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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 640 active competitors, including 92 funded and 60 that have exited. Its top competitors include companies like Augury, TRACTIAN and Infinite Uptime.

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 Dec 31, 2025
Investors
Ranked
Employee Count
110 as on Sep 30, 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

Founder? Claim Profile
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 110 employees as of Sep 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, TRACTIAN and Infinite Uptime. 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
2011, New York City (United States), Series F
Provider of IoT and cloud-based machine analytics and predictive maintenance solutions
$369M
71/100
2nd
Logo for Uptake
Uptake
2014, Chicago (United States), Series D
Cloud-based platform for predictive analytics and asset performance management
$282M
71/100
3rd
Logo for TRACTIAN
TRACTIAN
2019, Sao Paulo (Brazil), Series C
AI company specializing in predictive maintenance and asset monitoring for manufacturing
$196M
69/100
4th
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
67/100
5th
Logo for Algo8
Algo8
2016, Houston (United States), Seed
Provider of industrial artificial intelligence platform for energy and manufacturing sectors
$2.59M
65/100
6th
Logo for Fleetio
Fleetio
2011, Birmingham (United States), Series D
Provider of cloud-based fleet management solutions
$624M
65/100
7th
Logo for AVEVA
AVEVA
1967, Cambridge (United Kingdom), Acquired
Developer of industrial software for engineering operations and data management
-
63/100
8th
Logo for Whip Around
Whip Around
2016, Charlotte (United States), Acquired
Provider of web-based fleet inspection and maintenance software
$14M
60/100
9th
Logo for Solace
Solace
2001, Ottawa (Canada), Acquired
Provider of event-driven integration platform for real-time data streaming and management
-
60/100
10th
Logo for I-Care
I-Care
2004, Mons (Belgium), Series C
Provider of predictive maintenance solutions
$72.6M
60/100
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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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Media has covered Uptake for 1 event in last 1 year.
•
Uptake Names Data Science Expert as New CEOWork Trucks•Apr 04, 2024•Uptake, Paylocity
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