How Much Did Uplevel Raise?
Funding & Key Investors

Uplevel, a Seattle-based pioneer in engineering effectiveness, has successfully secured a major strategic investment, bringing its total capital raised to $27.7M. This latest infusion of $20M underscores the market's growing appetite for data-driven solutions that optimize developer productivity and organizational health. By leveraging machine learning and organizational science, Uplevel continues to solidify its position as a critical infrastructure provider for modern software development teams.

The company's funding trajectory reflects a robust growth narrative, beginning with its initial seed financing in early 2020, followed by a strategic debt facility, and culminating in its recent Series A round. This progression highlights the firm's ability to scale its operations while maintaining a clear focus on solving complex human-capital challenges within the enterprise software sector.

What is Uplevel?

Uplevel
SoftwareEngineering Software

Founded in 2018, Uplevel operates at the intersection of behavioral science and software engineering. The platform provides actionable insights into engineering workflows, enabling leadership teams to identify bottlenecks, prevent burnout, and improve overall delivery velocity. By synthesizing disparate data points into a cohesive organizational view, Uplevel empowers enterprises to make evidence-based decisions that drive long-term performance. Its market position is defined by its unique ability to translate technical output into meaningful business outcomes, a capability that has become increasingly vital as organizations navigate the complexities of hybrid work environments and distributed development teams.

How much funding has Uplevel raised?

Uplevel has raised a total of $27.6M across 3 funding rounds:

2020

Angel/Seed

$7.5M

Debt

$150K

2022

Series A

$20M

Angel/Seed (2020): $7.5M with participation from Norwest Venture Partners, Voyager Capital, and Madrona Venture Group

Debt (2020): $150K led by PPP

Series A (2022): $20M supported by Norwest Venture Partners, Cota Capital, Madrona Venture Group, and Voyager Capital

Key Investors in Uplevel

Norwest Venture Partners

A global, multi-stage venture capital and growth equity investment firm with a long-standing history of supporting transformative technology companies.

Cota Capital

An investment firm focused on early-stage technology companies, combining financial backing with deep operational expertise in the enterprise sector.

Madrona Venture Group

A venture capital firm specializing in consumer internet, commercial software, and services, with a strong focus on Pacific Northwest innovation.

What's next for Uplevel?

With this latest capital injection, Uplevel is well-positioned to accelerate its product roadmap and expand its footprint within the enterprise market. The strategic focus will likely center on deepening its machine learning capabilities to provide more predictive analytics, thereby allowing engineering managers to proactively address team health and project risks. As the demand for high-performance engineering cultures intensifies, Uplevel's role as a strategic partner for CTOs and engineering leaders is expected to grow, potentially setting the stage for further market expansion and product diversification in the coming fiscal periods.

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Frequently Asked Questions Regarding Uplevel Financial Insights

What are the most recent funding rounds that Uplevel has completed, and what were the funding rounds?
Uplevel has recently completed 3 funding rounds: Series A on Jul 13, 2022, Debt on Apr 13, 2020, Angel/Seed on Jan 15, 2020.
What is the total amount of funding Uplevel has raised to date?
Uplevel has raised a total of $27.6M in funding to date.
How many funding rounds has Uplevel completed?
Uplevel has completed 3 funding rounds.
How much funding did Uplevel raise in its most recent funding round?
Uplevel raised $20M in its most recent funding round.
Who are the lead investors in Uplevel's latest funding round?
The lead investor in Uplevel's latest funding round was Norwest Venture Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Uplevel's history?
The largest funding round in Uplevel's history was $20M.
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