Uptake
Founded Year
2014Stage
Incubator/Accelerator - II | AliveTotal Raised
$317MAbout Uptake
Uptake develops predictive analytics software. It enables and delivers actionable insights to predict asset failure, optimize maintenance strategy, mitigate catastrophic risk, and more. The company was founded in 2014 and is based in Chicago, Illinois.
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ESPs containing Uptake
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The predictive maintenance market offers software solutions leveraging AI and IoT technologies to provide real-time machine insights. This enables manufacturers to move from reactive to proactive maintenance programs and, as a result, prevent process-driven production losses, reduce over maintenance, extend asset lifetime, and optimize manufacturing equipment controls. It also helps them eliminate…
Uptake named as Leader among 15 other companies, including Qlik, SparkCognition, and Vanti.
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Research containing Uptake
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Uptake in 9 CB Insights research briefs, most recently on Aug 16, 2023.
Aug 16, 2023
The industrial internet of things (IIoT) market map
Nov 18, 2022
128 companies building the future of the job site
Expert Collections containing Uptake
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Uptake is included in 10 Expert Collections, including Construction Tech.
Construction Tech
1,021 items
Companies in the construction tech space, including additive manufacturing, construction management software, reality capture, autonomous heavy equipment, prefabricated buildings, and more
Supply Chain & Logistics Tech
3,812 items
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Unicorns- Billion Dollar Startups
1,228 items
Oil & Gas Tech
1,008 items
Companies in the Oil & Gas Tech space, including those focused on improving operations across upstream, midstream, and downstream sectors, as well as those working on sustainable fuels.
Tech IPO Pipeline
286 items
Artificial Intelligence
10,987 items
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Uptake Patents
Uptake has filed 87 patents.
The 3 most popular patent topics include:
- machine learning
- data management
- respiratory therapy
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
10/25/2019 | 10/24/2023 | Data management, Machine learning, Data warehousing, Database management systems, Business intelligence | Grant |
Application Date | 10/25/2019 |
|---|---|
Grant Date | 10/24/2023 |
Title | |
Related Topics | Data management, Machine learning, Data warehousing, Database management systems, Business intelligence |
Status | Grant |
Latest Uptake News
Jul 27, 2023
Fleets News provided by Share this article Share this article As the newest addition to the industry-leading Virtual Vehicle platform, Uptake's data analytics will help keep drivers safely on the road and prevent unplanned roadside breakdowns SAN DIEGO and CHICAGO, July 27, 2023 /PRNewswire/ -- Platform Science , the leading connected vehicle platform, and Uptake , a leader in predictive analytics software-as-a-service (SaaS), today announced a partnership to extend data-driven insights and predictive maintenance capabilities to some of the country's largest vehicle fleets. Platform Science's Virtual Vehicle platform offers workflow, navigation, telematics, and a range of other solutions to the most innovative fleets and commercial vehicles. Now, it is adding Uptake's predictive analytics to the Safety and Maintenance category of its growing ecosystem of third-party applications. "When fleet managers tell us they want new capabilities for optimizing and streamlining their business, we find the best-in-class solution," said Joe Jumayao, Vice President of Business Development at Platform Science. "Fleet managers don't want to lose time waiting on parts and repairs. They want to keep trucks rolling and deliveries arriving on time. Uptake will help them do that." "We are thrilled to partner with the leader in connected vehicles and join the ecosystem that puts the most vital information right at the fingertips of fleet managers," said Kayne Grau, CEO of Uptake. "This partnership comes during peak season for fleets, when drivers and technicians are often at their busiest. We're excited to extend our capabilities to Platform Science's large network for a meaningful impact on the efficiency of the transportation industry." Fleets using Uptake via the Virtual Vehicle platform will be equipped with real-time and historical data to better inform maintenance strategies and predict vehicle needs. These insights can be leveraged to maximize mechanics' time, improve labor effectiveness and streamline operations. Users will also get improved visibility into the condition of their vehicles, which is critical to their longevity. The end result will be as much as 20% reduction in downtime and impactful maintenance operations for optimal fleet performance. In collaboration with Platform Science, Uptake will be able to provide comprehensive data insights to some of the largest truck fleets in the country. These insights enable fleet managers to transition from calendar-based preventive maintenance schedules to a dynamic predictive maintenance strategy. The transition will enable fleets to save on repair costs by an average of 12% and minimize delays by helping them prevent unplanned roadside breakdowns and catastrophic failures. Uptake users will also have access to Platform Science's expert support team, who are available 24 hours a day to answer questions. Uptake Fleet is available to Platform Science users today through the Virtual Vehicle platform. To learn more about the partnership, visit https://www.platformscience.com/appsintegrations/uptake-fleet . About Platform Science Platform Science is transforming transportation technology by empowering enterprise fleets with a unified, user-friendly technology platform. Platform Science makes it easy to develop, deploy and manage mobile devices and applications on commercial vehicles, giving fleets an edge in efficiency, flexibility, visibility, and productivity. The customizable platform delivers an unlimited canvas to fleets and developers seeking to innovate and create new solutions as customers' needs, businesses and industries evolve. Platform Science was named by Fast Company as one of the World's Most Innovative Companies for 2022. Platform Science was ranked #2 in the FreightTech 25 Awards by industry news leader, FreightWaves, for both 2022 and 2023. For more information, please visit www.platformscience.com About Uptake Uptake is a leader in predictive analytics software-as-a-service (SaaS), working to translate data into smarter operations. Driven by industrial data science, Uptake enables and delivers actionable insights that predict truck and component failure, optimize parts and maintenance strategies, and visualize cost information with more than 45 patents, almost 200 data science models and recognition by Gartner, Verdantix, the World Economic Forum, CNBC, and Forbes. Uptake is based in Chicago. To stay up-to-date on what we're doing, visit us at www.uptake.com and follow us on LinkedIn and Instagram . Media Contact
Uptake Frequently Asked Questions (FAQ)
When was Uptake founded?
