Company Profile (AI Text)
Name: Upstack
Canonical URL: https://wefunder.com/upstack
Updated at: 2026-06-13T05:00:14Z

Tagline: The fast-growing global pool of highly qualified, vetted software developers
Elevator pitch: We source and vet the best tech talent on the globe and create tech teams for startups.

Key claims:
- Total raised on Wefunder: 391876 | citation: https://wefunder.com/upstack#claim-total-raised
- Total investors: 325 | citation: https://wefunder.com/upstack#claim-total-investors

Verified facts:
- Total raised on Wefunder: 391876 | observed_at: 2026-06-13T05:00:14Z | expires_at: 2026-06-14T05:00:14Z
- Total investors: 325 | observed_at: 2026-06-13T05:00:14Z | expires_at: 2026-06-14T05:00:14Z

Computed metrics:
- total_amount_raised: 391876
- total_investors: 325
- team_size: 6
- featured_investor_count: 1
- faq_count: 5
- recent_post_count: 6

Quick facts:
- 💸 Bootstrapped company: from zero at founding in 2017, to $12M run rate revenue milestone in 2021 | citation: https://wefunder.com/upstack#claim-fact-1
- 💼 Clients include Intercom, MealPal, IKEA, Taskrabbit, Juul, and Invision | citation: https://wefunder.com/upstack#claim-fact-2
- 👏 37% Gross Profit Margin | citation: https://wefunder.com/upstack#claim-fact-3
- ➚ 340% revenue growth from 2018 to 2020 | citation: https://wefunder.com/upstack#claim-fact-4
- 🍴 Helped MealPal build their tech team and raise $35M | citation: https://wefunder.com/upstack#claim-fact-5
- 🌎 Crossroads of 4 massive markets: Recruiters, job boards, freelance platforms and Dev Shops/Outsourcing | citation: https://wefunder.com/upstack#claim-fact-6
- 🏠 Perfect time: COVID-19 has companies going (and staying) remote—Upstack is fully remote & distributed globally | citation: https://wefunder.com/upstack#claim-fact-7
- 🐟 Successfully moved upstream to enterprise & Fortune 500 companies, & robust plans to continue this trajectory | citation: https://wefunder.com/upstack#claim-fact-8

FAQ:
- Q: By investing in upstack, how are the investors going to be getting the return? In form of shares? Where can I read this information from?
  A: Hello Amber, thank you for your question! Investors will be offered preferred stock and you can see the details of this in the "details section" of our Wefunder page here: https://wefunder.com/upstack/details. Also at the bottom of the page is the link to our Form C.
- Q: 1) I apologize if I somehow missed it, but what's the cost of shares? 2) You appear to be operating in a crowded field. How are you differentiating yourself from similar companies like Arc, and what's your competitive advantage? 3) When can we expect to see your Form C and fin...
  A: Hello Kevin, thank you for your questions. For questions 1 and 3 please refer to the financials and the link to Form C which is at https://wefunder.com/upstack/details. Regarding the second question, while we agree that the industry attracts commercial attention, Upstack differentiates itself through a scalable culture and service value proposition that our competitors are not able to meet. Our purpose-built platform allows for our team to put a greater focus on our clients and our developers...
- Q: The listing indicates that it is a priced round. Is the stock being issued Preferred or Common?
  A: Hello Leonard, thank you for your question! Preferred.
- Q: If you generated $6.9 million revenue in 2020, why does your Form C list only $2.3 million for that period? This greatly impacts price-to-sales and my interest in investing.
  A: Hello Kenneth, thank you for your question! $6.7mm is a gross revenue figure for 2020, $2.3mm is a gross profit (less cost of sales) for the same period.
- Q: Almost a month since the first comment here, and no responses yet. Not an encouraging sign. Please follow up soon; still interested in participating once it's all clarified.
  A: Hello Kenneth, We sincerely apologize for the delay!

Recent posts:
- Closing today! (2022-01-17T20:54:01Z) https://wefunder.com/feed/152083
- Massive $200M round!! (2021-10-06T17:25:55Z) https://wefunder.com/feed/149342
- New CFO hired. ex J.P Morgan (and good friend!) (2021-10-04T21:05:49Z) https://wefunder.com/feed/149278
- 400k milestone met (2021-09-27T02:07:26Z) https://wefunder.com/feed/149021
- We hit a big milestone! 300k of the round closed already. (2021-08-24T15:04:49Z) https://wefunder.com/feed/147351
- $12M ARR - We are growing! (fast) (2021-08-03T16:58:28Z) https://wefunder.com/feed/146561