Upstack

The fast-growing global pool of highly qualified, vetted software developers

https://wefunder.com/upstack

Total raised on Wefunder: 391876

Total investors: 325

Quick facts

  • ๐Ÿ’ธ Bootstrapped company: from zero at founding in 2017, to $12M run rate revenue milestone in 2021
  • ๐Ÿ’ผ Clients include Intercom, MealPal, IKEA, Taskrabbit, Juul, and Invision
  • ๐Ÿ‘ 37% Gross Profit Margin
  • โžš 340% revenue growth from 2018 to 2020
  • ๐Ÿด Helped MealPal build their tech team and raise $35M
  • ๐ŸŒŽ Crossroads of 4 massive markets: Recruiters, job boards, freelance platforms and Dev Shops/Outsourcing
  • ๐Ÿ  Perfect time: COVID-19 has companies going (and staying) remoteโ€”Upstack is fully remote & distributed globally
  • ๐ŸŸ Successfully moved upstream to enterprise & Fortune 500 companies, & robust plans to continue this trajectory

Team profiles

Featured investor profiles

Upstack

The fast-growing global pool of highly qualified, vetted software developers

Funded badge
Last Funded January 2022

$391,876

raised from 325 investors
Pitch Video
Investor Panel

Investor Panel

Todd interviewed Upstack on June 14, 2021. Play Video
Todd Folk
Founder/CEO of AppApp 10+ years in the hospitality industry. Serial Entrepreneur, Tobacconist, & Rum aficionado.
Strengths
says, "Upstack shows great growth numbers and I really love how they were able to bootstrap this style of business early on to prove the market."
Advice
says, "The big question I would ask here is, are you asking for enough money? If the goal is to really throw fuel on the fire, perhaps more would be better."

What Investors Say

LEAD INVESTOR
Invested $75,000 this round
Upstack is a company in the right place, at the right time for me to invest. The company is led by an experienced team who are dedicated to the company and passionate about the potential for the remote developer community. Upstack leverages its growth from partering with technology leaders. Upstack sources the best talent through a tried and tested system which connects skilful, well rounded developers with companies they want to work. With stable cash flows, a solid balance sheet and a margin that captalises on the ability to scale at low cost investing in Upstack is an easy choice for me to make.
What People Say