About Upflex
Upflex is a company based in New York (United States) founded in 2018 by Christophe Garnier.. Upflex has raised $41.07 million across 4 funding rounds from investors including WeWork, SVB and NMRK. Upflex has completed 1 acquisition, including WorkClub. Upflex offers products and services including Upflex Platform, Unify AI, and On-Demand Network. Upflex operates in a competitive market with competitors including OfficeRnD, Singularity Automation, Skedda, Gable and Optixapp, among others.
- Headquarter New York, United States
- Founders Christophe Garnier
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Sectors
Business Services
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Email
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Phone
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Website
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Social
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- Legal Name Upflex Inc
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Products & Services of Upflex
Upflex offers a comprehensive portfolio of products and services, including Upflex Platform, Unify AI, and On-Demand Network. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for booking and managing global workspaces efficiently
Automates workspace bookings based on user patterns
Provides access to over 11,000 global workspaces
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Funding Insights of Upflex
Upflex has successfully raised a total of $41.07M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $6.41 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $6.4M
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First Round
First Round
(21 Feb 2018)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2024 | Amount | Series A - Upflex | Valuation |
investors |
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| May, 2022 | Amount | Series A - Upflex | Valuation | WeWork | |
| Jan, 2020 | Amount | Seed - Upflex | Valuation | Ecosystem Integrity Fund |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Upflex
Upflex has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include WeWork, SVB and NMRK. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital is provided to early-stage startups by this fund.
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Founded Year | Domain | Location | |
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Private equity investments are directed toward acquisitions by the firm.
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Founded Year | Domain | Location | |
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Micro-venture capital fund investing in tech startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Upflex
Upflex has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include WorkClub. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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App-based marketplace to book co-working spaces and meeting rooms
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Upflex
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Upflex Comparisons
Competitors of Upflex
Upflex operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as OfficeRnD, Singularity Automation, Skedda, Gable and Optixapp, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
SaaS software is utilized for co-working space planning and management.
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| domain | founded_year | HQ Location |
Cloud-based IoT enables management software for co-working and co-living spaces
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| domain | founded_year | HQ Location |
Bookings for events, rooms, and venues are managed online.
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| domain | founded_year | HQ Location |
Flexible co-working subscriptions and connections are managed via an app.
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| domain | founded_year | HQ Location |
IWMS software is provided by Optixapp for co-working space management.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Upflex
Frequently Asked Questions about Upflex
When was Upflex founded?
Upflex was founded in 2018.
Where is Upflex located?
Upflex is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Upflex?
Christophe Garnier is the current CEO of Upflex. They have also founded this company.
Is Upflex a funded company?
Upflex is a funded company, having raised a total of $41.07M across 4 funding rounds to date. The company's 1st funding round was a Seed of $4.1M, raised on Feb 21, 2018.
What does Upflex do?
Upflex was founded in 2018 in New York, United States, as a provider in the hybrid work sector. A platform is operated to facilitate booking and management of workspaces worldwide, encompassing coworking spaces, meeting rooms, and private offices. Consolidated billing, team collaboration features, and analytics for usage tracking are included. Integration with HR and collaboration tools is supported to enable workflow efficiency across operations.
What products or services does Upflex offer?
Upflex offers Upflex Platform, Unify AI, and On-Demand Network.
How many acquisitions has Upflex made?
Upflex has made 1 acquisition, including WorkClub.
Who are Upflex's investors?
Upflex has 9 investors. Key investors include WeWork, SVB, NMRK, Cushman & Wakefield, and Perennial Partners.