Upwork's subsidiary Lifted acquired WorkMotion Software GmbH, incurring $5.7 million in transaction-related professional fees during Q3 2026.
Filing excerpt
For each of the three and nine months ended September 30, 2026, we incurred transaction-related costs of $5.7 million in connection with Lifted’s acquisition of WorkMotion Software GmbH. These costs primarily consisted of legal, accounting, and other professional fees, and were recorded in general and administrative expenses in the condensed consolidated statements of operations.
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Company
linkedin_urlValue in the APIindustriesValue in the APIemployee_count_lowValue in the APIemployee_count_highValue in the APIrevenueValue in the APIdescriptionValue in the APISignal
signal_nameValue in the APIassociationValue in the APIGET /v1/signals/8508949d-44cc-4fd7-82ed-e44f60059161 returns this record as JSON. POST /v1/companies/enrich returns every signal for upwork.com.
{
"signal_id": "8508949d-44cc-4fd7-82ed-e44f60059161",
"signal_type": "sec-10q",
"signal_subtype": "acquisitionCompleted",
"detected_at": "2026-11-03T07:05:57.662+00:00",
"company": {
"name": "Upwork",
"domain": "upwork.com"
},
"data": {
"detail": "Upwork's subsidiary Lifted acquired WorkMotion Software GmbH, incurring $5.7 million in transaction-related professional fees during Q3 2026. This expansion of their enterprise workforce footprint creates potential opportunities for enterprise compliance, integration, and HR tech vendors.",
"metrics": {
"timeframe": "current_quarter",
"dollar_context": "transaction-related costs in connection with Lifted's acquisition of WorkMotion Software GmbH",
"dollar_millions": 5.7
},
"quarter": "Q3",
"summary": "Upwork Incurred $5.7M in Deal Costs for Lifted's Acquisition of WorkMotion Software",
"excerpts": "For each of the three and nine months ended September 30, 2026, we incurred transaction-related costs of $5.7 million in connection with Lifted’s acquisition of WorkMotion Software GmbH. These costs primarily consisted of legal, accounting, and other professional fees, and were recorded in general and administrative expenses in the condensed consolidated statements of operations.",
"relevance": 0.85,
"sentiment": "positive",
"confidence": "high",
"source_url": "https://www.sec.gov/Archives/edgar/data/1627475/000162747526000055/upwk-20260930.htm",
"filing_date": "2026-11-02",
"filing_year": 2026,
"fiscal_year": 2026,
"fiscal_year_end": "09/30",
"period_end_date": "2026-09-30",
"sales_relevance": "Active integration needs",
"signal_category": "strategic"
}
}
curl https://signals.autobound.ai/v1/signals/8508949d-44cc-4fd7-82ed-e44f60059161 \
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-H "X-API-KEY: $AUTOBOUND_API_KEY" \
-H "Content-Type: application/json" \
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