What is Uptick?
Founded in 2014 and formerly known as "aBAS Property Solutions," Uptick is headquartered in Abbotsford and offers a comprehensive suite of cloud-based solutions designed for organizations that manage, maintain, and audit buildings. Its flagship product, Uptick FM, streamlines the ticketing and tendering process for tenant-reported works. Complementing this, Uptick FS caters to fire protection, air conditioning, and electrical contractors, providing robust tools for scheduling, asset management, defect reporting, and invoicing. The company's dual-product approach addresses critical operational needs across the building lifecycle, positioning it as a key player in facility and contractor management software.
How much funding has Uptick raised?
Uptick has raised a total of $3.6M across 2 funding rounds:
Private Equity
$1.6M
Private Equity
$2M
Private Equity (2017): $1.6M with participation from Tempus Partners Equity Venture Partners
Private Equity (2021): $2M led by Mars Growth Capital
Key Investors in Uptick
Mars Growth Capital
Mars Growth Capital is an investor participating in the company's funding round. Their specific investment focus is not detailed.
Tempus Partners Equity Venture Partners
Tempus Partners Equity Venture Partners is an investment firm that likely focuses on providing capital to companies within the technology and property management sectors, supporting their expansion and development.
What's next for Uptick?
With the recent influx of capital, Uptick is strategically positioned to enhance its existing product offerings and potentially explore new market segments. The company's focus on cloud-based solutions aligns with the increasing demand for digital transformation in the building management and maintenance industries. Future developments are likely to center on expanding the capabilities of Uptick FM and Uptick FS, integrating advanced analytics, and potentially scaling its operations to meet growing domestic and international demand. This latest funding round underscores the company's potential for sustained growth and innovation.
See full Uptick company page