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Upstream

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People launch daos, or decentralized autonomous organizations

New York City, United StatesFounded 2019Event Tech
Valuation $50–100M Last recorded · 2022
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Upstream and the history behind them.

About Upstream

UpstreamApp is a startup that operates in the blockchain technology sector, specifically focusing on the creation and management of Decentralized Autonomous Organizations (DAOs). DAOs are essentially online, digital entities that operate through the implementation of pre-coded rules. They are run by a group of people who make decisions based on a majority vote system. UpstreamApp provides a no-code, full-stack platform that simplifies the process of launching a DAO, making it accessible even to those without technical experience.

The company's platform offers a complete suite of DAO tools, including features for voting, chat, events, proposals, governance, and treasury management. This allows users to bring together money, NFTs (Non-Fungible Tokens), and other web3 tokens in a shared wallet. Every member of a DAO can create, discuss, and vote on proposals, with a majority vote and quorum needed for decisions to be executed.

UpstreamApp's primary clients are individuals or groups interested in creating and managing a DAO. The company operates in the rapidly growing blockchain technology market, which is seeing increasing interest in DAOs as a new form of organization and governance.

The business model of UpstreamApp is likely based on a subscription or usage-based fee, where clients pay for access to the platform and its suite of tools. This revenue model aligns with the company's goal of making DAO creation and management simple and accessible.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
New York City, United States
Employees
29
Open positions
None listed
Dealroom signal
59.9/100
Industry
Event Tech
Sector
Event Tech, DAO, No-Code and Low-Code Software, Crypto and Web3
Business model
SaaS
Client focus
b2b
Investment activity
1 company, latest Jan 2024
Capital deployed
—
Preferred round
MERGER
Links
Website

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
MERGER✓Other financing Jan 2024 $0 — Truth Arts —
SERIES A✓Equity / VC Mar 2022 $13M $50M Tiger Global · Human Ventures · Blumberg Capital · Fenbushi Capital ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

Upstream website traffic

Latest recorded traffic for Upstream is 2.8K monthly website visits, down 9.7% over the last three months. Upstream's team declined 12.1% over the past year.

Latest monthly visits2.8K 3-month web change-9.7% 1-year team growth-12.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

28 investors on the cap table

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

Seed12 investors entered at this stage

  • New York Venture Partners
  • Human Ventures
  • Basement Fund
  • 8-Bit Capital
  • Soma Capital
  • Converge
  • Boldstart Ventures
  • Joyance Partners
  • Rainfall Ventures
  • Ibex Investors
  • Converge Venture Partners
  • Nicole Priel

Series A8 investors entered at this stage

Other known investors8 additional known investors

  • Truth Arts
  • Flamingo Capital
  • Interplay
  • Kara Forgia
  • Redbeard Ventures
  • Swish Goswami
  • Talent Resources Ventures
  • Tom Vorisek
Team profiled 13 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 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
4 countries with
team presence
🇺🇸 United States63.6%
🇬🇧 United Kingdom9.1%
🇮🇱 Israel9.1%
🇷🇸 Serbia9.1%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Upstream 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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