Uptake Technologies

SoftwareSeries EChicago, USuptake.com

Latest round

Series E

Last raised

Dec 2021

Total raised

$255M

Investors

5

About Uptake Technologies

Uptake Technologies Inc.Founded in 2014, Uptake Technologies Inc. is based in Chicago, US, specializing in predictive maintenance software. The firm's current valuation stands at USD 2,300 mn.Uptake Technologies specializes in predictive maintenance software that leverages artificial intelligence to provide actionable insights for fleet management. Their core offerings include Uptake Fleet, a maintenance analytics platform that integrates work orders and sensor intelligence to enhance real-time visibility into vehicle health, thus minimizing maintenance costs and maximizing uptime. The platform is designed for various industries, including heavy-haul transportation, trucking, buses, concrete, and construction. Clients include United Road, a leader in North America's heavy-haul transportation.Uptake Technologies generates revenue primarily through subscription-based models for its predictive maintenance software solutions. Clients engage in partnerships to subscribe to the Uptake Fleet platform, granting them access to ongoing analytics and support services. These transactions enable fleet operators to streamline their maintenance processes while ensuring safety and compliance. The company aims to introduce new features and enhancements to its Uptake Fleet platform, focusing on improving user experience and efficiency. Additionally, Uptake is targeting expansion into new markets across North America, with plans for increased accessibility by 2023.

Who invested in Uptake Technologies

5 investors across 4 rounds

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Funding rounds

  1. Series E

    Dec 28, 2021

    Amount

    $30M

    Investors

    Locked

  2. Series D

    Nov 20, 2017

    Amount

    $110M

    Investors

    Locked

  3. Series C

    Jan 27, 2017

    Amount

    $70M

    Investors

    Locked

  4. Series B

    Oct 13, 2015

    Amount

    $45M

    Investors

    Locked

Questions about Uptake Technologies

Who invested in Uptake Technologies?

Uptake Technologies has 5 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Uptake Technologies raised?

Uptake Technologies has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Uptake Technologies last raise money?

Uptake Technologies's most recent round on record is a Series E, in Dec 2021.

What does Uptake Technologies do?

Uptake Technologies is a software company.

Where is Uptake Technologies headquartered?

Uptake Technologies is headquartered in Chicago, US.

Which VCs invest in companies like Uptake Technologies?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Uptake Technologies's stage. Their profiles are linked below.

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