What is Upper Hand?
Upper Hand, Inc. provides sports businesses with integrated solutions designed to streamline front and back-end office tasks. The company offers advanced marketing tools and business intelligence capabilities aimed at enhancing customer performance. By providing customized software and flexible pricing models, Upper Hand is dedicated to facilitating the growth of its clients' businesses. Headquartered in Indianapolis, Indiana, the company has established itself as a key player in the sports business technology sector.
How much funding has Upper Hand raised?
Upper Hand has raised a total of $5.4M across 6 funding rounds:
Private Equity
$1M
Angel/Seed
$1M
Other Financing Round
$1.3M
Series A
$1.1M
Debt
$350K
Debt
$525K
Private Equity (2015): $1M, investors not publicly disclosed
Angel/Seed (2016): $1M led by Sheets Smith Wealth Management
Other Financing Round (2016): $1.3M supported by Larry Sablosky, Don Courtney, and Steve Schneider
Series A (2017): $1.1M featuring Elevate Ventures, Larry Sablosky, and Steve Schneider
Debt (2020): $350K backed by PPP
Debt (2021): $525K with participation from PPP
Key Investors in Upper Hand
Elevate Ventures
Elevate Ventures is a venture capital firm that invests in innovation-driven companies across various sectors at the Pre-Seed, Seed, and Series A stages, providing both funding and strategic guidance to entrepreneurs.
Sheets Smith Wealth Management
Sheets Smith Wealth Management is an independent Registered Investment Advisor offering comprehensive wealth management and financial planning services, focusing on personalized strategies to help clients achieve their financial goals.
What's next for Upper Hand?
The recent major strategic investment signifies a critical growth phase for Upper Hand, likely indicating a move towards scaling operations and expanding market reach. This enterprise-level capital infusion suggests strong investor confidence in the company's business model and its potential for continued success in the sports technology industry. Upper Hand is poised to leverage this backing to enhance its product offerings and solidify its competitive position.
See full Upper Hand company page
