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In 2021, Toptal ranked as Market Leader in Ardent Partners' list of 2021 Digital Staffing Marketplaces Technology Advisor report. It also launched Remote Work Solutions that offers customized solutions to help companies build and sustain a robust remote work environment. In 2020, Toptal launched The Suddenly Remote Playbook, a comprehensive guide to help companies and employees manage to work remotely. It also expanded its talent network again by including on-demand product and project managers.

In 2019, Toptal launched, a platform to foster conversations about the expansion of the freelance economy, the rise of remote work, and the future of procurement and staffing at large enterprises. It also launched TopVolunteer, a platform connecting NGOs, charities, and other nonprofit organizations with talent in the network. In 2018, the company partnered with Payoneer to allow free payments between companies and freelancers around the world who used their platform. In 2017, Toptal expanded its talent network to include on-demand finance experts that had the experience and skills set to meet the demands of Fortune 500 companies. That year it also launched Top Tracker, the first of its kind free time-tracking tool tethered to a specific freelance marketplace Toptal Enterprise, a platform to meet the growing demand for enterprise-grade freelance talent solutions and Toptal Projects, a service to help clients solve urgent business needs by assembling and managing a team of experts. In 2016, Toptal acquired Skillbridge, a freelance marketplace for accountants, market research consultants, financial modelers, and statisticians. The company also expanded its talent network to include designers and launched a scholarship program for female developers. In 2015, the company reported year to year growth of 2,861% and ranked 33rd on Deloitte’s 2015 Technology Fast 500 list. In 2011, Toptal Platform was introduced, a proprietary piece of technology created to run all operations. As a result, the domain name, was officially registered and it became Toptal LLC in November. To fill this gap, Taso came up with the idea of Toptal, an online talent marketplace. It was during these coding sessions that he noticed how difficult it was to find expert freelance engineers on oDesk and Elance. In 2010, Taso was working as a lead database architect at Slide, an app house, and helping friends at Artsy with coding in his free time. Hourly rates on the platform mostly start around $60/hour and customers are provided invoicing services and payment options, including transferring funds into bank accounts through a partnership with their cross-border payments company Payoneer. The freelancer’s hourly rate is based on their expertise, qualifications, and location.

The company does not charge clients to hire a freelancer, instead, it charges a commission on the earnings of freelancers. If the client is not satisfied, their $500 deposit is refunded without being charged for any work the freelancer has submitted in those two weeks.

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Toptal offers a two-week trial period for clients to evaluate their chosen freelancers’ performance. The company can connect a recruiter with a freelancer within 24 hours, and 90% of the time, the recruiter hires the first freelancer they are introduced to. Rather than making them sort through dozens of resumes, Toptal sends them on average 1.7 choices of freelancers before the client signs a contract. pon registration, an introductory call is set up with them to understand their hiring needs. Recruiters can sign up on the platform for free.

The platform takes job requirements from companies looking for a freelancer, negotiates a budget, and vets them as well. This process ensures that clients work with only high-caliber and highly skilled freelancers. The screening involves an evaluation of skills, English language mastery, personality test, and a rigorous, real-world test project that takes 1-3 weeks to complete.

The company prides itself on only offering the top 3% freelancers of the market, with the help of their extensive screening and selection process. The platform helps companies tap into the expertise of top tech talent around the world, while at the same time, freelancers registered on the platform find high-quality jobs and guidance from Toptal’s expert team. Toptal is an online global network consisting of expert freelancers like designers, developers, finance experts, product and project managers that are connected with clients to work on freelance projects.