# Upstash

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

- Industry: IT Infrastructure
- Headquarters: San Jose, US
- Website: www.upstash.com
- Total disclosed funding: $12M
- Latest round: Series A (Feb 9, 2024)
- Investors on record: 5

## About

Based in California, US, and founded in 2021, Upstash, Inc. engages in developing a serverless data platform for developers of data-intensive applications. In March 2022, Upstash, Inc. raised USD 1.9 million in Seed funding from AngelList, Mango Capital, ScaleX, and individual investors. Enes Akar (CEO) and Mehmet Dogan (CTO) are the co-founders of the company.

Upstash is a serverless in-memory cloud database that can be used for caching layers or as a database. The firm's serverless data include Redis® and Kafka®.

The company generates revenue through subscription plans that include free, pay as you go, and enterprise plans for serverless data such as Durable Redis, Kafka meets simplicity, Per-Request Pricing with Cap, and Designed for the Edge.

The organization plans to use the March 2022 funding to build a serverless data platform for Redis and Kafka.

## Funding rounds

- Series A, Feb 9, 2024, $10M — Earlybird, Andreessen Horowitz, Mango Capital
- Seed, Mar 15, 2022, $1.9M — ScaleX, Mango Capital, AngelList

## Investors

- ScaleX (https://capitalatlas.ai/funds/scalex) — Seed
- Mango Capital (https://capitalatlas.ai/funds/mango-capital) — Seed, Series A
- AngelList — Seed
- Earlybird (https://capitalatlas.ai/funds/earlybird) — Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A
