About Upward Health
Upward Health is a company based in Hauppauge (United States) founded in 2010 by Bradley Bennett and Tom Hawes.. Upward Health has raised $24.28 million across 7 funding rounds from investors including Acumen, Trinity Capital and The Heritage Group. Upward Health has completed 1 acquisition, including Nalari Health. Upward Health offers products and services including In-Home Medical Care. Upward Health operates in a competitive market with competitors including Maxim Healthcare, BrightSpring Health Services, Addus HomeCare, Compassus and Envision Healthcare, among others.
- Headquarter Hauppauge, United States
- Founders Bradley Bennett, Tom Hawes
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Sectors
Healthcare
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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
$24.28 M (USD)
in 7 rounds
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Latest Funding Round
$12.5 M (USD), Debt – Conventional
Jan 16, 2025
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Investors
Acumen
& 5 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Upward Health
Upward Health offers a comprehensive portfolio of products and services, including In-Home Medical Care. 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.
Provides 24/7 care for physical, behavioral, and social health at home.
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Funding Insights of Upward Health
Upward Health has successfully raised a total of $24.28M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $12.5 million completed in January 2025. 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 Debt – Conventional — $12.5M
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First Round
First Round
(05 Apr 2017)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Debt – Conventional - Upward Health | Valuation |
investors |
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| Sep, 2022 | Amount | Series B - Upward Health | Valuation | The Heritage Group | |
| Nov, 2020 | Amount | Series A - Upward Health | 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 Upward Health
Upward Health has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Acumen, Trinity Capital and The Heritage Group. 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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A family-owned business managing diverse industrial and environmental companies.
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Founded Year | Domain | Location | |
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Funding is provided to healthcare startups by corporate-backed BVF.
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Founded Year | Domain | Location | |
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Tech and Life Sciences focused VC firm investing in the US
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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 Upward Health
Upward Health has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Nalari Health. 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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Remote patient monitoring and online clinical encounters are facilitated.
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2010 |
| 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 - Upward Health
| 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 |
Upward Health Comparisons
Competitors of Upward Health
Upward Health 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 Maxim Healthcare, BrightSpring Health Services, Addus HomeCare, Compassus and Envision Healthcare, 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 |
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| domain | founded_year | HQ Location |
Home healthcare staffing and medical recruiting services are provided.
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| domain | founded_year | HQ Location |
Rehabilitation, home health, and hospice services are provided nationwide.
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| domain | founded_year | HQ Location |
Hospice services are delivered at home by Addus HomeCare.
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| domain | founded_year | HQ Location |
Nationwide community-based post-acute care services are provided.
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| domain | founded_year | HQ Location |
Cloud-based healthcare analytics solutions are provided by EnvisionHealth.
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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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Latest news on Upward Health
Frequently Asked Questions about Upward Health
When was Upward Health founded?
Upward Health was founded in 2010 and raised its 1st funding round 7 years after it was founded.
Where is Upward Health located?
Upward Health is headquartered in Hauppauge, United States. It is registered at Hauppauge, New York, United States.
Who is the current CEO of Upward Health?
Glen Moller is the current CEO of Upward Health.
Is Upward Health a funded company?
Upward Health is a funded company, having raised a total of $24.28M across 7 funding rounds to date. The company's 1st funding round was a Series A of $7.64M, raised on Apr 05, 2017.
What does Upward Health do?
Upward Health was founded in 2010 and is headquartered in Hauppauge, United States. An online platform is operated to deliver on-site care to members, particularly those with complex needs. Tools are provided for locating, contacting, and connecting with patients, alongside comprehensive assessments of patient conditions and environments. Services focus on healthcare delivery in the United States.
Who are the top competitors of Upward Health?
Upward Health's top competitors include Envision Healthcare, Nest Health and Addus HomeCare.
What products or services does Upward Health offer?
Upward Health offers In-Home Medical Care.
How many acquisitions has Upward Health made?
Upward Health has made 1 acquisition, including Nalari Health.
Who are Upward Health's investors?
Upward Health has 6 investors. Key investors include Acumen, Trinity Capital, The Heritage Group, BVF, and Noro-Moseley Partners.