Uptake

Chicago, United States Founded: 2014 • Age: 12 yrs
Cloud-based predictive analytics platform is utilized for asset maintenance insights.
Annual revenue - Latest available
Total funding $327.3M 7 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Technology
    Transportation, Automotive & Logistics Industrial Goods & Manufacturing
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Uptake Technologies, Inc.
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $327.26 M (USD)

    in 7 rounds

  • Latest Funding Round
    Not available
  • Investors
    Caterpillar

    & 7 more

  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of Uptake

Uptake offers a comprehensive portfolio of products and services, including Uptake Fleet, Federal, and Tires.

Product name locked
Category locked
Primary

AI tool for predictive maintenance and uptime optimization of fleets

Product name locked
Category locked
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Platform for military asset maintenance and analytics

Product name locked
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AI system for tire health and performance tracking

People of Uptake

Headcount 200-500
Employee Profiles 19
Board Members and Advisors 4
Employee Profiles
People
Isaac Vanderpuye
Engineering Manager
People
Jeff Maxwell
Principal Engineer
People
Adam McElhinney
CEO
People
Erik Peterson
Director Of IT Operations & Analytics

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Board Members and Advisors
people
Brad Keywell
Founder & Executive Chairman

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Startups are accelerated and invested in across multiple tech sectors.
Locked Locked Locked
Venture capital firm focused on early-stage big data, health tech, AI, food tech, and multiple sectors
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Revolution is recognized as a D.C.-based investment firm.
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Investor details for Uptake

Investor domains, locations, round participation, and complete history require an active premium plan.

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  • Investor locations
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  • Participation history

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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.

Investments
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Investment portfolio details for Uptake

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Acquisitions
Company Name Description Domain Location Founded Year Amount
IoT and AI development services are provided globally.
Locked Locked 2017 Locked
Travel advice and experiences are shared via user-generated social network.
Locked Locked 2005 Locked
Cloud-based preventive maintenance software is delivered for industrial asset optimization.
Locked Locked 1996 Locked
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Complete acquisition details for Uptake

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  • Acquired stakes
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Financial Statements - Uptake

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Detailed financials for Uptake

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Uptake Comparisons

Uptake Primary company
Description
Cloud-based predictive analytics platform is utilized for as...
Location
Chicago, United States
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Uptake

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud-based fleet management solutions are offered for maintenance and tracking.
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Provider of cloud based management solutions
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Provider of IoT and cloud-based machine analytics and predictive maintenance solutions
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AI-powered predictive maintenance solutions are provided for industrial equipment reliability.
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Platform to build and run applications for connected devices
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Detailed competitors of Uptake

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Latest news on Uptake

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Complete news archive for Uptake

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Frequently Asked Questions about Uptake

Uptake was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Uptake is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Adam M is the current CEO of Uptake.

Uptake is a funded company, having raised a total of $327.26M across 7 funding rounds to date.

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.

Uptake's top competitors include Fleetio, Uptime AI and Infinite Uptime.

Uptake offers Uptake Fleet, Federal, and Tires.

Uptake has made 3 acquisitions, including Asset Performance Technologies, Real Travel, and ShookIOT.

Uptake has 8 investors. Key investors include Caterpillar, Groupon, Plug and Play Tech Center, Baillie Gifford, and GreatPoint Ventures.

The valuation of Uptake is $2.3B as of Nov 2017.

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