UPSTACK is a profitable, fast-growing platform that transforms how businesses source and architect cloud and internet infrastructure solutions. It combines leading cloud and internet infrastructure advisors with proprietary software and support resources to architect customized solutions across services including colocation and data center, network connectivity, SD‑WAN, unified communications, cloud contact center, public and private cloud, security, mobile, business continuity and IoT. Since its founding in 2017 in New York, UPSTACK has completed more than 1,000 data center, connectivity and cloud-based projects and has acquired 13 independent agencies to become the largest and fastest-growing agency in the technology industry. The company intends to continue investing in category-leading telecom, cloud and connectivity firms. UPSTACK says it will use new financing to scale and expand its platform and to strengthen its balance sheet. Berkshire Partners remains UPSTACK’s lead investor and active partner, providing sector expertise and capital markets support. Upstack provides a platform used by system integrators, advisors and end users to design and compare pricing for private, public and hybrid cloud, data center, network connectivity, business continuity and mobile services. The company pairs that technology with about 15 advisors who offer consulting and procurement guidance; customers can pay consulting fees or Upstack can receive commissions from suppliers. Upstack serves large enterprises, government organizations and smaller businesses and names customers including Cisco, Accenture, Backblaze, Riverbed and Lumen. It reports being profitable and says it has helped complete over 3,700 IT projects across 1,000 engagements to date. The company plans to add more categories such as unified communications and security and to continue expanding its services business and advisor team. UpStack is a New York City-based colocation procurement platform provider founded in 2016 by CEO Christopher Trapp. The company has launched a global colocation procurement platform that enables IT professionals, systems integrators and consultants to discover, price and procure colocation solutions worldwide. UpStack counted more than 60 customers prior to launch and had been beta testing with hyperscale companies as well as technology startups. The company secured $1.8M in seed funding from Burch Creative Capital and Montage Ventures. It is using the funds to continue to develop and launch the platform. The announcement was reported on October 18, 2017.

Total raised

$152M

Funding rounds

3

Latest round

Debt Financing

Latest activity

Nov 2021