What is Upside?
Founded in 2017 and based in the District of Columbia, Upside operates as an online platform dedicated to streamlining business travel. The company provides solutions for booking hotels and flight tickets, catering to the specific needs of corporate travelers. Its focus on the enterprise market positions it as a key player in the evolving landscape of corporate travel management and SaaS solutions.
How much funding has Upside raised?
Upside has raised a total of $165M across 1 funding round:
Series D
$165M
Series D (2022): $165M with participation from General Catalyst, Bessemer Venture Partners, and Builders VC
Key Investors in Upside
General Catalyst
General Catalyst is a prominent venture capital firm known for investing in technology companies across various stages, often focusing on disruptive innovation and market leadership.
Bessemer Venture Partners
Bessemer Venture Partners is a well-established venture capital firm with a long history of backing successful technology companies, particularly in their early to growth stages.
Builders VC
Builders VC is a venture capital firm that typically invests in early-stage technology companies, often with a focus on enterprise software and disruptive business models.
What's next for Upside?
The recent major strategic investment signifies a pivotal moment for Upside, likely enabling further expansion of its platform capabilities and market reach. This capital infusion is expected to fuel innovation in corporate travel booking technology and enhance its service offerings to enterprise clients. The company is poised for accelerated growth, aiming to solidify its position as a leader in the business travel technology space.
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