About UpStack
UpStack is a company based in New York (United States) founded in 2009 by Chris Trapp.. UpStack has raised $51.8 million across 3 funding rounds from investors including Morgan Stanley, MidCap Financial and Burch Creative Capital. UpStack has completed 30 acquisitions, including Availpartners, ChaseTek and CloudAdvise. UpStack offers products and services including Colocation, Network Connectivity, SD-WAN, and Security. UpStack operates in a competitive market with competitors including Vantage Data Centers, Princeton Digital Group, Digital Realty, NxtGen Datacenter and VNET Group, among others.
- Headquarter New York, United States
- Founders Chris Trapp
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Sectors
Technology
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Email
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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
$51.8 M (USD)
in 3 rounds
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Latest Funding Round
$100 M (USD), Debt – Conventional
Nov 02, 2021
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Investors
Morgan Stanley
& 4 more
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Employee Count
Employee Count
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Investments & Acquisitions
Availpartners
& 29 more
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Products & Services of UpStack
UpStack offers a comprehensive portfolio of products and services, including Colocation, Network Connectivity, SD-WAN, and Security. 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.
Deployment of critical infrastructure in secure data centers
Sourcing broadband and internet access for business needs
Solutions to enhance network performance and security
Sourcing prevention and detection tools for data protection
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Leadership Team
27 people
Advisor Team
11 people
Senior Team
11 people
Product Management Team
7 people
Software Development Team
7 people
Operations Team
6 people
Sales and Marketing
5 people
Human Resources and Administration
3 people
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Funding Insights of UpStack
UpStack has successfully raised a total of $51.8M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $100 million completed in November 2021. 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 3
- Last Round Debt – Conventional — $100.0M
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First Round
First Round
(18 Oct 2017)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Debt – Conventional - UpStack | Valuation |
investors |
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| Apr, 2021 | Amount | Series A - UpStack | Valuation |
investors |
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| Oct, 2017 | Amount | Seed - UpStack | Valuation | Burch Creative Capital , Montage Ventures |
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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 UpStack
UpStack has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Morgan Stanley, MidCap Financial and Burch Creative Capital. 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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Private debt funds are managed across multiple sectors.
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Founded Year | Domain | Location | |
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Seed to growth stage tech and energy focused VC firm funding companies in the US
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Founded Year | Domain | Location | |
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US focused growth stage VC firm
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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 UpStack
UpStack has strategically engaged in corporate development activities, having acquired 30 companies. Notable acquisitions include Availpartners, ChaseTek and CloudAdvise. 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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Provider of cloud solutions, data center, networking, and other services
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2015 | ||||
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Business phone systems and VoIP solutions are provided for enterprises.
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2014 | ||||
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Voice and data services are provided by Stellar Connect.
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2014 |
| 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 - UpStack
| 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 |
Upstack Comparisons
Competitors of UpStack
UpStack 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 Vantage Data Centers, Princeton Digital Group, Digital Realty, NxtGen Datacenter and VNET Group, 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 |
Offers scalable data centers for hyperscalers, cloud providers, and large enterprises globally.
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| domain | founded_year | HQ Location |
Data center design services are provided by Princeton Digital Group.
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| domain | founded_year | HQ Location |
Data center colocation and interconnection services are provided to enterprises.
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| domain | founded_year | HQ Location |
Data centers and cloud solutions are provided for various industries.
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| domain | founded_year | HQ Location |
Data center services are provided globally by VNET Group.
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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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Latest news on Upstack
Frequently Asked Questions about UpStack
When was UpStack founded?
UpStack was founded in 2009 and raised its 1st funding round 8 years after it was founded.
Where is UpStack located?
UpStack is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of UpStack?
Chris Trapp is the current CEO of UpStack. They have also founded this company.
Is UpStack a funded company?
UpStack is a funded company, having raised a total of $51.8M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.8M, raised on Oct 18, 2017.
What does UpStack do?
UpStack was founded in 2009 in New York, United States, by Chris Trapp as founder and CEO. Operations focus on the data centre sector, where infrastructure, colocation, and connectivity solutions are delivered to businesses. Services encompass managed hosting, network integration, and scalability options for enterprise needs. The company maintains its headquarters in New York, supporting clients primarily within the U.S. market.
Who are the top competitors of UpStack?
UpStack's top competitors include Princeton Digital Group, Nxtra and Digital Realty.
What products or services does UpStack offer?
UpStack offers Colocation, Network Connectivity, SD-WAN, and Security.
How many acquisitions has UpStack made?
UpStack has made 30 acquisitions, including Availpartners, ChaseTek, and CloudAdvise.
Who are UpStack's investors?
UpStack has 5 investors. Key investors include Morgan Stanley, MidCap Financial, Burch Creative Capital, Montage Ventures, and Berkshire Partners.
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