Uptake was founded in 2014.
Where is Uptake's headquarters?
Uptake's headquarters is located at 2045 West Grand Avenue, Chicago.
What is Uptake's latest funding round?
Uptake's latest funding round is Incubator/Accelerator - II.
How much did Uptake raise?
Uptake raised a total of $317M.
Who are the investors of Uptake?
Investors of Uptake include Plug and Play Accelerator, GreatPoint Ventures, Revolution, Plug and Play Milan, Valor Equity Partners and 6 more.
Who are Uptake's competitors?
Competitors of Uptake include Fero Labs, Eco-Adapt, AVEVA, Beyond Limits, Amygda and 7 more.
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Compare Uptake to Competitors
UptimeAI offers virtual AI assistant software for improving plant and asset performance. Its predictive maintenance software combines artificial intelligence, domain knowledge (failure modes/recommendations), and plant engineer workflows to predict and mitigate impending failures in process industries. It caters to the energy, chemicals, and heavy industries. The company was founded in 2019 and is based in South San Franciso, California.
Predictronics is a company that focuses on providing AI-based predictive analytics solutions and services in the industrial sector. The company offers solutions that provide actionable data insights, which help businesses reduce downtime, optimize productivity, and improve product quality. Predictronics primarily serves sectors such as manufacturing, semiconductors, cargo and logistics, energy, transportation, and industrial equipment. It is based in Cincinnati, Ohio.
Intelecy operates as a Software as a Service company within sustainable industrial production. The no-code Industrial AI platform allows operators and engineers to create, use and operationalize machine learning (ML) models without coding experience. The applications allow the operational workforce to build ML models in minutes. Anomaly models allow users to detect where anything deviates from the expected behavior. Forecast models enable users to predict what has not happened yet and make adjustments before it’s too late. The Intelecy no-code Industrial AI platform provides built-in MLOps to deploy, monitor, and maintain ML models. Intelecy is explicitly designed for industrial IoT data and can be used in all verticals in the process and manufacturing industry. It integrates swiftly and securely with industrial protocols like OPC-UA, and industrial solutions like Historians or Distributed Control Systems (DCS) through pre-built data connectors. The company was founded in 2016 and is based in Oslo, Norway.
Asystom is a company that specializes in the design and manufacturing of intelligent maintenance solutions, operating within the industrial and scientific equipment sector. The company offers a comprehensive predictive maintenance solution for industrial equipment, which includes sensors and a data visualization platform that allows for maintenance monitoring, service optimization, and failure prediction. Asystom primarily serves industries such as metal and mining, pharmaceutical, manufacturing, oil and gas, water and waste, and food. It was founded in 2016 and is based in Castelnaudary, France.
DINGO provides enterprise predictive maintenance software to the mining, oil and gas, wind, rail, and defense industries. It provides a condition management program, the ability to measure and track results, the asset health manager app, action planning and tracking, condition monitoring information, and more. It was founded in 1991 and is based in Wilston, Queensland.
TRACTIAN focuses on industrial monitoring and maintenance management, operating in the technology industry. The company offers a predictive system that combines condition-monitoring sensors for machines with an artificial intelligence (AI) platform. This system automatically analyzes collected data and makes it accessible to teams in an easy-to-understand format, while also providing tools that facilitate and automate maintenance management. The company was founded in 2019 and is based in Atlanta, Georgia.
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