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Upwork10-Q: Acquisition completed

Upwork acquires Bubty B.V. and Ascen Inc. to support new enterprise strategy

What happened

Upwork has completed two acquisitions, Bubty B.V. and Ascen Inc., to bolster its new enterprise-focused subsidiary, 'Lifted'.

Source

SEC EDGARMay 7, 2026

Quarterly report (Form 10-Q)

Upwork 10-Q

Filing excerpt

the expected impact and timing of strategic initiatives, including the launch of Lifted, our enterprise-focused subsidiary, and its acquisitions of Bubty B.V., which we refer to as Bubty, and Ascen Inc., which we refer to as Ascen, and other future conditions.

sec.gov/Archives/edgar/data/1627475/000162747526000034/upwk-20260331.htmRead the full source

Other signals in this filing (8)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Acquisition completed

What this signalsIntegration work after a deal often opens needs for new systems and services.

Fiscal year end
03/31
Filed
May 7, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Details

CIK
1627475
Accession number
0001627475-26-000034
Timeframe
Current year
Filing year
2026
Fiscal year
0
Why it matters
Active integration needs
Signal category
Strategic

Extraction

Confidence
High
Relevance
90%
Sentiment
Positive
Detected
May 12, 2026
signal_type
sec-10q
signal_subtype
acquisitionCompleted

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/7f86e260-f958-439c-ae45-80f428e1ef7a returns this record as JSON. POST /v1/companies/enrich returns every signal for upwork.com.

{
  "signal_id": "7f86e260-f958-439c-ae45-80f428e1ef7a",
  "signal_type": "sec-10q",
  "signal_subtype": "acquisitionCompleted",
  "detected_at": "2026-05-12T09:24:57.526+00:00",
  "company": {
    "name": "Upwork",
    "domain": "upwork.com"
  },
  "data": {
    "detail": "Upwork has completed two acquisitions, Bubty B.V. and Ascen Inc., to bolster its new enterprise-focused subsidiary, 'Lifted'. Post-merger integration efforts often create significant opportunities for IT, finance, and HR vendors as the company looks to consolidate systems and streamline operations.",
    "metrics": {
      "timeframe": "current_year"
    },
    "summary": "Upwork acquires Bubty B.V. and Ascen Inc. to support new enterprise strategy",
    "excerpts": "the expected impact and timing of strategic initiatives, including the launch of Lifted, our enterprise-focused subsidiary, and its acquisitions of Bubty B.V., which we refer to as Bubty, and Ascen Inc., which we refer to as Ascen, and other future conditions.",
    "relevance": 0.9,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1627475/000162747526000034/upwk-20260331.htm",
    "filing_date": "2026-05-07",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "03/31",
    "sales_relevance": "Active integration needs",
    "signal_category": "strategic"
  }
}

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