About Upway
Upway is a company based in Gennevilliers (France) founded in 2021 by Toussaint Wattinne and Stephane Ficaja. Upway has raised $120.94 million across 5 funding rounds from investors including Exor, Europeanclimate and Korelya Capital.
- Annual Revenue$26.49 M (USD)273as on Dec 31, 2023
- Net Profit-$11.1 M (USD)-94as on Dec 31, 2023
- EBITDA-$11.18 M (USD)-94as on Dec 31, 2023
- Total Equity Funding$120.94M (USD)
in 5 rounds
- Latest Funding Round$60M (USD), Series C
Sep 2025
- InvestorsExor
& 9 more
Funding Insights of Upway
Upway has successfully raised a total of $120.94M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $60 million completed in September 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 $120.94M
- Total Rounds 5
- Last Round Series C — $60M
- First Round $5.64M
(Nov 2021)
- Investors Count 10
All 5 funding rounds of Upway with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2025 | $60M | Series C | – | – | – |
| Jan 2024 | – | Series B | – | – | |
| Nov 2023 | $30M | Series B | – | Korelya Capital | |
| Apr 2022 | $25.3M | Series A | – | Sequoia Capital, Exor | |
| Nov 2021 | $5.64M | Series A | – | Sequoia Capital, Global Founders Capital | – |
10 investors in total: 9 institutional and 1 angel.
Investors in Upway
Upway has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Exor, Europeanclimate and Korelya Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on investing in tech startups | – | korelyacapital.com | Paris, France | |
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | - | |
Investments are directed toward climate tech startups by this fund. | – | transition.vc | London, United Kingdom | |
Consumer tech startups are funded by Origins venture capital. | – | origins.fund | New York, United States | |
Venture capital firm focused on early-stage startups | – | globalfounderscapital.com | Berlin, Germany | |
Venture capital fund investing in multiple sectors | – | karman.vc | Santa Monica, United States | |
- | – | cathayinnovation.com | - | |
Venture capital firm focused on health insurance companies and operates multiple industries | 1927 | exor.com | Amsterdam, Netherlands | |
Climate action projects are funded via philanthropic grants and partnerships. | 2008 | europeanclimate.org | Belgium | |
HM Henri Moissinac | Co-founder of Dott, ex-CEO of Uber France, active angel investor | – | unknown_01a59aa15e8b481aa | - |
Investor details for Upway
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of Upway
2 people are tracked at Upway (2 in leadership).
| Name | Role | Group |
|---|---|---|
Toussaint Wattinne | Co-Founder & CEO | Leadership |
Stephane Ficaja | Co-Founder & COO | Leadership |
Complete people profiles for Upway
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
- Board tenure
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Timeline of Upway
3 dated milestones of Upway across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Upway is founded.
- Funding First funding round of $5.6M.
- Funding Latest funding round, Series C, of $60.0M.
Web traffic of Upway
The website of Upway (upway.fr) receives about 314.9K visits a month and ranks #170,128 among all websites worldwide, #5,556 in Sports.
- Monthly visits314.9K
▲ 3.7% vs previous month
- Unique visitors94.1K
per month
- Global rank#170,128
among all websites
- Category rank#5,556
Sports · Sports
- Bounce rate60%
- Pages per visit2.4
- Average visit1 min 53 sec
- DevicesDesktop 21% · Mobile 79%
Websites whose visitors overlap most with Upway. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| loewi.fr | 100% | 31.2K | #842,678 | View details | |
| cyclable.com | 81% | 156K | #227,010 | View details | |
alltricks.fr | alltricks.fr | 81% | – | #22,753 | – |
velobrival.com | velobrival.com | 77% | – | #505,883 | – |
cyrusher.fr | cyrusher.fr | 72% | – | #882,239 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Upway
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Upway
Complete news archive for Upway
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Upway
10 companies that operate in the same segment as Upway (Automotive Retail & Aftersales), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Pre-owned vehicles are sold online with financing and valuation services. | 2012 | Phoenix, Arizona, United States | USD 460 M | USD 20.32 B | 17,400 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 655.23 M | USD 216.04 M | 461 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 716.48 M | USD 446.48 M | 3,992 | |
Pre-owned cars are certified, inspected, and traded online via Kavak. | 2016 | Lerma De Villada, Estado De Mexico, Mexico | USD 1.98 B | – | 2,500 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 206.3 M | – | – | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Second-hand cars are listed online to connect buyers and sellers. | 2003 | Mumbai, Maharashtra, India | USD 5.89 M | USD 5.28 M | 451 | |
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Full-stack marketplace services for car ownership are provided. | 2015 | Singapore, Singapore | USD 685.9 M | USD 806.83 M | 1,000 | |
Retailer of new automobiles, used vehicles, and related automotive news | 2008 | Jaipur, Rajasthan, India | USD 60 M | USD 289.58 M | 721 |
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Frequently Asked Questions about Upway
Upway was founded in 2021.
Upway is headquartered in Gennevilliers, France. It is registered at Gennevilliers, Ile-de-france, France.
Toussaint Wattinne is the current CEO of Upway. They have also founded this company.
Upway is a funded company, having raised a total of $120.94M across 5 funding rounds to date. The company's 1st funding round was a Series A of $5.64M, raised on Nov 2021.
Annual revenue of Upway is $26.49M as on Dec 31, 2023.
Upway was founded in 2021 and is based in Gennevilliers, France. Operations focus on the electric bike sector, where used bikes from top brands are inspected and reconditioned to ensure quality. A wide selection of models is offered through the companys platform, with accessibility emphasized and a one-year guarantee provided on all sales.
Upway has 10 investors. Key investors include Exor, Europeanclimate, Korelya Capital, Sequoia Capital, and Transition.
The website of Upway receives about 315 thousand visits a month and ranks #170,128 among all websites worldwide.