What is Upswing?
Upswing is a technology company dedicated to making educational support services universally accessible and free. Through strategic partnerships with educational institutions, Upswing delivers a modern student services experience for students, staff, and administrators. This approach is designed to enhance student success rates and increase degree attainment, addressing a critical need in the education sector.
How much funding has Upswing raised?
Upswing has raised a total of $7.2M across 4 funding rounds:
Private Equity
$500K
Angel/Seed
$1.5M
Debt
$150K
Series A
$5M
Private Equity (2015): $500K with participation from Tech Wildcatters
Angel/Seed (2017): $1.5M, investors not publicly disclosed
Debt (2020): $150K supported by PPP
Series A (2021): $5M featuring SustainVC, Impact America Fund, JPMorgan Chase, Bonsal Capital, Agave Fund, Lumina Foundation, and Imaginable Futures
Key Investors in Upswing
SustainVC
SustainVC is an impact-focused venture capital firm dedicated to supporting entrepreneurs creating a sustainable, equitable, and healthier world, with a focus on climate and access/opportunity initiatives.
Impact America Fund
Impact America Fund invests in businesses led by entrepreneurs of color, aiming to empower these communities and increase economic participation through essential services.
JPMorgan Chase
JPMorgan Chase is a leading global financial services firm offering a wide range of services including investment banking, commercial banking, and asset management.
What's next for Upswing?
With the recent influx of major strategic investment, Upswing is poised for significant expansion and innovation. The company is likely to focus on scaling its platform, enhancing its service offerings, and potentially exploring new educational technology verticals. This capital infusion will enable Upswing to further its mission of providing free, universal access to educational support, solidifying its position as a key player in the ed-tech landscape.
See full Upswing company page