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Upside

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Develops a retail technology that enables users to earn cashback and businesses to earn profit

Washington DC, United StatesFounded 2016Fintech
Valuation $1–2.5B Last recorded · 2022
Revenue $100–500M Latest reported FY
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Upside and the history behind them.

About Upside

Upside is a dynamic startup that operates in the retail and consumer goods market, offering a unique cash-back app designed to make everyday purchases more rewarding for consumers. The company serves a wide range of clients, including individuals who frequently shop for gas, groceries, and food. By using the Upside app, users can claim cash-back offers at nearby locations, shop as usual, and earn money back on their purchases. This model not only benefits consumers by increasing their purchasing power but also helps retailers boost their profits without altering their existing operations.

Upside's business model is centered around a win-win approach: consumers get cash back on necessary purchases, while retailers see increased sales and customer loyalty. The company makes money through partnerships with retailers and brands, who pay Upside a commission for driving traffic and sales to their stores. This commission is then shared with the app users in the form of cash-back rewards.

The company is committed to data protection, ensuring users feel confident about their privacy and security when using the app. Additionally, Upside is dedicated to environmental sustainability, investing in projects that offset carbon emissions generated by fuel purchases made through the app.

Upside's mission is to create a new economic model that levels the playing field in brick-and-mortar commerce, empowering both consumers and retailers. The company prides itself on its values-driven approach, fostering a diverse and inclusive workplace that reflects the communities it serves.

Source: Dealroom company data

At a glance

Founded
2016
Headquarters
Washington DC, United States
Sector
Fintech
Power Law
Unicorn$1–10B valuation tier

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

  • DCVC
  • Builders VC
  • Bienville Capital

Series B and later2 investors entered at this stage

Employees mapped 420 incl. 8 AI specialists
Founders Hidden — book a demo/100 quality score
Key operators 27 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
7 countries with
team presence
🇺🇸 United States93.7%
🇵🇭 Philippines2.4%
🇺🇦 Ukraine1.6%
🇧🇷 Brazil0.8%
🇪🇸 Spain0.4%
Top 5 of 7 shown
Web traffic by country
550K monthly visits
across markets
🇺🇸 United States92.3%
🇦🇪 United Arab Emirates2.9%
🇨🇦 Canada1.4%
🇬🇧 United Kingdom0.9%
🇳🇬 Nigeria0.6%
Top 5 markets shown

Patents

Estimated portfolio value
$1M

2 active patent families included in this estimate.

A patent family groups patent filings for the same invention. Source: Dealroom · PatSnap.

Explore the patent portfolioPatent records, technology areas and peer comparisonsBook a demo

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Upside on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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