Uponit

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Uponit - overview

Established

2015

Location

New York, NY, US

Primary Industry

Software

About

Uponit delivers technological solutions designed to enhance operational efficiency for businesses, focusing on software applications that optimize project management, customer relationship management, and data analytics. Uponit, founded in 2015 and headquartered in New York, US, specializes in innovative technology solutions for businesses. The company operates independently and has not undergone any significant pivots in its business strategy since its inception. Ailon Sabag serves as the founder, while Gal Glikman is the current CEO.


In February 2017, Uponit secured USD 2. 3 mn in SEED funding led by Jerusalem Venture Partners, with participation from KDC Media Fund, bringing the total amount raised to USD 2. 3 mn. Uponit specializes in providing innovative technological solutions aimed at enhancing operational efficiency for businesses across various sectors.


The company's core product offerings include a robust suite of software applications designed to streamline processes such as project management, customer relationship management (CRM), and data analytics. These products are engineered to address specific pain points, facilitating seamless collaboration and informed decision-making. Uponit primarily targets medium to large enterprises, with a diverse client base spanning industries such as finance, healthcare, and logistics, and their solutions are deployed across North America and Europe. Uponit's revenue model is structured around subscription-based services, allowing clients to access their software solutions through various pricing tiers tailored to different organizational needs.


Transactions involve annual or monthly subscriptions, granting clients continuous access to Uponit's suite of products, including regular updates and customer support. The company's flagship offerings, such as their project management tool, are positioned to generate consistent revenue through established customer relationships and ongoing service agreements. Uponit plans to leverage its recent funding of USD 2. 3 mn, secured in February 2017, to enhance its product offerings and expand into new markets.


The company is currently designing new software solutions aimed at improving operational efficiency, with anticipated releases slated for late 2023. Additionally, Uponit aims to tap into emerging markets in Asia and South America by 2024, broadening its geographical footprint and client base.


Current Investors

Jerusalem Venture Partners, KDC Media Fund

Primary Industry

Software

Sub Industries

IT Security/Cybersecurity, Monitoring & Security Software

Website

www.uponit.com

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Uponit - employee data

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