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Upkeep

Upkeep

Mobile-first asset management and maintenance solutions

About

UpKeep provides mobile-first solutions for Computerized Maintenance Management Systems (CMMS) and Enterprise Asset Management (EAM). Their platform helps businesses manage maintenance operations more effectively by integrating wireless sensors and advanced analytics to deliver real-time data. This allows companies to shift from reactive maintenance to preventive maintenance, improving asset performance and reducing downtime and costs. UpKeep stands out from competitors due to its user-friendly interface, strong customer support, and a subscription-based pricing model that accommodates various business sizes and needs. The goal of UpKeep is to enable maintenance and reliability teams to collaborate efficiently, using automated workflows and connected data to enhance decision-making and operational effectiveness.

Company Stage

Series B

Employees

51-200

Industries

Data & Analytics, Enterprise Software

Total Funding

$48.8M

Headquarters

N/A

Founded

2014


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Simplify's Take

What believers are saying

  • Securing $36 million in Series B funding from prominent investors like Insight Partners and Y Combinator indicates strong financial backing and growth potential.
  • Being named a leader by IDC can attract top talent and new clients, bolstering UpKeep's market position.
  • The mobile-first platform can significantly improve productivity and streamline maintenance operations, making it an attractive workplace for tech-savvy professionals.

What critics are saying

  • The competitive landscape in CMMS is intense, requiring continuous innovation to maintain market leadership.
  • Rapid growth fueled by significant funding can lead to scaling challenges, potentially impacting service quality and employee satisfaction.

What makes Upkeep unique

  • UpKeep's mobile-first approach sets it apart in the CMMS market, offering unparalleled convenience for maintenance and operations teams.
  • Recognition as an IDC leader within CMMS underscores UpKeep's industry leadership and credibility.
  • The platform's focus on collaboration enhances operational efficiency, distinguishing it from traditional CMMS solutions.

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Growth & Insights
Headcount

6 month growth

7%

1 year growth

10%

2 year growth

-11%

Benefits

Work from home

Stock options

Unlimited vacations

Medical, mental, dental, & vision

401k

Paid parental leave

Dog friendly office

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