About Uptake
Uptake is a company based in Chicago (United States) founded in 2014 by Bradley Keywell.. Uptake has raised $327.26 million across 7 funding rounds from investors including Caterpillar, Groupon and Plug and Play Tech Center. Uptake has completed 3 acquisitions, including Asset Performance Technologies, Real Travel and ShookIOT. Uptake offers products and services including Uptake Fleet, Federal, and Tires. Uptake operates in a competitive market with competitors including Fleetio, Uptime AI, Augury, Infinite Uptime and ThingWorx, among others.
- Headquarter Chicago, United States
- Founders Bradley Keywell
- Stage Unicorn
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Sectors
TechnologyTransportation, Automotive & Logistics Industrial Goods & Manufacturing
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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 Uptake Technologies, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$327.26 M (USD)
in 7 rounds
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Latest Funding Round
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Investors
Caterpillar
& 7 more
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Employee Count
Employee Count
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Investments & Acquisitions
Asset Performance Technologies
& 2 more
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Products & Services of Uptake
Uptake offers a comprehensive portfolio of products and services, including Uptake Fleet, Federal, and Tires. 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.
AI tool for predictive maintenance and uptime optimization of fleets
Platform for military asset maintenance and analytics
AI system for tire health and performance tracking
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Funding Insights of Uptake
Uptake has successfully raised a total of $327.26M across 7 strategic funding rounds. 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 7
- Last Round Last Round
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Series D - Uptake | Valuation | Plug and Play Tech Center |
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| Nov, 2017 | Amount | Series D - Uptake | Valuation | Baillie Gifford | |
| Apr, 2017 | Amount | Series C - Uptake | Valuation |
investors |
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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 Uptake
Uptake has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Caterpillar, Groupon and Plug and Play Tech Center. 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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Startups are accelerated and invested in across multiple tech sectors.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage big data, health tech, AI, food tech, and multiple sectors
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Founded Year | Domain | Location | |
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Revolution is recognized as a D.C.-based investment 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 Uptake
Uptake has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Asset Performance Technologies, Real Travel and ShookIOT. 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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IoT and AI development services are provided globally.
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2017 | ||||
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Travel advice and experiences are shared via user-generated social network.
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2005 | ||||
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Cloud-based preventive maintenance software is delivered for industrial asset optimization.
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1996 |
| 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 - Uptake
| 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 |
Uptake Comparisons
Competitors of Uptake
Uptake 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 Fleetio, Uptime AI, Augury, Infinite Uptime and ThingWorx, 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 |
Cloud-based fleet management solutions are offered for maintenance and tracking.
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| domain | founded_year | HQ Location |
Provider of cloud based management solutions
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| domain | founded_year | HQ Location |
Provider of IoT and cloud-based machine analytics and predictive maintenance solutions
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| domain | founded_year | HQ Location |
AI-powered predictive maintenance solutions are provided for industrial equipment reliability.
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| domain | founded_year | HQ Location |
Platform to build and run applications for connected devices
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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 Uptake
Frequently Asked Questions about Uptake
When was Uptake founded?
Uptake was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Uptake located?
Uptake is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of Uptake?
Adam M is the current CEO of Uptake.
Is Uptake a funded company?
Uptake is a funded company, having raised a total of $327.26M across 7 funding rounds to date. The company's 1st funding round was a Series C of $50M, raised on Mar 05, 2015.
What does Uptake do?
Uptake was founded in 2014 in Chicago, United States, where a cloud-based predictive data analytics platform is operated. Data is transformed into actionable insights via data management and science solutions, by which asset failures are predicted, risks are mitigated, and maintenance is scheduled. Sensor intelligence is incorporated to enable storage, viewing, and filtering of historical data. Sectors served encompass logistics, fleet operations, manufacturing, defense, and related fields.
Who are the top competitors of Uptake?
Uptake's top competitors include Fleetio, Uptime AI and Infinite Uptime.
What products or services does Uptake offer?
Uptake offers Uptake Fleet, Federal, and Tires.
How many acquisitions has Uptake made?
Uptake has made 3 acquisitions, including Asset Performance Technologies, Real Travel, and ShookIOT.
Who are Uptake's investors?
Uptake has 8 investors. Key investors include Caterpillar, Groupon, Plug and Play Tech Center, Baillie Gifford, and GreatPoint Ventures.
What is Uptake's valuation?
The valuation of Uptake is $2.3B as of Nov 2017.
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