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Upside

455 Massachusetts Avenue, NW, Suite 350, Washington, DC, 20001, United States

Overview

Upside, formerly GetUpside, is a two-sided marketplace retail technology platform that delivers targeted offers to grocery stores, restaurants, gas stations, and convenience stores to drive measurable incremental profit. Its app and partner apps give 30 million consumers access to offers, and the company has partnered with over 50,000 brick-and-mortar locations. To date Upside has driven $550 million back into local communities and processes billions of dollars in commerce annually, committing 1% of all revenue to sustainability initiatives. The company recently raised $165 million in a Series D composed of $65 million in equity and $100 million in debt at a $1.5 billion valuation. Upside plans to use the capital to accelerate user growth, expand into new retail categories, invest in product development, and hire top talent. The business emphasizes measurable benefits for retailers, consumers, and communities amid elevated inflation.

Total raised
$165M
Funding rounds
2
Latest round
Debt Financing
Latest activity
Apr 2022

Industries

  • Apps
  • Business Development
  • Data Management
  • Marketplace
  • Mobile Apps
  • Retail
  • Retail Technology
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Recent funding

  1. Debt Financing

    Apr 2022

    $100M

Team

  • Alex Kinnier

    Co-Founder and CEO

    LinkedIn
  • Rick McPhee

    Co-Founder and Head of Engineering

    LinkedIn
  • Joanna Kochaniak

    Co-founder, Distinguished Engineer, and CTO

    LinkedIn
  • Jan Rubio

    Co-founder and Design

    LinkedIn