Upwell
Latest round
- Seed
Last raised
- Feb 2025
Total raised
- $6.5M
Investors
- 10
About Upwell
Based in Nebraska, US, Upwell LLC specializes in accounts receivable automation software aimed at improving invoicing and collections in logistics and trucking. Upwell specializes in accounts receivable automation software designed to enhance the efficiency of the invoicing and collections process within the logistics and trucking sectors. Their core offering leverages artificial intelligence to streamline workflows, enabling quicker resolution of invoice exceptions, automated sending of invoices and reminders, and seamless integration with existing TMS, ERP, and accounting platforms. The software allows for real-time document matching, email processing, and exception identification, significantly reducing manual data entry errors and improving cash flow management. Upwell's client base primarily consists of logistics companies, trucking firms, and other businesses requiring efficient accounts receivable processes, with their products being utilized in various geographical markets including North America and Europe. Upwell generates revenue through a subscription-based model for its accounts receivable automation services, specifically targeting logistics and trucking companies.
Who invested in Upwell
10 investors across 1 round
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Funding rounds
Seed
Feb 10, 2025
Amount
$6.5M
Investors
Questions about Upwell
Who invested in Upwell?
Upwell has 10 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Upwell raised?
Upwell has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Upwell last raise money?
Upwell's most recent round on record is a Seed, in Feb 2025.
What does Upwell do?
Based in Nebraska, US, Upwell LLC specializes in accounts receivable automation software aimed at improving invoicing and collections in logistics and trucking.
Where is Upwell headquartered?
Upwell is headquartered in Omaha, US.
Which VCs invest in companies like Upwell?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Upwell's stage. Their profiles are linked below.
VCs backing software startups at Seed
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