About Zup
Zup is a company based in Uberlandia (Brazil) founded in 2011 was acquired by Itau BBA in June 2020.. Zup has raised $2.57 million across 1 funding round from investors including Itaú. Zup operates in a competitive market with competitors including Yurts, Predibase, Algorithmia, Relevance AI and VectorShift, among others.
- Headquarter Uberlandia, Brazil
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Sectors
Technology
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Phone
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Website
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Social
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Funding Insights of Zup
Zup has successfully raised a total of $2.57M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.57 million completed in May 2016. 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 1
- Last Round Series A — $2.6M
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First Round
First Round
(26 May 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2016 | Amount | Series A - Zup | 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 Zup
Zup has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Itaú. 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 leading Brazilian bank, Itaú is focused on providing comprehensive financial solutions.
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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 Zup
| 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 - Zup
| 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 |
Zup Comparisons
Competitors of Zup
Zup 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 Yurts, Predibase, Algorithmia, Relevance AI and VectorShift, 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 |
Developer of AI-based multiple task management platforms
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| domain | founded_year | HQ Location |
Provider of a low-code and cloud-based AI application development platform
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| domain | founded_year | HQ Location |
A marketplace for machine learning algorithms is operated by Algorithmia.
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| domain | founded_year | HQ Location |
AI-powered image data analytics platform
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| domain | founded_year | HQ Location |
No-code platform for building and deploying custom generative AI workflows
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Zup
When was Zup founded?
Zup was founded in 2011 and raised its 1st funding round 5 years after it was founded.
Where is Zup located?
Zup is headquartered in Uberlandia, Brazil. It is registered at Uberlandia, Minas Gerais, Brazil.
Is Zup a funded company?
Zup is a funded company, having raised a total of $2.57M across 1 funding round to date. The company's 1st funding round was a Series A of $2.57M, raised on May 26, 2016.
What does Zup do?
Zup innovation provides solutions to digitize companys operations and connect with customers in real time. Its platform can integrate legacy systems and web service bus, databases, mainframes to the cloud and internet. Also launched a new product namednbsp;Real Wavenbsp;helps businesses to create tailor made live offers to any individual or group of customers which can immediately benbsp;activated by the end user,nbsp;according to their preferences.nbsp;.
Who are the top competitors of Zup?
Zup's top competitors include Predibase, Yurts and Relevance AI.
Who are Zup's investors?
Zup has 1 investor. Key investors include Itaú.
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