Upright Overview
- Year Founded
-
2014
- Status
-
Acquired/Merged
- Employees
-
101
- Latest Deal Type
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M&A
Upright General Information
Description
Developer of a crowdfunding platform designed to facilitate the financing of residential redevelopment projects. The company's platform provides basic screening and due diligence of each re-developer to experienced investors who buy and rehabilitate residential properties, enabling real estate developers to get the capital they need to fund their projects and investors to get a convenient and transparent way to invest in real estate.
Contact Information
Website
www.upright.us(Operating Subsidiary)
Corporate Office
- 1300 East 9th Street
- Suite 800
- Cleveland, OH 44114
- United States
Corporate Office
- 1300 East 9th Street
- Suite 800
- Cleveland, OH 44114
- United States
Upright Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Merger/Acquisition | 01-Jan-2025 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series B) | 21-Sep-2021 | Completed | Generating Revenue | |||
| 5. Debt - PPP | 15-Apr-2020 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series A) | 15-Aug-2019 | Completed | Generating Revenue | |||
| 3. Seed Round | 17-Mar-2016 | Completed | Startup | |||
| 2. Accelerator/Incubator | 08-Jun-2015 | $100K | $100K | Completed | Startup | |
| 1. Accelerator/Incubator | 23-Apr-2014 | Completed | Startup |
Upright Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A | ||||||||
| Seed | 5,827,849 | $0.001000 | $0.03 | $0.39 | $0.39 | 1x | $0.39 | 16.77% |
Upright Comparisons
Industry
Financing
Details
Upright Competitors (18)
One of Upright’s 18 competitors is CrowdProperty, a Venture Capital-Backed company based in Birmingham, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| CrowdProperty | Venture Capital-Backed | Birmingham, United Kingdom | ||||
| Groundfloor | Venture Capital-Backed | Atlanta, GA | ||||
| London House Exchange | Private Equity-Backed | London, United Kingdom | ||||
| Brickowner | Venture Capital-Backed | London, United Kingdom | ||||
| PeerStreet | Formerly VC-backed | El Segundo, CA |
Upright Signals
Upright Former Investors (23)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Edison Partners | Growth/Expansion | Minority | ||
| Enterprise Institute | Angel Group | Minority | ||
| Entrepreneurs Roundtable Accelerator | Accelerator/Incubator | Minority | ||
| FinTech Ventures Fund | Venture Capital | Minority | ||
| Founder Institute | Accelerator/Incubator |
Upright Acquisitions (1)
Upright’s most recent deal was a Merger/Acquisition with FlipperForce. The deal was made on 20-May-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| FlipperForce | 20-May-2022 | Merger/Acquisition | Business/Productivity Software |
Upright Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| FlipperForce | Kansas City, MO | 2017 |
Upright FAQs
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When was Upright founded?
Upright was founded in 2014.
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Where is Upright headquartered?
Upright is headquartered in Cleveland, OH.
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What is the size of Upright?
Upright has 101 total employees.
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What industry is Upright in?
Upright’s primary industry is Other Financial Services.
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Is Upright a private or public company?
Upright is a Private company.
-
What is Upright’s current revenue?
The current revenue for Upright is .
-
How much funding has Upright raised over time?
Upright has raised $40M.
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Who are Upright’s investors?
Edison Partners, Enterprise Institute, Entrepreneurs Roundtable Accelerator, FinTech Ventures Fund, and Founder Institute are 5 of 23 investors who have invested in Upright.
-
Who are Upright’s competitors?
CrowdProperty, Groundfloor, London House Exchange, Brickowner, and PeerStreet are some of the 18 competitors of Upright.
-
When was Upright acquired?
Upright was acquired on 01-Jan-2025.
-
Who acquired Upright?
Upright was acquired by Colchis Capital Management.
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