Upkeep

Upkeep

Mobile-first asset management and maintenance solutions

About Upkeep

Simplify's Rating
Why Upkeep is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

51-200

Company Stage

Series B

Total Funding

$48.8M

Headquarters

Los Angeles, California

Founded

2014

Overview

UpKeep provides mobile-first solutions for Computerized Maintenance Management Systems (CMMS) and Enterprise Asset Management (EAM), aimed at improving maintenance operations for various businesses. Their platform utilizes wireless sensors and advanced analytics to deliver real-time data, allowing companies to shift from reactive to preventive maintenance. This transition helps enhance asset performance while minimizing downtime and maintenance costs. UpKeep stands out from competitors due to its user-friendly interface, strong customer support, and a subscription-based pricing model that offers tiered plans to suit different business needs. The company's goal is to enable maintenance and reliability teams to collaborate effectively, using automated workflows and connected data to make informed decisions.

YC Company
📈
Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased IoT adoption boosts demand for UpKeep's real-time data integration capabilities.
  • Shift to predictive maintenance creates opportunities for UpKeep's advanced analytics.
  • Industry 4.0 investments enhance UpKeep's role in smart factory equipment management.

What critics are saying

  • Emerging AI-driven competitors may challenge UpKeep's market position.
  • EU data privacy regulations could impact UpKeep's data handling practices.
  • Open-source CMMS platforms may attract cost-sensitive customers away from UpKeep.

What makes Upkeep unique

  • UpKeep is a mobile-first CMMS/EAM platform, enhancing maintenance team efficiency.
  • The platform integrates wireless sensors for real-time data and preventive maintenance.
  • UpKeep's solutions are highly rated for ease of use and customer support.

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Funding

Total Funding

$48.8M

Meets

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Meet Average

Industry standards

$35M
$36M
Upkeep
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Work from home

Stock options

Unlimited vacations

Medical, mental, dental, & vision

401k

Paid parental leave

Dog friendly office

Growth & Insights and Company News

Headcount

6 month growth

↑ 7%

1 year growth

↑ 5%

2 year growth

↑ 1%
UpKeep
Dec 20th, 2024
Winter Wins: UpKeep Earns High Praise in G2's CMMS Software Report

UpKeep proudly earns the prestigious Leader award for Winter 2025, standing out for its exceptional customer satisfaction across the board.

Empowering Pumps & Equipment
Sep 1st, 2021
UpKeep Maintenance Management recognized as IDC leader within CMMS

“It’s no wonder UpKeep has been named an IDC leader within CMMS.

Crazy About Startups
Jun 19th, 2020
Best CMMS Software

Computerized maintenance management software—better known as CMMS—helps simplify the maintenance operations for various organizations. The

TechCrunch
May 12th, 2020
UpKeep raises $36 million Series B to help facilities and maintenance teams go mobile

UpKeep, a mobile-first platform for maintenance and operations collaboration, has today announced the close of a $36 million Series B financing round. The round was led by Insight Partners, with participation from existing investors Emergence Capital, Battery Ventures, Y Combinator, Mucker Capital and Fundersclub. UpKeep was founded by Ryan Chan. Chan worked at Trisep Corporation, […]

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