Uptake
Founded Year
2014Stage
Incubator/Accelerator - II | AliveTotal Raised
$317MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-68 points in the past 30 days
About Uptake
Uptake is a company specializing in industrial intelligence and predictive analytics within the software-as-a-service (SaaS) sector. The company offers solutions that translate data into actionable insights for predictive maintenance, asset failure prediction, and optimization of maintenance strategies. Uptake primarily serves sectors that require robust maintenance analytics, such as transportation and heavy industry. It 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 Outperformer among 15 other companies, including IBM, Siemens, and SAP.
Uptake's Products & Differentiators
Uptake Fusion
Uptake Fusion streamlines movement, storage, and curation of OT data, accelerating the transfer to the cloud while ensuring data integrity and security. The data is organized in the customer’s cloud environment on Microsoft Azure. Users across an organization, from multiple business units, have free rein to analyze the data, model the data, and customize it for a wide range of use cases that suit their specific needs.
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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 8 CB Insights research briefs, most recently on Mar 21, 2024.
Aug 16, 2023
The industrial internet of things (IIoT) market mapNov 18, 2022
128 companies building the future of the job siteExpert 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 9 Expert Collections, including Construction Tech.
Construction Tech
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Unicorns- Billion Dollar Startups
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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.
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Artificial Intelligence
14,653 items
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Uptake Patents
Uptake has filed 89 patents.
The 3 most popular patent topics include:
- data management
- lung disorders
- machine learning
Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
4/4/2022 | 8/20/2024 | Numerical climate and weather models, Climate modeling, Knowledge representation, Statistical forecasting, ER (TV series) | Grant |
Application Date | 4/4/2022 |
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Grant Date | 8/20/2024 |
Title | |
Related Topics | Numerical climate and weather models, Climate modeling, Knowledge representation, Statistical forecasting, ER (TV series) |
Status | Grant |
Latest Uptake News
Aug 27, 2024
News provided by Share this article Uptake will help drive Lynden's success with its predictive fleet maintenance software and expertise CHICAGO, Aug. 27, 2024 /PRNewswire/ -- Leading data analytics provider Uptake is excited to announce a new collaboration with Lynden Transport, a full-service transportation and logistics provider. Uptake's software empowers fleets and industrial machines with the information needed to make better, more strategic maintenance decisions. This collaboration leverages Uptake's Samsara TSP connector to optimize Lynden's fleet performance and reduce operational costs. Lynden has been utilizing Uptake's Samsara TSP connector for the past several months, and the results have been overwhelmingly positive. The integration enables Lynden to customize its equipment maintenance services, ensuring fleet operations are more efficient and reliable. "We are thrilled to partner with Lynden, a well-established name in the transportation industry," said Cam McGill, Senior Diagnostic Technician at Uptake. "Our Samsara TSP connector offers a stable and reliable data connection, helping us provide timely and accurate insights that drive significant improvements in fleet maintenance." Key Benefits of the Integration Uptake's Samsara TSP connector integrates with Lynden's fleet management system. This powerful combination enables: Reduced Downtime: By providing real-time, actionable insights, the integration helps prevent unexpected breakdowns. Extended Asset Lifespan: Predictive maintenance strategies ensure vehicles are serviced before issues become critical, prolonging their lifespan. Improved Safety: Proactive monitoring and timely interventions enhance overall fleet safety. Cost Savings: Efficient maintenance practices reduce unnecessary expenses and optimize resource allocation. Enhanced Operational Efficiency: Streamlined processes and reduced administrative tasks allow for smoother operations. Lynden has experienced significant improvements in its fleet maintenance and operational efficiency since implementing Uptake's technology. "Our trucks are on the road for long periods, and Uptake's solutions help us thoroughly address issues during planned downtimes rather than dealing with roadside breakdowns," said Charlie Mottern, Lynden Transport's Director of Maintenance. Aaron Howell, Director of Sales at Uptake, added, "This partnership is