Upland Software, Inc.

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Upland Software, Inc. - overview

Established

2010

Location

Austin, TX, US

Primary Industry

Software

About

Upland Software, Inc. provides a diverse range of cloud-based software solutions designed to optimize business operations across multiple industries, enhancing efficiency and productivity for its clients. Founded in 2010 in Austin, US, Upland Software, Inc. specializes in operational software solutions.


The company has undergone a significant transition since its IPO in November 2014, where it raised USD 46 mn by selling 3. 8 million shares at a price of USD 12 to 14 per share. Recently, Upland raised USD 115. 00 mn through a PIPE funding round, marking a total amount raised of USD 115.


00 mn. The company operates globally, with headquarters in Austin, Texas. The founding team includes Atem Mbeboh, Chintan Patel, Deanna Andrews, Harun Master, Matt Coen, Olumide Soyombo, Saumyadeep ?????? , Shauba Chang, Tom Sant, and Tushar Shastri, while the current CEO is Brett Habermann.


Upland Software offers a comprehensive suite of cloud-based software solutions aimed at enhancing operational efficiency for businesses across various sectors. Their core products encompass document capture, knowledge management, marketing automation, and project management tools. Key offerings include InGenius, which integrates phone systems with CRM platforms to improve customer service; RightAnswers, which provides connected AI knowledge management for enterprise contact centers; and Qvidian, an AI-powered RFP response solution aimed at accelerating sales processes. These products are designed to address specific business challenges such as streamlining communication, automating workflows, and improving customer interactions.


Upland serves a diverse clientele, including organizations in highly regulated industries, educational institutions, and various sectors in North America, Europe, and Asia-Pacific. Upland Software reported revenue of USD 274. 79 mn for the most recent year, 2024, with an EBITDA of USD 147. 92 mn.


The company primarily generates revenue through subscription-based models for its software services, with clients engaging in annual or multi-year contracts. Their pricing structure is tailored to different service offerings, often providing tiered plans based on the level of functionality required. Upland Software aims to grow by expanding its product offerings and enhancing its market presence. The company plans to launch new software solutions designed to meet emerging business needs, with specific release dates to be announced.


Furthermore, Upland intends to penetrate new geographic markets, focusing on opportunities in Europe and Asia-Pacific by 2025. The recent funding of USD 115. 00 mn will be utilized to support these initiatives, including product development and market expansion efforts, allowing Upland to reinforce its competitive positioning.


Current Investors

Advent International, Austin Ventures, Hudson Ventures Partners

Primary Industry

Software

Sub Industries

Systems Management Software, HR & Workforce Software, Content Management Software

Website

www.uplandsoftware.com

Verticals

Cloud Computing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Upland Software, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
PIPEAnnouncedUpland Software, Inc.-
Trade SaleCompletedPostUp Digital LLC-
Private DebtCompletedUpland Software, Inc.-

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