About Upverter
Upverter is a company based in Toronto (Canada) founded in 2010 was acquired by Altium in August 2017. It operates as a SaaS (Software-as-a-Service). Upverter has raised $3.07 million across 3 funding rounds from investors including Altium, Version One Ventures and Thomas McInerney. Upverter offers products and services including Upverter Modular Design Tool. Upverter operates in a competitive market with competitors including Synopsys, Cadence, Mentor Graphics, National Instruments Corporation and proteanTecs, among others.
- Headquarter Toronto, Canada
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Sectors
Industrial Goods & ManufacturingTechnology
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Phone
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Website
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Social
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- Legal Name Upverter, A Division Of Altium
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Products & Services of Upverter
Upverter offers a comprehensive portfolio of products and services, including Upverter Modular Design Tool. 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.
A web-based tool for PCB and schematic design.
Funding Insights of Upverter
Upverter has successfully raised a total of $3.07M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.3 million completed in March 2014. 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 Seed — $2.3M
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First Round
First Round
(01 Jun 2011)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2014 | Amount | Seed - Upverter | Valuation | Version One Ventures | |
| Feb, 2013 | Amount | Angel Round - Upverter | Valuation |
investors |
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| Jun, 2011 | Amount | Seed - Upverter | Valuation |
investors |
| 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 |
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Investors in Upverter
Upverter has secured backing from 9 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Altium, Version One Ventures and Thomas McInerney. 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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Early-stage investments are provided to mission-driven technology founders.
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Seed-stage investments are directed toward North American startups.
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Early-stage startups are accelerated via funding and educational programs.
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| 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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Upverter
| 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 - Upverter
| 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 |
Upverter Comparisons
Competitors of Upverter
Upverter 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 Synopsys, Cadence, Mentor Graphics, National Instruments Corporation and proteanTecs, 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 |
Electronic design automation solutions are provided for semiconductor systems.
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| domain | founded_year | HQ Location |
Cloud and AI-powered tools for integrated circuit design are provided.
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| domain | founded_year | HQ Location |
Developer of software tools for electronic design automation
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| domain | founded_year | HQ Location |
Provider of a suite of cloud-based electronic design automation tools for integrated circuits
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| domain | founded_year | HQ Location |
Cloud-based analytics software for chip health monitoring is provided.
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| domain | founded_year | HQ Location |
Provides comprehensive yield management software solutions for businesses.
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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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Frequently Asked Questions about Upverter
When was Upverter founded?
Upverter was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Upverter located?
Upverter is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Upverter a funded company?
Upverter is a funded company, having raised a total of $3.07M across 3 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Jun 01, 2011.
What does Upverter do?
Upverter is utilized as a modular, web-based platform for electronics design, focusing on PCB design, schematics, automated routing, and 3D previews. It is adopted by hardware engineers, software designers, and educators across various sectors, including IoT and advanced technology projects. Solutions are provided to streamline design workflows with drag-and-drop interfaces and template libraries.
Who are the top competitors of Upverter?
Upverter's top competitors include Synopsys, National Instruments Corporation and Cadence.
What products or services does Upverter offer?
Upverter offers Upverter Modular Design Tool.
Who are Upverter's investors?
Upverter has 9 investors. Key investors include Altium, Version One Ventures, Thomas McInerney, Amol Sarva, and Golden Ventures.