a testament to Lynden's commitment to leveraging advanced technology for operational excellence. We are excited to be a part of the company's growth and efficiency strategy." Technical Insights The Samsara TSP connector provides a stable data connection, allowing Uptake to backfill six months' worth of historical data, which is crucial for generating accurate predictive insights. This capability sets Uptake apart from competitors by ensuring data cleanliness and reducing data overload. "We distill hundreds of alerts into actionable insights, helping fleets avoid unnecessary maintenance," explained McGill. Ongoing Collaboration Looking ahead, Uptake and Lynden plan to enhance their integration, with potential updates and new features on the horizon. "Lynden continually strives to improve, and we are excited to be part of their growth strategy and efficiency plans," said Howell. "This ongoing collaboration aims to streamline fleet operations further and drive greater efficiency." Fleet operators and industry stakeholders are encouraged to learn more about Uptake's innovative solutions. For more information or to request a demo, please click here . 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 over 60 patents worldwide, 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. About Lynden Transport: Lynden Transport is part of the Lynden family of companies. Lynden provides transportation and logistics solutions in Alaska, Canada, the Pacific Northwest, Hawaii and around the world. Extensive multi-modal capabilities allow customers to optimize time and money by shipping via air, land or sea, or in any combination. For more than a century, Lynden has been helping customers get the job done. COMPANY CONTACTS
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, GreatPoint Ventures, Revolution, Plug and Play Milan, Valor Equity Partners and 6 more.
Who are Uptake's competitors?
Competitors of Uptake include SparkCognition, Coddi, Stimio, Fero Labs, Flutura and 7 more.
What products does Uptake offer?
Uptake's products include Uptake Fusion and 4 more.
Who are Uptake's customers?
Customers of Uptake include PepsiCo, Ensign Drilling and APS/Palo Verde Nuclear Generating Station.
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Compare Uptake to Competitors
SparkCognition specializes in artificial intelligence (AI) solutions across various sectors including energy, manufacturing, government, education, and retail. The company offers products and services that enable predictive maintenance, fraud detection, and cybersecurity, with a focus on preventing zero-day attacks. SparkCognition's AI technology is designed to analyze and optimize data, augment human intelligence, and enhance operational efficiency. It was founded in 2013 and is based in Austin, Texas.
Cognite is a global leader in industrial Software-as-a-Service (SaaS), specializing in digitalizing the industrial world. The company's main offering is Cognite Data Fusion (CDF), a software product that contextualizes operational technology (OT) and information technology (IT) data to develop scalable solutions for asset-intensive industries. Cognite primarily serves sectors such as oil and gas, power and utilities, renewable energy, and manufacturing, providing technologies that facilitate sustainable and efficient operations. It was founded in 2016 and is based in Lysaker, Norway.
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.
DINGO is a global leader in Predictive Maintenance, providing software solutions for the Mining and Defence industries. The company offers enterprise-level software that predicts and prevents equipment failures, optimizes asset health, and aims to reduce maintenance costs while increasing production safety and efficiency. DINGO's software is used to manage the health of over $13.5 billion worth of heavy equipment, helping to save maintenance and replacement costs. It was founded in 1991 and is based in Wilston, Queensland.
AccuPredict specializes in predictive maintenance within various industry sectors, focusing on preventing equipment failure and enhancing operational efficiency. The company offers services that include continuous remote monitoring of equipment vibrations, analysis of data trends, and providing actionable insights to prevent unplanned downtime. AccuPredict primarily serves sectors such as engineering, power generation, chemical processing, shipping, and wind power. It was founded in 2021 and is based in Singapore, Singapore.
UptimeAI focuses on artificial intelligence-based plant monitoring in the process industries sector. The company offers artificial intelligence software to predict and mitigate equipment failures and performance loss in plant operations. UptimeAI primarily serves power generation, oil and gas, chemicals, metals, food and beverage, renewables, aerospace, and automotive sectors. It was founded in 2019 and is based in South San Francisco, California.
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