# Upsolver

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

- Industry: Software
- Headquarters: Sunnyvale, US
- Website: www.upsolver.com
- Total disclosed funding: $43M
- Latest round: Series B (Apr 6, 2021)
- Investors on record: 5

## About

Upsolver Ltd., based in the US, specializes in advanced data management solutions, enabling efficient ingestion and processing of data for analytics and AI applications, primarily for software engineers and data teams.Founded in 2014 in Sunnyvale, US, Upsolver Ltd. provides a platform for high-scale data ingestion and management. The company was co-founded by Ori Rafael and Yoni Eini. It has successfully raised a total of USD 25.00 mn through its Series B funding round, led by Scale Venture Partners, with participation from Jerusalem Venture Partners, Vertex Ventures, and Wing. The most recent deal occurred on January 14, 2025, when Qlik Technologies Inc. acquired Upsolver Ltd.Upsolver offers a comprehensive platform for high-scale data ingestion and management, specifically designed for software engineers and data teams. Its key features include automated table maintenance, real-time data replication, and an Iceberg Table Optimizer that enhances query performance and reduces costs. The platform supports a wide range of clients including startups and large enterprises across North America and Europe, focusing on providing solutions that enable data engineers and analysts to improve data workflows and access for analytics and machine learning.Upsolver's revenue model is based on subscription services, where clients pay for access to their platform. This model is scalable, accommodating clients from startups to large organizations. Customers can opt for multi-year contracts or annual subscriptions, focusing on services such as Iceberg Table optimization and real-time data replication to ensure efficient data management across various sectors.In January 2025, Qlik Technologies Inc. acquired Upsolver Ltd. to enhance its platform capabilities. The acquisition is expected to facilitate the introduction of new products and improvements to existing services. The funding raised will support these initiatives and potentially fuel expansion into new markets. Specific geographic regions targeted for expansion have not been disclosed.

## Funding rounds

- Series B, Apr 6, 2021, $25M — Jerusalem Venture Partners, Scale Venture Partners, Wing, Vertex Ventures
- Series A, Jun 30, 2020, $13M — Jerusalem Venture Partners, Wing, Vertex Ventures
- Seed, Jan 18, 2016, $5M — Jerusalem Venture Partners, Wellborn Ventures

## Investors

- Jerusalem Venture Partners (https://capitalatlas.ai/funds/jerusalem-venture-partners) — Seed, Series A, Series B
- Wellborn Ventures — Seed
- Wing (https://capitalatlas.ai/funds/wing) — Series A, Series B
- Vertex Ventures (https://capitalatlas.ai/funds/vertex-ventures) — Series A, Series B
- Scale Venture Partners (https://capitalatlas.ai/funds/scale-venture-partners) — Series B