Fiverr Continues to Expand Its Annual Business Accelerator Program and Unveils Its Largest Cohort of 15 Founders In Its Fourth Year

Rhea-AI Summary

Fiverr (NYSE: FVRR) has announced the expansion of its business accelerator program, The Future Collective, now in its fourth year with its largest cohort yet of 15 founders. The six-month program targets underrepresented entrepreneurs, offering funding, education, and coaching to foster business growth.

This year’s cohort includes businesses from diverse industries such as fashion, health and wellness, food and beverage, web design, and more, hailing from 11 states across the U.S. Notable companies include Abeille Creations, Bri’s Dance, Digital Flagship, and Goodies Frozen, among others.

Participants will receive $8,000 in cash and $4,000 in Fiverr credits, along with access to workshops and one-on-one coaching. The program is designed to help founders at important stages of their business journeys and is overseen by Fiverr and 1863 Ventures. The previous cohort reported significant benefits, including a 43% increase in projected revenue and new business opportunities.

Fiverr CEO Micha Kaufman emphasized the importance of supporting small businesses and expressed excitement about expanding the program to assist more founders.

Positive

• Largest cohort of 15 founders in the fourth year of the program.
• $8,000 in cash and $4,000 in Fiverr credits provided to each participant.
• Previous cohort saw a 43% increase in projected revenue and 13 new business opportunities.
• Diverse range of businesses and backgrounds represented from 11 states.

Negative

• None.

Insights

Market Research Analyst

This business accelerator expansion, while commendable from a corporate social responsibility perspective, has minimal direct financial impact on Fiverr's bottom line or stock value. The program's investment of $12,000 per founder ($8,000 cash + $4,000 Fiverr credits) totals $180,000 for 15 founders - a nominal amount given Fiverr's market cap of $1.2B.

The previous cohort's success metrics are modest: a 43% average projected revenue increase and 13 business opportunities generated. While these entrepreneurs may become loyal Fiverr platform users, the program's scale is too small to meaningfully impact platform growth or financials. The expansion from 5 to 15 founders over four years demonstrates cautious, measured growth rather than aggressive scaling.

For retail investors, this initiative represents long-term brand building and ecosystem development rather than a catalyst for near-term financial performance. The program helps Fiverr strengthen its position in the freelance marketplace by cultivating relationships with emerging businesses, but the revenue impact will likely be negligible in the short to medium term.

Founders in the six-month accelerator program for underrepresented entrepreneurs will receive access to funding, education, and coaching to support their business growth

NEW YORK, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Fiverr (NYSE: FVRR), the company changing how the world works together, today announced the continued expansion of its business accelerator program with its largest cohort of 15 founders into its fourth annual business accelerator, The Future Collective. Founders in the six-month accelerator program, which supports underrepresented entrepreneurs, will receive a combination of resources designed to support business growth, including cash and Fiverr credits, access to workshops, and one-on-one coaching.

Spanning across industries, this year’s cohort represents businesses ranging from lifestyle brands, including fashion and accessories, health and wellness, and food and beverage, to business services like web design, digital experiences and construction. From veteran-owned businesses to first-generation immigrant entrepreneurs, this year’s cohort represents a diverse range of backgrounds from 11 states nationwide.

“Small businesses are the backbone of the economy and we’re continually amazed and inspired by the work of the founders of The Future Collective,” said Micha Kaufman, Founder and CEO of Fiverr. “It is a privilege to be a part of their journeys, and we’re thrilled to expand the program to support even more founders and businesses.”

The fifteen businesses and founders that comprise Fiverr’s 2025 Future Collective cohort are:

