GigRadar, a U.S.-based AI platform that helps digital companies and freelancers scale on Upwork, has acquired Upsky, a Lviv-founded startup specializing in automating consumer communication and proposal workflows.
The strategic transfer goals to strengthen GigRadar’s product ecosystem and ship sooner, smarter, and extra environment friendly development instruments for the worldwide freelance market – the place over 18 million professionals compete for initiatives daily.
Upsky’s automation aligns completely with our product imaginative and prescient. Collectively, we’re bringing companies a wiser strategy to win on Upwork – much less handbook work, extra outcomes.”
— Vadym Ovcharenko, CEO of GigRadar
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A strategic step towards clever development on Upwork
GigRadar’s acquisition of Upsky is not only a enterprise deal – it’s a milestone in constructing an built-in AI suite designed to simplify how companies win and handle contracts on Upwork.
Based by Mykola Breslavskyi and Volodymyr Khodonovych in 2024, Upsky has constructed an AI agent that automates consumer responses, personalizes proposals, and integrates seamlessly with Slack, Telegram, and CRMs.
By decreasing handbook effort and growing lead-to-contract conversion, the device empowers companies to concentrate on creativity and technique relatively than repetitive bidding duties – saving customers on common 15hours per week and bettering response effectivity by 40%.
“Upsky’s automation aligns completely with our product imaginative and prescient,” mentioned Vadym Ovcharenko, CEO of GigRadar. “Collectively, we’re bringing companies a wiser strategy to win on Upwork – much less handbook work, extra outcomes.”
Why this acquisition issues
The acquisition extends GigRadar’s AI ecosystem, which already helps 1000’s of top-rated companies throughout advertising and marketing, IT, DevOps, design, and different sectors automate job discovery, analytics, and bidding.
By integrating Upsky’s know-how, GigRadar will provide a extra full expertise – combining real-time analytics, automation, and communication intelligence in a single platform.
GigRadar stories that its customers have already generated over $45 million in Upwork contracts, with continued development in demand for AI-driven instruments within the freelance financial system.
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