What is FirstUp?
Founded in 2008 and headquartered in San Francisco, California, Firstup operates as an intelligent communication platform designed to connect the employee experience ecosystem. The company enables organizations to personalize the employee journey and derive insights aimed at improving engagement, productivity, and retention. Firstup's technology facilitates a more connected and informed workforce, addressing critical aspects of modern organizational management.
How much funding has FirstUp raised?
FirstUp has raised a total of $71.5M across 3 funding rounds:
Series D
$25M
Series E
$46.5M
Grant
$35K
Series D (2016): $25M with participation from M12 and Focus Ventures
Series E (2018): $46.5M led by Cisco Investments, Adams Street Partners, and Dtcp
Grant (2018): $35K, investors not publicly disclosed
Key Investors in FirstUp
Cisco Investments
Cisco Investments is a venture capital firm founded in 1993 that provides strategic funding and portfolio development services to innovative technology companies, specializing in areas such as cybersecurity, cloud technology, and networking.
Adams Street Partners
Founded in 1972, Adams Street Partners provides investment management services in private markets worldwide, with its headquarters located in Chicago, Illinois.
Dtcp
DTCP Digital Transformation Capital Partners GmbH specializes in innovative investment strategies focused on driving digital transformation, investing in digital infrastructure and growth-stage companies, particularly in areas such as Cybersecurity, SaaS, AI, and Robotics.
What's next for FirstUp?
With the recent influx of substantial expansion capital, FirstUp is poised for accelerated growth and market penetration. This major enterprise-level funding is expected to fuel further development of its intelligent communication platform, enhance its data analytics capabilities for employee insights, and expand its reach into new markets. The company's strategic focus on personalizing the employee journey and improving engagement metrics positions it for continued success in the competitive HR technology landscape.
See full FirstUp company page
