Uptake Technologies Raises $40m in Funding
Summary
Uptake Technologies, a Chicago, IL-based provider of data-driven solutions and predictive analytics for companies in major industries, raised $40m in funding.Revolution Growth made the investment.In conjunction with the funding, Ted Leonsis of Revolution Growth joined Uptake Board.Led by Brad Keywell, CEO and cofounder, Uptake provides a predictive analytics SaaS platform that delivers solutions in major industries including mining, rail, energy, aviation, retail, and construction.The platform – which is powered by a continuous feedback loop – aggregates enterprise and external data and applies cross-industry data science to produce actionable insights and recommend impactful actions that are then optimized by human intelligence.
Funding
Amount
$40.0M
Total raised
Date
February 2, 2017
Announcement date
Investors
Uptake, Revolution LLC
Lead investors
Company
http://www.uptake.com
Funded company
Classifications
industries
No industries detected
applications
AI & Machine learning
AskAI Classifications
Labels
Predictive Maintenance Software
Fleet Management Software
AI and Machine Learning Software
Linked Companies
Uptake Technologies
$10M to $25M