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Uptake

Chicago, Illinois, United States Industrial Technology Acquired

Uptake Technologies is an industrial intelligence software company that provides AI-driven asset performance management and predictive maintenance solutions. The company uses IoT sensors and data science models to collect data from industrial machinery and predict equipment failures before they occur, helping customers in mining, manufacturing, defense, energy, and fleet management sectors reduce downtime and optimize operational efficiency.

Acquired

Uptake has been acquired

Acquired by Bosch March 20, 2026

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2014

Employees

260–290

Total Funding

$247M

5 rounds

Latest Valuation

$2.3B

March 20, 2026

Funding

Total raised $247M across 5 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series D

Date

November 30, 2017

Amount

$117M

Valuation

$2.3B

Lead Investors

Baillie Gifford
DateRoundAmount RaisedValuationLead Investors
March 20, 2026 Acquisition Not disclosed Bosch
November 30, 2017 Series D $117M $2.3B Baillie Gifford
February 2, 2017 Series C $40M $2B Revolution Growth

Funding by Round

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Valuation Trajectory

Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.

If you invested at:
1x 2x 2016 2017 Uptake

Entry · Series A

$1.1B

Mar 2015

Uptake today

$2.3B

Nov 2017 · latest mark

Uptake multiple

2.1x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Prominent Investors

Revolution Growth Great Point Ventures Baillie Gifford

Leadership

  • Brad Keywell

    Founder & Executive Chairman

    LinkedIn
  • Adam McElhinney

    Chief Executive Officer

    LinkedIn
  • Scott Bolick

    Chief Operations Officer

  • Glo Gordon

    Chief Revenue Officer

  • Kelly McGinnis

    Chief Financial Officer

  • Jacob Whitver

    VP, Head of Technology

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Augury

    Predictive maintenance platform for industrial assets and equipment

  • AspenTech

    Asset performance management software and enterprise asset performance monitoring

  • Falkonry

    Time series AI for smart manufacturing, predictive maintenance, and operational efficiency

  • MaintainX

    Predictive maintenance software for industrial operations

  • Fleetio

    Fleet maintenance and management software

  • Uptime AI

    Predictive maintenance platform for industrial equipment

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Data collected with AI, which can make mistakes. Please double-check this information.