Yup

New York, United States Founded: 2019 • Age: 7 yrs Acquired By Thirdweb
A decentralized social platform for multi-network connectivity is provided.
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About Yup

Yup is a company based in New York (United States) founded in 2019 by Vernon Johnson was acquired by Thirdweb in February 2025. It operates as a Two-Sided Marketplace. Yup offers products and services including Yup App. Yup operates in a competitive market with competitors including Phaver, Easy, Farcaster, FWB and Arianee, among others.

  • Headquarter New York, United States
  • Founders Vernon Johnson
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Yupio Inc
Operational Areas
Technology → Blockchain, Web3 & Digital Assets
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Thirdweb

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    Thirdweb

    (Feb 11, 2025)

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Products & Services of Yup

Yup offers a comprehensive portfolio of products and services, including Yup App. 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.

Primary

A decentralized app for cross-platform social connections.

People of Yup
Headcount 1-10
Employee Profiles 2
Employee Profiles
People
Stephon Binh
Blockchain Developer
People
Jack McDermott
Growth Lead

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Teams

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Funding Insights of Yup

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2024 Amount Seed - Yup Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Yup

Yup has secured backing from 4 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Thirdweb, IDEO CoLab Ventures and Nascent. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Sector-agnostic startups are developed by IDEO CoLab studio.
Founded Year Domain Location
Nascent is engaged in building and investing in open financial markets.
Founded Year Domain Location
Web3 application development platform with tools and SDKs is provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Yup

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Yup

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Yup Comparisons

Employees
+
Add Comparison
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Competitors of Yup

Yup 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 Phaver, Easy, Farcaster, FWB and Arianee, 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
Decentralized social networking platform
domain founded_year HQ Location
Decentralized social platform for connecting with friends
domain founded_year HQ Location
Decentralized white-label social platforms are provided for community creation.
domain founded_year HQ Location
Provider of social DAO
domain founded_year HQ Location
Provider of a decentralized platform to manage digital ownership of fashion products
domain founded_year HQ Location
Blockchain protocols for decentralized social networks are offered by Lens.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Yup

Frequently Asked Questions about Yup

When was Yup founded?

Yup was founded in 2019 and raised its 1st funding round 5 years after it was founded.

Where is Yup located?

Yup is headquartered in New York, United States. It is registered at New York, New York, United States.

What does Yup do?

A decentralized social all-in-one platform is offered by Yup, enabling users to connect across multiple networks like Twitter, Farcaster, Lens, and Bluesky within a single app. Cross-posting to various platforms is facilitated with one click, alongside features like native actions, aggregated notifications, and customizable feeds. Unique content such as articles, NFTs, and events is supported for enhanced user engagement. The platform operates in the technology sector, focusing on social media and decentralized solutions.

Who are the top competitors of Yup?

Yup's top competitors include Phaver, Farcaster and Lens.

What products or services does Yup offer?

Yup offers Yup App.

Who are Yup's investors?

Yup has 4 investors. Key investors include Thirdweb, IDEO CoLab Ventures, Nascent, and Dan Romero.

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