About UpsideDAO
UpsideDAO is a company based in Lehi (United States) founded in 2021 by Jordan Volz.. UpsideDAO has raised $5 million across 1 funding round from investors including prePO, Reservoir Tools and Mirror Planet. UpsideDAO operates in a competitive market with competitors including OrangeDAO, BlackPool, Duckdao, Mantle Network and The LAO, among others.
- Headquarter Lehi, United States
- Founders Jordan Volz
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Series A
Oct 24, 2022
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Investors
prePO
& 3 more
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Employee Count
Employee Count
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Funding Insights of UpsideDAO
UpsideDAO has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in October 2022. 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 1
- Last Round Series A — $5.0M
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First Round
First Round
(24 Oct 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Series A - UpsideDAO | Valuation |
investors |
| 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 UpsideDAO
UpsideDAO has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include prePO, Reservoir Tools and Mirror Planet. 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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An NFT marketplace engine is provided for next-generation products.
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Founded Year | Domain | Location | |
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Online platform for cryptocurrency trading and pre-IPO speculation is offered.
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Founded Year | Domain | Location | |
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Blockchain-based NFT marketplace for in-game asset trading is operated.
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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 UpsideDAO
| 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 |
Financial Statements - UpsideDAO
| 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 |
Upsidedao Comparisons
Competitors of UpsideDAO
UpsideDAO 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 OrangeDAO, BlackPool, Duckdao, Mantle Network and The LAO, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Crypto's future is advanced by OrangeDAO's DAO protocol.
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| domain | founded_year | HQ Location |
Online platform for investment management protocol for digital assets and eSports
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| domain | founded_year | HQ Location |
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| domain | founded_year | HQ Location |
Decentralized platform offering blockchain infrastructure solutions
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| domain | founded_year | HQ Location |
Blockchain investments and DeFi infrastructure are provided by the firm.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about UpsideDAO
When was UpsideDAO founded?
UpsideDAO was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is UpsideDAO located?
UpsideDAO is headquartered in Lehi, United States. It is registered at Lehi, Utah, United States.
Is UpsideDAO a funded company?
UpsideDAO is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Oct 24, 2022.
What does UpsideDAO do?
UpsideDAO was established in 2021 in Lehi, United States, as an on-chain platform focused on the cryptocurrency and NFT sectors. Investments in related projects are managed via automated and decentralized decision-making. Private companies are enabled to convert their communities into DAOs, with tokenized ownership provided as rewards to individuals. Operations emphasize blockchain-based governance and community participation.
Who are the top competitors of UpsideDAO?
UpsideDAO's top competitors include OrangeDAO, Duckdao and Mantle Network.
Who are UpsideDAO's investors?
UpsideDAO has 4 investors. Key investors include prePO, Reservoir Tools, Mirror Planet, and ASTRO Lab.