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Upwork Named to Fast Company's Most Innovative Companies of 2025
UPWKUpwork(UPWK) Newsfilter·2025-03-18 18:10

Core Insights - Upwork has been recognized by Fast Company as one of the Most Innovative Companies of 2025 in the Human Resources category, highlighting its transformative approach in the work marketplace by integrating human expertise with AI tools [1][2] Company Innovation - Upwork is leading the AI-powered future of work by developing innovative products that enhance how businesses engage with talent, focusing on agile, skills-based hiring models [2][4] - Uma™, Upwork's Mindful AI, serves as an intelligent work companion that streamlines processes from hiring to project management, enabling faster execution and higher-value work for freelancers [3][4] Economic Impact - Upwork's platform has facilitated over $20 billion in economic opportunity for independent talent across more than 180 countries, allowing businesses to scale and professionals to access work beyond traditional barriers [5][7] Performance Metrics - In 2024, Upwork experienced a 60% year-over-year increase in gross services volume (GSV) from AI-related work and a 42% increase in clients engaging with AI projects, indicating a growing demand for tech-enabled solutions [4][6] - Freelancers working on AI-related projects earned 44% more per hour compared to those on non-AI projects in 2024, showcasing the financial benefits of engaging in AI work [6]