How Much Did Up Raise?
Funding & Key Investors

UP Craftsmen has successfully secured a significant capital injection, bringing its total funding to $15K. This latest infusion of $15K marks a pivotal moment for the Silver Spring-based builder as it scales its operations to address the acute housing shortage in Montgomery County. By leveraging this recent financing, the firm is positioned to accelerate its mission of delivering high-quality accessory dwelling units (ADUs) to a market increasingly focused on density and affordability.

What is Up?

Up
ConstructionConstruction ManagementArchitecture, Engineering & Design

UP Craftsmen operates as a specialized developer and construction firm focused on the design, permitting, and installation of accessory dwelling units. By streamlining the complex regulatory and construction processes associated with small-scale residential projects, the company provides a turnkey solution for homeowners. Their business model is fundamentally designed to unlock property value and foster generational wealth for first-time homeowners, effectively bridging the gap between traditional real estate development and the growing demand for flexible, modular living spaces in suburban environments.

How much funding has Up raised?

Up has raised a total of $15K across 1 funding round:

2021

Debt

$15K

Debt (2021): $15K with participation from PPP

Key Investors in Up

PPP

Public-Private Partnership

What's next for Up?

With the current Series A/B growth stage funding, UP Craftsmen is expected to prioritize operational scaling and market penetration within the Maryland region. The strategic deployment of this capital will likely focus on optimizing their construction supply chain and expanding their design-build team to meet the rising demand for ADUs. As the company matures, the focus will shift toward standardizing their installation processes to reduce lead times, thereby solidifying their competitive advantage in the regional housing market and establishing a scalable blueprint for future expansion into neighboring jurisdictions.

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Frequently Asked Questions Regarding Up Financial Insights

What are the most recent funding rounds that Up has completed, and what were the funding rounds?
Up has recently completed 1 funding rounds: Debt on Feb 7, 2021.
What is the total amount of funding Up has raised to date?
Up has raised a total of $15K in funding to date.
How many funding rounds has Up completed?
Up has completed 1 funding rounds.
How much funding did Up raise in its most recent funding round?
Up raised $15K in its most recent funding round.
Who are the lead investors in Up's latest funding round?
The lead investor in Up's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Up's history?
The largest funding round in Up's history was $15K.
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