U
Upstream
People launch daos, or decentralized autonomous organizations
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| MERGER✓Other financing | Jan 2024 | $0 | — | Truth Arts | — |
| SERIES A✓Equity / VC | Mar 2022 | $13M | $50M | Tiger Global · Human Ventures · Blumberg Capital · Fenbushi Capital | ↗ |
Growth signals
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.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
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- NPNicole Priel
Series A8 investors entered at this stage
Tiger Global
Blumberg Capital
Fenbushi Capital
Alpaca VC
The Medici Group
BIP Ventures
Vayner/RSE
Panoramic Ventures
Other known investors8 additional known investors
Truth Arts
Flamingo Capital
Interplay- KFKara Forgia
Redbeard Ventures
Swish Goswami
Talent Resources Ventures
Tom Vorisek
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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