What is UPSTACK?
Founded in 2017 and headquartered in New York City, UPSTACK is dedicated to revolutionizing the procurement and sales of cloud and internet infrastructure. The company prides itself on a diverse team with a shared drive to deliver exceptional client outcomes and industry advancements. UPSTACK's unique methodology is built upon overcoming challenges, developing superior solutions, fostering knowledge sharing, and driving business growth, positioning it as a key player in the evolving infrastructure landscape.
How much funding has UPSTACK raised?
UPSTACK has raised a total of $101.8M across 2 funding rounds:
Angel/Seed
$1.8M
Unspecified
$100M
Angel/Seed (2017): $1.8M with participation from Montage Capital and Burch Creative Capital
Unspecified (2021): $100M led by MidCap Financial and Morgan Stanley
Key Investors in UPSTACK
Montage Capital
Montage Capital is a firm specializing in growth debt, offering capital solutions to capital-efficient companies to facilitate expansion without significant ownership dilution. They provide tailored financing ranging from $500 thousand to $5 million for companies with an annual revenue run rate of at least $3 million.
Burch Creative Capital
Burch Creative Capital is a creative capital firm with over 40 years of experience in scaling new markets, focusing on empowering women and investing in brands with high-end aesthetics and sustainable processes.
MidCap Financial
MidCap Financial provides flexible and efficient financing solutions, tailoring their approach to meet the specific needs of businesses seeking capital.
What's next for UPSTACK?
The substantial enterprise-level backing UPSTACK has received, particularly the recent strategic investment, signals a phase of accelerated scaling and market penetration. This capital will likely be deployed to enhance its platform, expand its service offerings, and strengthen its market presence. The company's focus on innovation and client-centric solutions suggests a continued commitment to disrupting traditional infrastructure sourcing models and solidifying its leadership in the sector.
See full UPSTACK company page
