What is Upland?
Founded in 2010 and headquartered in Austin, Texas, Upland Software specializes in developing enterprise work management cloud software. Their solutions are designed to empower clients to optimize their operations by enhancing team collaboration, streamlining project and cost management, automating workflows, and improving engagement with prospects and customers. Upland's platform addresses critical business needs for organizations seeking to improve productivity and efficiency through integrated cloud-based tools.
How much funding has Upland raised?
Upland has raised a total of $1.1B across 7 funding rounds:
Private Equity
$15M
Stock Offering
$42.7M
Debt
$200M
Multiple Rounds
$751.1M
Private Equity
$115M
Private Equity (2014): $15M with participation from Activant Capital Group
Stock Issuance/Offering (2017): $42.7M led by Undisclosed
Debt (2017): $200M supported by Regions, Goldman Sachs Bank, Citizens Bank, CIT Bank, N.A, and Wells Fargo Capital Finance
Stock Issuance/Offering (2019): $151.1M featuring Undisclosed
Debt (2019): $410M backed by Capital One, National Association, Credit Suisse Loan Funding, HSBC Securities, Regions, and Wells Fargo Securities
Debt (2019): $190M with participation from Undisclosed
Private Equity (2022): $115M, investors not publicly disclosed
Key Investors in Upland
Activant Capital Group
Activant Capital Group is a research-led growth firm that invests in innovative solutions across various industries, focusing on empowering businesses through digitization and advanced technology.
Capital One
Capital One is a prominent financial institution providing a wide range of banking and financial services to individuals and businesses.
Regions
Regions Financial Corporation is a financial holding company offering comprehensive banking and bank-related services, including commercial banking, consumer banking, and wealth management.
What's next for Upland?
The significant enterprise-level funding and recent strategic investment indicate Upland Software is in a robust growth phase, likely focusing on scaling its operations, expanding its product offerings, and potentially pursuing strategic acquisitions. This capital infusion is expected to fuel further innovation in its enterprise work management solutions and strengthen its market position. The company's trajectory suggests a continued emphasis on providing comprehensive cloud-based tools for businesses aiming to enhance productivity and operational efficiency.
See full Upland company page