• Abeille Creations (Miami, FL): Founded by Melissa Mitchell, Abeille Creations is a fashion brand and design house that specializes in creating apparel, home decor, clothing, and accessories with a focus on art.
• Bri’s Dance (Merrillville, IN): Bri's Dance Place, founded by Brianna Hairlson, is a multi-generational dance studio focusing on age-appropriate choreography, costumes, and music.
• Digital Flagship (Jersey City, NJ): Digital Flagship is a web design & development studio founded by AJ Camara that specializes in building engaging online experiences for direct-to-consumer e-commerce brands and tech startups.
• Goodies Frozen (Alexandria, VA): Founded by Brandon Byrd, Goodies Frozen offers Wisconsin-style Frozen Custard and nostalgic treats inspired by a classic 1950s soda fountain.
• Inclusive Communication Services (New York, NY): Inclusive Communications Services is an accessibility solutions provider founded by Shelby Edwards that offers spoken and sign language interpretation, translations, captions, and media.
• Junobie (West Lafayette, IN): Founder and mom Nikeytha Ramsey is the creator of Junobie, the world’s first reusable breast milk bag and storage solutions.
• Just Elope LLC (Dallas, TX): Just Elope, founded by Jennifer Allen, plans luxurious micro weddings in 24 hours while offering expert guidance on navigating married life.
• Luxe Gather (Coral Springs, FL): Luxe Gather, founded by Tiffany Morris, is a mobile events company specializing in unique spa and gaming party experiences for kids.
• Main Attraction (Charlotte, NC): Founded by Arion Herbert, Main Attraction is a community-driven sports organization that promotes a healthy social environment through organized kickball games and tournaments.
• Mixed Up (Los Angeles, CA): Mixed Up Clothing is a veteran-owned children’s fashion brand founded by Sonia Smith Kang. It celebrates and promotes cultural awareness through vibrant, globally inspired designs that empower kids to embrace their heritage.
• Mom Juice (Denver, CO): KT Winery, best known for its brand Mom Juice founded by Kristin Taylor, offers low-sugar, gluten-free and vegetarian wines made with nine ingredients or less.
• Supermixers (Orlando, FL): Supermixers is a global construction equipment supplier founded by Daniel Bracho that delivers top-quality concrete solutions to over 15 countries.
• Theramotive (New York, NY): TheraMotive, founded by Dr. Lola Omishore, builds innovative portable clinics to serve all of New York City, filling the void in healthcare access for all patients.
• TJL Collection (Memphis, TN): Created by Tiffany Jones-Lewis, TJL Collection is a women's fashion brand focused on pants with longer inseams for individuals who are 5'9 and taller.
• Whims Delight (Austin, TX): Whims is a new chocolate brand created by husband-and-wife duo Leanne Viola and Jesse Barruch, specializing in low-sugar, gluten-free, and dairy-free chocolate treats.
  

Making a valuable impact on the founders and businesses in the program, the Future Collective’s 2024 cohort reported that 13 business opportunities were generated from the program, 89 meaningful connections were made, and their average projected revenue increased by 43%. Highlights include BrickRose Exchange seeing its revenue increase by 20% since joining The Future Collective, while Talent Poole shared that it tripled the value of one of its contracts by redefining its services and packages — a move directly attributed to the coaching she received.

The Future Collective is an accelerator program by Fiverr for early-stage U.S. and Canada-based underrepresented entrepreneurs at pivotal moments in their business. Awardees receive $8,000 in cash and $4,000 in Fiverr credits, and six months of education and coaching overseen by Fiverr and 1863 Ventures, a DC-based organization working to accelerate founders historically underestimated from high potential to high growth. Launched in 2021, The Future Collective has since expanded from supporting five entrepreneurs to supporting 15 founders from all underrepresented communities.

About Fiverr
Fiverr’s mission is to change how the world works together. We exist to democratize access to talent and to provide talent with access to opportunities so anyone can grow their business, brand, or dreams. From small businesses to Fortune 500, around 3.8 million customers worldwide worked with freelance talent on Fiverr in the past year, ensuring their workforces remain flexible, adaptive, and agile. With Fiverr Business Solutions, large companies can find the right talent and tools tailored to their needs to help them thrive and grow. On Fiverr, you can find over 700 skill categories, ranging from AI to programming and 3D design, digital marketing to content creation, and from video animation to architecture.

Don’t get left behind - come be a part of the future of work by visiting fiverr.com, reading our blog, and following us on Instagram, X, and Facebook.

Press Contacts:
Jenny Chang
Tommy Lee
press@fiverr.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/23da85b2-8b29-4b45-805a-e3c813bd6b35

FAQ

What is the purpose of Fiverr's business accelerator program?

Fiverr's business accelerator program, The Future Collective, aims to support underrepresented entrepreneurs by providing funding, education, and coaching to foster business growth.

How many founders are part of Fiverr's 2025 Future Collective cohort?

Fiverr's 2025 Future Collective cohort includes 15 founders.

What do participants in Fiverr's accelerator program receive?

Participants receive $8,000 in cash, $4,000 in Fiverr credits, access to workshops, and one-on-one coaching.

How did the previous cohort of Fiverr's Future Collective benefit from the program?

The previous cohort reported a 43% increase in projected revenue, 13 new business opportunities, and 89 meaningful connections.

Who oversees Fiverr's business accelerator program?

Fiverr's business accelerator program is overseen by Fiverr and 1863 Ventures.

What types of businesses are included in Fiverr's 2025 Future Collective cohort?

The cohort includes businesses from industries such as fashion, health and wellness, food and beverage, web design, and more.

How does Fiverr's accelerator program support business growth?

The program supports business growth by providing funding, education, coaching, and access to workshops.

What is the significance of Fiverr's expanded business accelerator program?

The expansion signifies Fiverr's commitment to supporting a larger number of underrepresented entrepreneurs and helping them grow their businesses.