# Uptool

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

- Industry: Software
- Headquarters: San Mateo, US
- Website: www.uptool.com
- Total disclosed funding: $6M
- Latest round: Seed (Feb 4, 2026)
- Investors on record: 4

## About

Uptool, Inc. is a US-based software company specializing in an AI-powered quoting platform designed for machine and fabrication shops, significantly enhancing the speed and accuracy of the quoting process.Founded in 2024 and headquartered in San Mateo, US, Uptool, Inc. offers an innovative solution for the manufacturing industry. The company raised USD 6.00 mn in Seed funding on February 4, 2026, with participation from investors including Bessemer Venture Partners, Eclipse Ventures, Khosla Ventures, and Kleiner Perkins. The CEO of Uptool is Lee Sj, who has a background in technology and entrepreneurship.Uptool specializes in an AI-powered quoting platform designed primarily for machine and fabrication shops. The core product streamlines the quoting process, reducing the time required to generate quotes from 20 minutes to just 2 minutes per part. This allows businesses to respond faster and increase their job win rates, as the platform automates approximately 90% of the request-for-quote (RFQ) to quote workflow. Uptool's solutions cater to a diverse range of manufacturing customers, focusing on enhancing responsiveness and accuracy in quoting, primarily marketed in North America and Europe.Uptool generates revenue through a subscription-based model that provides its AI quoting platform to clients in the manufacturing industry. Clients such as machine and fabrication shops pay for access to the platform, which automates quoting processes and aggregates data for increased efficiency. The service is structured to provide substantial value by improving quoting speed and accuracy, thereby maximizing clients' chances of winning contracts.In February 2026, Uptool, Inc. raised USD 6.00 mn in Seed funding to enhance its product offerings and expand its presence in key markets. The company is focused on launching new features for its AI quoting platform and plans to target further expansion into additional European and North American markets over the next few years.

## Funding rounds

- Seed, Feb 4, 2026, $6M — Kleiner Perkins, Khosla Ventures, Bessemer Venture Partners, Eclipse Ventures

## Investors

- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Seed
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Seed
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Seed
- Eclipse Ventures (https://capitalatlas.ai/funds/eclipse-ventures) — Seed