2017 was another exciting year for us at UpWest Labs. As we move into the new year, we wanted to look back on some of the highlights of 2017 and share some exciting numbers with you. Here’s to another wonderful year in 2018!
6 New Investments | At the start of the year, we invested in LEVL, Waycare, and Quarterback. Later in 2017, CyCognito, Loadmill, and WeFind joined the UpWest portfolio as well.
4 Portfolio Exits | UpWest-backed companies VBrand, Jaco, EXO Technologies, and Drippler were all acquired in 2017. We’re proud to have been the first investors in all three companies, and look forward to watching them excel in their next chapters.
$70M Raised by SentinelOne | SentinelOne raised a $70M Series C round in January, bringing the company’s total funding to $110M. We are proud to be SentinelOne’s first investor.
$33M Raised by Airobotics | In September, Airobotics raised a $33M Series C round, bringing the company’s total funding to $61M.
7 Seed & Series A Rounds | Three UpWest-backed companies, BuildUp, Javelin Networks and SecuredTouch, raised Series A rounds in 2017; while Stampli and Waycare announced their Seed funding. Two more completed rounds to be announced soon…
35 Investors in Follow-On Rounds of UpWest Companies | Our portfolio raised follow-on rounds from more than 35 total investors in 2017. Since 2011, UpWest’s portfolio has raised $500M of follow-on funding from over 200 investors.