COMPANY INFO
Upwards is a private company founded in 2017 by Jesse Forrest and Jessica Chang. It operates in the Information Services (B2C) industry and has approximately 198 employees. Upwards provides a technology-driven childcare platform that connects families with local caregivers, offering access to affordable care and supporting childcare providers through a technology-based marketplace. The company is headquartered in Coral Springs, Florida, and its website is upwards.com.
Upwards is a private technology-driven care solutions company founded in 2017 by Jesse Forrest and Jessica Chang. Operating in the Information Services (B2C) industry, Upwards connects families with local caregivers via an innovative childcare platform. Their marketplace not only enables access to affordable care for families but also empowers childcare providers through supportive technology. Headquartered in Coral Springs, Florida, Upwards has approximately 198 employees and has been a key player in making childcare more accessible through digital solutions.
Upwards funding journey reflects a purposeful and growth-oriented strategy. Since its inception, the company has raised a total of $5.5 million across 7 funding rounds. Notable milestones in the company's funding history include rapid expansion driven by a significant Series A round and a validated business model supported by diverse, reputable investors. Upwards’ funding rounds have focused on scaling operations, improving technology infrastructure, and expanding its marketplace presence. The company's funding strategy highlights strong partnerships with both early-stage backers and established venture capital firms.
This Series A funding round was aimed at fueling Upwards' growth and expansion activities. The funds were utilized to scale the childcare platform, expand market reach, and enhance technology offerings for both families and providers.
The seed round provided the essential capital for Upwards’ initial launch. The investment was crucial in establishing its foundational technology platform, acquiring early users, and setting operational processes.
Shunwei Capital led the Series A round and has played a pivotal role in supporting Upwards’ growth trajectory through expert guidance and access to a broader venture ecosystem.
As a lead investor in the seed round, Mayfield was instrumental in Upwards' early-stage development, providing not just capital but also mentorship and key industry connections.
India Quotient also participated in the company's seed round, backing Upwards in its formative years and supporting the company through its go-to-market efforts.
Alpha Edison has been a significant investor, contributing not only funds but also strategic advice as Upwards scaled its marketplace and technological capabilities.
M13 supported Upwards as it expanded its outreach and scaled operational capacities, leveraging their experience in consumer technology investments.
Fika Ventures played a supportive role, bringing expertise in early-stage technology investments and providing hands-on assistance during critical growth phases.
Equal Ventures Management contributed to Upwards’ funding, aiding the company in strengthening its market position in the childcare sector.
Gopher Asset Management added financial muscle and advisory support, ensuring Upwards maintained a steady course through its funding rounds.
VITALIZE Venture Capital has been involved in supporting Upwards’ mission and funding its efforts to expand technology-driven solutions for families and caregivers.
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