# Uplevel

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/uplevel

- Industry: Software
- Headquarters: Seattle, US
- Website: www.uplevelteam.com
- Total disclosed funding: $28M
- Latest round: Series A (May 27, 2022)
- Investors on record: 4

## About

Uplevel Inc. is a technology company specializing in engineering optimization systems to enhance productivity for software development teams through advanced analytics.Founded in 2018 and headquartered in Seattle, US, Uplevel Inc. provides an analytics platform designed to improve developer productivity and effectiveness. The company has successfully completed 2 funding deals with the most recent transaction occurring in May 2022, raising USD 20.000 mn in Series A funding led by Cota Capital, with participation from Madrona Venture Group, Norwest Venture Partners, and Voyager Capital. The company's valuation currently stands at USD 45.166 mn. Uplevel was co-founded by Dave Matthews and Tamim Khan, and the CEO is Joe Levy.Uplevel offers an engineering optimization system designed to enhance the productivity and effectiveness of technology teams within organizations. Its core product is an analytics platform that consolidates engineering metrics, enabling leadership to gain high-level insights as well as in-depth analyses of developer activities. By focusing on real-time data, Uplevel addresses common challenges such as identifying hidden blockers, optimizing developer time, and facilitating sustainable delivery rates. The platform is utilized by prominent clients in various sectors, including technology and software development, with notable customers like Braze, Xactly, Accolade, and Avalara. Uplevel primarily serves clients in North America and is expanding its reach into other key markets where technology adoption is accelerating.Uplevel's business model is built around a subscription-based revenue structure, allowing organizations to access its analytics platform for a fee that is typically billed annually. Clients engage with the platform through various pricing tiers that correspond to the scale of their operations and the specific features they require. These transactions are primarily B2B, with partnerships formed between Uplevel and its clients to facilitate tailored integration of the platform into existing workflows. The firm’s flagship offerings focus on maximizing value delivery and optimizing developer experiences, underscoring its commitment to enhancing productivity within engineering teams.In May 2022, Uplevel Inc. raised USD 20.000 mn in Series A funding to enhance its operational capabilities. The company plans to utilize the funding to improve headcount and grow its product offerings. Uplevel aims to expand its presence into additional key markets as technology adoption accelerates, further solidifying its position in the analytics space.

## Funding rounds

- Series A, May 27, 2022, $20M — Norwest Venture Partners, Voyager Capital, Madrona Venture Group, Cota Capital
- Seed, Jan 15, 2020, $7.5M — Norwest Venture Partners, Voyager Capital, Madrona Venture Group

## Investors

- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Seed, Series A
- Voyager Capital (https://capitalatlas.ai/funds/voyager-capital) — Seed, Series A
- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Seed, Series A
- Cota Capital (https://capitalatlas.ai/funds/cota-capital) — Series A