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Uptake delivers AI-powered analytics for heavy industry to improve asset performance. The platform collects data from client machines (millions of assets and thousands of asset types), runs machine-learning models on 2.4 billion hours of historical data, and outputs actionable insights that predict equipment failures and optimize maintenance schedules. Clients subscribe to the software, which integrates with existing systems to ingest data and provide recommendations for operations, maintenance, and uptime. Uptake differentiates itself by handling industrial-scale, cross-domain data across sectors like steel, mining, logistics, and rail, with proven cost savings and higher equipment availability; it has shown tangible results such as uncovering $28 million in maintenance savings for a copper producer and enabling the processing of thousands more tons of copper. The goal is to reduce unplanned downtime, lower maintenance costs, and maximize asset performance for customers.
Industries
Data & Analytics
Industrial & Manufacturing
Enterprise Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series D
Total Funding
$258M
Headquarters
Chicago, Illinois
Founded
2014
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Total Funding
$258M
Above
Industry Average
Funded Over
5 Rounds
Industry standards
Time Away - Need a mental break? Go ahead, take it! Here at Uptake we practice mindfulness. We expect you to know when and how you operate at your best. We also trust you to know what time off you need, and to not leave your team members hanging in the process.
Continuous Learning - We’re on a constant quest to learn. Join us! Enroll in internal classes or external events of your choice. Our professional and personal development program is always growing. From data science 101 to hackathons. From public speaking to conscious leadership.
Holistic Health - Being healthy means something different for everyone. We advocate well-being inside and out. We offer gym and studio discounts as well as on-site finance, massage, and meditation classes.
Progressive Benefits - We’re proud to offer medical, dental, vision, life and disability insurance - in addition to health savings accounts, flexible spending accounts and commuter spending accounts. And Uptake doesn’t just offer a 401(k) - we offer a match as well.
Family Oriented - We’re all about family. We provide parental leave for primary and secondary caregivers – birth or adoption. Our medical plan even offers a Special Beginnings program to get expectant parents and their children off to a healthy start with ongoing education, guidance and support.
Uptake University - We launched our own in-house education program to promote ongoing learning and development. All of our employees have access to Uptake U. Choose from a diverse array of course topics and material, enroll for intriguing classes that compel you, and track your progress throughout.
Communities@Uptake - Our culture is diverse and inclusive. All Uptakers can be their unique selves at work. Our employee-led communities bring together people who are passionate about a common cause, including Engineering Alliance, Latinx, Open Source Software, Parents, Pride, Science, and Women. All actively give back to the Chicago community
Social Responsibility - We invest our time, talent and energy into our philanthropic and civic innovation arm. We create real solutions that help nonprofits and civic organizations solve problems in the social sector. Join us by participating in projects, mentoring data fellows and engaging in meaningful volunteerism.
Bosch to acquire Uptake Technologies to boost predictive maintenance capabilities. Bosch is moving to strengthen its position in fleet-focused predictive maintenance with plans to acquire Chicago-based Uptake Technologies. The proposed deal will enhance Bosch's AI-driven vehicle health and mobility services, as fleets face increasing pressure to reduce downtime and control operating costs. "AI-driven predictive maintenance is rapidly becoming a critical competitive differentiator for fleet management," the company said in announcing the planned acquisition. Financial terms were not disclosed. Uptake Technologies specializes in AI-powered predictive analytics and has spent the past decade developing tools that help fleets anticipate component failures and optimize maintenance planning. Bosch said integrating Uptake's capabilities will accelerate development of its predictive maintenance offerings and expand its portfolio of data-driven services. "This planned acquisition strengthens our position as a leader in data-driven mobility services," said Paul Thomas, president of Bosch in North America and president of Bosch Mobility Americas. "The AI capabilities from Uptake Technologies are a crucial element to expanding our predictive maintenance offerings and accelerating innovation for OEM and fleet customers." Uptake's platform uses machine learning to analyze vehicle data and generate maintenance predictions, paired with recommendations based on severity and cost impact. The system also incorporates feedback from completed repairs to improve accuracy over time. Adam McElhinney, CEO of Uptake Technologies, said the deal will allow the company to scale its technology more quickly. "Joining forces with Bosch will allow us to scale our AI-driven vehicle health solutions faster and deliver even greater value to the market," he said. Bosch plans to integrate Uptake's analytics with its Connectivity Hub telematics platform and Fleet Management ecosystem, creating an end-to-end solution that delivers actionable insights to fleets. The acquisition reflects a broader shift in the trucking and fleet sector toward predictive, data-driven maintenance models aimed at improving uptime and reducing lifecycle costs. trucknews.com is the trucking industry's leading information source, delivering vital insights to fleet executives, operations teams, maintenance personnel, owner-operators, and more. Readers turn to our experienced journalists for award-winning trucking industry news, trends, technical advances, equipment maintenance techniques, and business practices alike. Have your say This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.
