Uptake was founded in 2014 by Brad Keywell and Eric Lefkofsky. The company has not officially endorsed a plan to participate in an IPO.
Uptake makes software that monitors and analyses industrial equipment to improve the performance and maintenance of the machinery. The company has raised nearly $300 million in Venture Capital funding from investors including Plug and Play, Baillie Gifford, DNS Capital, Revolution, Lightbank, GreatPoint Ventures, New Enterprise Associates, and Dcode Group. Per company press releases, Uptake last raised $117 million in November 2017 at a post-money valuation of $2.3 billion.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
11/30/2017 | Series D | $117MM | $xx.xx | $221.25B | Ballie Gifford, Greatpoint Ventures, Revolution | |
Price per Share
$xx.xx
Shares Outstanding
16,019,936
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ballie Gifford, Greatpoint Ventures, Revolution
|
||||||
01/27/2017 | Series C | $90.76MM | $xx.xx | $184B | Revolution | |
Price per Share
$xx.xx
Shares Outstanding
14,718,469
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Cumulative
Participating
Participating
Participation Cap
3
Key Investors
Revolution
|
||||||
10/13/2015 | Series B | $40MM | $xx.xx | $99.5B | Greatpoint Ventures, Lightbank, New Enterprise Associates | |
Price per Share
$xx.xx
Shares Outstanding
11,378,830
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Greatpoint Ventures, Lightbank, New Enterprise Associates
|
||||||
05/25/2015 | Series A-1 | $3MM | $xx.xx | $4.25B | Caterpillar, Greatpoint Ventures, New Enterprise Associates | |
Price per Share
$xx.xx
Shares Outstanding
15,329,440
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Caterpillar, Greatpoint Ventures, New Enterprise Associates
|