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Uptake - About the company

Uptake is a series D company based in Chicago (United States), founded in 2014 by Eric Lefkofsky and Bradley Keywell. It operates as a Cloud-based platform for predictive analytics and asset performance management. Uptake has raised $282M in funding from investors like Groupon, Plug and Play Tech Center and Revolution, with a current valuation of $2.3B. The company has 462 active competitors, including 89 funded and 53 that have exited. Its top competitors include companies like Augury, I-Care and Uptime AI.

Company Details

Cloud-based platform for predictive analytics and asset performance management. The company offerings include Asset Performance Management software and Uptake Fusion for OT data management on Microsoft Azure. These solutions predict failures, support ESG compliance, and reduce maintenance costs.
Website
uptake.com
Social
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Email ID
*****@uptake.com
Phone Number
+1 **********
Key Metrics
Founded Year
2014
Location
Chicago, United States
Stage
Series D
Total Funding
$282M in 6 rounds
Latest Funding Round
Post Money Valuation
$2.3B as on Nov 30, 2017
Investors
Ranked
Employee Count
117 as on Mar 31, 2026
Investment & Acquisitions
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Uptake's funding and investors

Uptake has raised a total funding of $282M over 6 rounds. Its first funding round was on Mar 05, 2015. Its latest funding round was a Series D round on 2018 for an undisclosed amount. 1 investor participated in its latest round. Uptake has 15 institutional investors.

Here is the list of recent funding rounds of Uptake:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
2018
Undisclosed
Series D
-
-
-
Nov 30, 2017
$117M
Series D
$2.3B
-
Apr 06, 2017
$50M
Series C
-
-
-
-
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Uptake's founders and board of directors

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The founders of Uptake are Eric Lefkofsky and Bradley Keywell.
Here are the details of Uptake's key team members:

Uptake's employee count trend

Uptake has 117 employees as of Mar 26. Here is Uptake's employee count trend over the years:
Employee count trend for Uptake
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Uptake's Competitors and alternates

Top competitors of Uptake include Augury, I-Care and Uptime AI. Here is the list of Top 10 competitors of Uptake, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Augury
Augury
2012, New York City (United States), Series F
Provider of IoT and cloud-based machine analytics and predictive maintenance solutions
$369M
66/100
2nd
Logo for I-Care
I-Care
2004, Mons (Belgium), Series C
Provider of predictive maintenance solutions
$72.6M
67/100
3rd
Logo for Uptime AI
Uptime AI
2019, San Francisco (United States), Series A
Provider of AI reasoning agents for industrial operational excellence solutions
$19M
65/100
4th
Logo for Fleetio
Fleetio
2011, Birmingham (United States), Series D
Provider of cloud-based fleet management solutions
$624M
65/100
5th
Logo for Infinite Uptime
Infinite Uptime
2015, Alpharetta (United States), Series C
Provider of AI-powered predictive maintenance solutions for industrial equipment reliability
$68.7M
64/100
6th
Logo for TRACTIAN
TRACTIAN
2019, Sao Paulo (Brazil), Series C
AI company specializing in predictive maintenance and asset monitoring for manufacturing
$196M
61/100
7th
Logo for Solace
Solace
2001, Ottawa (Canada), Acquired
Provider of event-driven integration platform for real-time data streaming and management
-
60/100
8th
Logo for Uptake
Uptake
2014, Chicago (United States), Series D
Cloud-based platform for predictive analytics and asset performance management
$282M
60/100
9th
Logo for Algo8
Algo8
2016, Noida (India), Seed
Provider of industrial artificial intelligence platform for energy and manufacturing sectors
-
59/100
10th
Logo for Nanoprecise
Nanoprecise
2015, Edmonton (Canada), Series C
Provider of AI-based predictive maintenance solutions for industrial equipment
$48M
58/100
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Uptake's Investments and acquisitions

Uptake has acquired 3 companies including ShookIOT, Asset Performance Technologies and Real Travel. Uptake has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Feb 08, 2021
Acquisition
2017
Edmonton (Canada)
Apr 16, 2018
Acquisition
1996
Albuquerque (United States)
Nov 04, 2010
Acquisition
2005
Los Altos (United States)
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Reports related to Uptake

Here is the latest report on Uptake's sector:

News related to Uptake

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