Press release

Upwork’s Brian Levey Named an Inaugural Member of the SEC’s Small Business Capital Formation Advisory Committee

0
Sponsored by Businesswire

Upwork
(NASDAQ: UPWK), the largest freelancing website, today announced that
Chief Business Affairs and Legal Officer, Brian Levey, has been named to
the newly formed Small Business Capital Formation Advisory Committee for
the Securities and Exchange Commission (SEC). He is one of 15 appointed
members to the Committee.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20190430005216/en/

Upwork's Chief Business Affairs and Legal Officer, Brian Levey, has been named to the newly formed S ...

Upwork’s Chief Business Affairs and Legal Officer, Brian Levey, has been named to the newly formed Small Business Capital Formation Advisory Committee for the Securities and Exchange Commission (SEC). (Photo: Business Wire)

The Committee was established by the SEC
Small Business Advocate Act
, and is designed to provide a formal
mechanism for the Commission to receive advice and recommendations on
Commission rules, regulations and policy matters relating to small
businesses, including smaller public companies.

Levey intends to leverage his 25+ years of business, regulatory and
legal learnings from working with innovative public and private
companies to effectively advise the Committee. From his work as a
corporate attorney focused on IPOs and strategic financial transactions,
to his extensive background guiding marketplace platforms that foster
entrepreneurs such as eBay Inc. and now Upwork, Levey has spent much of
his career helping companies scale their capital infrastructure
efficiently and effectively.

“Serving on the Commission’s Small Business Capital Formation Advisory
Committee enables me to contribute to the same institution that provided
me a real-life introduction to the financial markets years ago when I
had a legal externship at the Commission during college,” said Levey. “I
believe this Committee can further efforts to enhance marketplace
efficiencies, serve as a resource for growing businesses and unlock
economic opportunities for entrepreneurs across all regions of the
United States.”

Levey joined Upwork as its only in-house attorney in 2013 when it was
still a privately-held company. In October 2018, he helped navigate
Upwork through its successful IPO process. The company is now the
largest global freelancing marketplace, enabling more than $1.7 billion
in gross services volume in 2018. The company enables businesses to find
and work with highly-skilled freelancers. As the pace of change
accelerates, businesses increasingly need access to specialized,
knowledge-based talent to compete. In addition, knowledge workers are
now seeking more flexible work options. Nearly three quarters (72
percent) of high growth businesses in the U.S. now embrace freelance
talent.1

Levey is based in Upwork’s Mountain View headquarters. He will attend
the Committee’s first meeting to be held on May 6th in Washington, DC,
coinciding with the kickoff of National Small Business Week.

About Upwork

Upwork
(NASDAQ: UPWK) is the largest freelancing website. It enables businesses
to find and work with highly skilled freelancers. As an increasingly
connected and independent workforce goes online, knowledge work — like
software, shopping and content before it — is shifting online as well.
This shift is making it easier for clients to connect and work with
talent in near real-time and is freeing professionals everywhere from
having to work at a set time and place. Our company’s mission is to
create economic opportunities so people have better lives. Upwork offers Upwork
Plus
, an offering tailored for small businesses to help them connect
with top-tier freelance talent.

Upwork is headquartered in Mountain View, Calif., with offices in San
Francisco and Chicago. For more information, visit our website at www.upwork.com,
join us on Twitter,
Facebook
and LinkedIn.

______________________________

1Future Workforce Report, https://www.upwork.com/i/future-workforce/fw/2019/