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), 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 accommodates different business needs. The goal of UpKeep is to enable maintenance and reliability teams to collaborate effectively, using automated workflows and connected data to make informed decisions and improve overall operational efficiency.

Company Stage

Series B

Employees

51-200

Industries

Data & Analytics, Enterprise Software

Total Funding

$47.5M

Headquarters

Los Angeles, California

Founded

2014


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Simplify's Take

What believers are saying

  • UpKeep raised $36 million in Series B funding, boosting growth potential.
  • The demand for mobile-first solutions in maintenance management is increasing.
  • Integration of AI-driven predictive maintenance tools is becoming popular, reducing downtime.

What critics are saying

  • Increased competition from emerging CMMS providers could erode UpKeep's market share.
  • Rapid technological advancements may strain UpKeep's resources and affect profitability.
  • Economic downturns in key industries could reduce spending on maintenance software.

What makes Upkeep unique

  • UpKeep is a mobile-first CMMS/EAM platform, enhancing maintenance team efficiency.
  • The platform integrates wireless sensors and analytics for real-time data and preventive maintenance.
  • UpKeep is recognized as a leader in CMMS by G2 and IDC.

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Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-3%

2 year growth

-7%

Benefits

Work from home

Stock options

Unlimited vacations

Medical, mental, dental, & vision

401k

Paid parental leave

Dog friendly office

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