companies