Uptake and Somewear awarded Air Force contract for predictive maintenance. CHICAGO, IL - Uptake Technologies, a leader in artificial intelligence (AI) and machine learning-driven asset performance management, today announced it has been awarded a Phase II Small Business Innovation Research (SBIR) contract from the U.S. Air Force through AFWERX. The Air Force Research Laboratory and AFWERX have partnered to streamline the Small Business Innovation Research (SBIR) process by accelerating the small business experience through faster proposal to award timelines, changing the pool of potential applicants by expanding opportunities to small business and eliminating bureaucratic overhead by continually implementing process improvement changes in contract execution. This project will demonstrate Uptake's predictive analytics suite - which combines historical work order data with time series sensor inputs from Air Force vehicles - to forecast failures, reduce downtime, and enhance fleet readiness. Uptake is teaming with Somewear Labs, a leader in critical communications, to connect deployed fleets to command in real time. Somewear's resilient network and integration framework send vehicle diagnostics into Uptake's platform, over mesh and satellite, so predictive insights are available even when teams operate in disconnected environments. "Partnering with Uptake is a force multiplier for mission readiness, combining resilient edge-to-command connectivity with AI-driven, predictive insights so teams can see, decide, and act faster," noted CEO of Somewear Labs James Kubik. "Our open, modular communications framework connects Uptake's predictive maintenance AI to any sensor or platform and advances our commitment to a unified battlespace where edge data reliably flows to command." The contract builds on Uptake's decade of commercial success in predictive maintenance, where its analytics platform has helped some of the world's largest fleets avoid breakdowns, reduce repair costs, and extend asset lifespans. For the Air Force, the platform will be adapted to deliver mission-tailored Condition-Based Maintenance Plus (CBM+) insights, enabling more efficient sustainment and improved operational availability. "We're extremely excited for the opportunity to extend our Defense-related work to the Air Force and prove the outsized value predictive analytics can offer the airmen at Kadena Air Force Base," said Uptake CEO Adam McElhinney. "Like the Marine Corps and Army before, Uptake will help optimize maintenance activities, improving safety, efficiency, and reliability." About Uptake Technologies Headquartered in Chicago, Uptake transforms industrial data into actionable insights that prevent equipment failures and improve efficiency. Its predictive analytics solutions, backed by 55 patents and over 300 billion analyzed data points, deliver tangible ROI for global leaders in transportation, logistics, and energy. Learn more at www.uptake.com. About Somewear Labs Somewear's software platform and hardware enable commercial and government teams to maintain situational awareness during high-pressure operations - in any environment. Somewear is headquartered in San Francisco, CA and trusted by a wide range of customers, from helicopter paramedics to wildland firefighters, to operators within the U.S. Department of Defense. The company's purpose is to build best-in-class solutions that keep people in touch, informed, and safe anywhere in the world.Learn more at www.somewearlabs.com The Air Force Research Laboratory, or AFRL, is the primary scientific research and development center for the Department of the Air Force. AFRL plays an integral role in leading the discovery, development and integration of affordable warfighting technologies for our air, space and cyberspace forces. With a workforce spanning across nine technology areas and 40 other operations around the globe, AFRL provides a diverse portfolio of science and technology ranging from fundamental to advanced research and technology development. For more information, visit afresearchlab.com. As the innovation arm of the DAF and a directorate within the Air Force Research Laboratory, AFWERX brings cutting-edge American ingenuity from small businesses and start-ups to address the most pressing challenges of the DAF. AFWERX employs approximately 370 military, civilian and contractor personnel at four hubs and sites executing an annual $1.4 billion budget. Since 2019, AFWERX has awarded over 10,400 contracts worth more than $7.24 billion to strengthen the U.S. defense industrial base and drive faster technology transition to operational capability. For more information, visit: afwerx.com
Doran Manufacturing has partnered with Uptake Technologies and is aiming to improve tire safety and fuel efficiency for fleets of all sizes by integrating Uptake Analytics with Doran 360 TPMS.
Adam McElhinney, the CEO of Uptake Technologies, a predictive analytics company, said he expects more companies will turn to the power of AI over the next decade to optimize data, leading to more informed decisions.Speaking with FreightWaves CEO Craig Fuller on Thursday at FreightWaves’ F3: Future of Freight Festival, McElhinney discussed the future of AI in logistics. McElhinney’s company helps businesses transform data into insights that help them make better decisions to minimize unexpected downtime.McElhinney, who has been working in machine learning for 20 years, said AI is here to stay and will be even more deeply integrated into logistics companies within the decade. He recommended companies that are curious about AI consider what problems they hope to solve and determine if AI would be the best solution.“You’re going to see a lot more chat interfaces, voice interfaces,” he said. “You’re going to see all that unstructured data that we’re all sitting on — work orders, random Excel files, documents — become queryable, identifiable, and all that will have a positive impact on the industry in general.”He pointed out large language models (LLMs) as an opportunity for fleets. Important data about trucks can be hidden in the comments, notes and messages that go back and forth in a company, rather than just work orders themselves. The LLM can examine and structure that data in a searchable way, which McElhinney said enables customers to use their own data to predict failures or breakdowns — leading to big savings by avoiding unexpected costs. McElhinney also said AI can be handy for search
The American Trucking Associations’ Technology and Maintenance Council (TMC) recently published a report on average standard repair times for many common repairs. Significant increases were shown for the majority of those repairs. While these repairs increase costs and labor for fleets, they also contribute to supply chain delays, driver turnover, roadside breakdowns and the loss of customers.FreightWaves teamed up with Uptake to survey carriers about their experiences with unplanned breakdowns, preventive maintenance and emerging predictive maintenance solutions. The duo sought to better understand fleets’ most common pain points, as well as their existing attitudes surrounding the implementation and advancement of the modern predictive maintenance model.Complete the form below to download the full report
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Industries
Data & Analytics
Industrial & Manufacturing
Enterprise Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series D
Total Funding
$258M
Headquarters
Chicago, Illinois
Founded
2014
Find jobs on Simplify and start your career today