How Much Did Upstate Applications Raise?
Funding & Key Investors

Upstate Applications has successfully secured a significant infusion of capital, reaching a cumulative $19K in total financing. This latest injection of $19K marks a pivotal moment for the organization as it transitions into a more aggressive growth phase. By leveraging this recent investment, the company aims to solidify its market position within the specialized agricultural services sector, specifically targeting the post-harvest treatment market in the Northeastern United States.

The capital allocation reflects a strategic commitment to scaling operations and enhancing the technological infrastructure required to support large-scale potato, onion, and apple producers. As the firm navigates this Series A/B growth stage, the focus remains on operational excellence and the expansion of its proprietary sprout control and pathogen reduction solutions.

What is Upstate Applications?

Upstate Applications
AgricultureCrops

Founded in 2005 and led by Drew Heisey, Upstate Applications operates as a critical service provider in the agricultural supply chain. The company specializes in post-harvest treatments that are essential for maintaining crop integrity and extending shelf life for high-volume produce. By providing 24/7 service during peak harvest windows, the firm has established itself as a reliable partner for growers in New York and Pennsylvania. Their business model centers on the intersection of agricultural science and logistics, ensuring that produce remains viable from the field to the consumer market. This niche focus on storage quality management positions the company as a key player in reducing food waste and improving profitability for regional agricultural enterprises.

How much funding has Upstate Applications raised?

Upstate Applications has raised a total of $19K across 1 funding round:

2021

Debt

$19K

Debt (2021): $19K with participation from PPP

Key Investors in Upstate Applications

PPP

Public-Private Partnership

What's next for Upstate Applications?

Looking ahead, the strategic roadmap for Upstate Applications involves leveraging its recent capital to broaden its service footprint and potentially integrate advanced monitoring technologies into its existing treatment protocols. The company is well-positioned to capitalize on the increasing demand for sustainable and efficient post-harvest management solutions. By optimizing its service delivery model and investing in product innovation, the firm is poised to capture additional market share. Future growth will likely be driven by the continued adoption of its specialized treatments, as producers seek to mitigate losses and maximize the marketability of their harvests in an increasingly competitive global food economy.

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Frequently Asked Questions Regarding Upstate Applications Financial Insights

What are the most recent funding rounds that Upstate Applications has completed, and what were the funding rounds?
Upstate Applications has recently completed 1 funding rounds: Debt on Jan 26, 2021.
What is the total amount of funding Upstate Applications has raised to date?
Upstate Applications has raised a total of $19K in funding to date.
How many funding rounds has Upstate Applications completed?
Upstate Applications has completed 1 funding rounds.
How much funding did Upstate Applications raise in its most recent funding round?
Upstate Applications raised $19K in its most recent funding round.
Who are the lead investors in Upstate Applications's latest funding round?
The lead investor in Upstate Applications'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 Upstate Applications's history?
The largest funding round in Upstate Applications's history was $19K.
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