Financials

Estimates*

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Revenues, earnings & profits over time
USD2019202020212022202320242025
Revenues223m292m302m317m298m275m269m
% growth49 %31 %4 %5 %(6 %)(8 %)(2 %)
EBITDA46.7m50.3m39.2m49.2m40.1m54.7m56.1m
% EBITDA margin21 %17 %13 %16 %13 %20 %21 %
Profit(45.4m)(51.2m)(58.2m)(68.4m)(180m)(102m)(39.5m)
% profit margin(20 %)(18 %)(19 %)(22 %)(60 %)(37 %)(15 %)
EV / revenue5.6x5.7x2.9x1.6x1.3x0.2x0.2x
EV / EBITDA26.8x32.9x22.4x10.0x9.3x1.1x1.1x
R&D budget29.4m39.0m42.7m46.2m49.4m--
R&D % of revenue13 %13 %14 %15 %17 %--

Source: Dealroom estimates

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DateInvestorsAmountRound
-

N/A

-

$750k

Seed

$11.6m

Early VC

$2.5m

Valuation: $58.0m

Series A

$10.4m

Series B

$5.5m

Series B
N/A

$1.5m

Series B

$15.0m

Growth Equity VC
N/A

$46.0m

Valuation: $154m

IPO

$35.0m

-
N/A

$1.0m

Seed

$90.0m

Post IPO Debt
N/A

$190m

Post IPO Debt
*

$115m

Post IPO Equity
Total Funding$83.2m

Recent News about Upland Software

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More about Upland Softwareinfo icon
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Upland Software is a prominent provider of enterprise software solutions designed to enhance the efficiency and effectiveness of sales, marketing, and IT teams. Operating in the enterprise software market, Upland serves a diverse range of clients, including large corporations and organizations across various industries. The company's business model revolves around offering a suite of software products that help businesses engage with customers, manage projects, control costs, and automate workflows. Upland generates revenue through a subscription-based model, where clients pay for access to its software solutions on a recurring basis. The company also provides additional services such as implementation, training, and support to ensure clients can fully leverage its products. Upland's solutions are trusted by over 10,000 companies worldwide, highlighting its reliability and effectiveness in delivering real results. Key features of Upland's offerings include top-down visibility, configurable collaboration tools, customer data platform (CDP) capabilities, and omnichannel orchestration to boost customer engagement. The company is headquartered in Austin, Texas, and continues to expand its product portfolio through strategic acquisitions.

Keywords: enterprise software, customer engagement, project management, cost control, automation, sales, marketing, IT teams, subscription model, strategic acquisitions.

Tech stack

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Investments analysisEdit

Investments by Upland Software

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Tenrox by Upland
ACQUISITION by Upland Software Feb 2012
RO|Innovation
ACQUISITION by Upland Software Jun 2018
Panviva
ACQUISITION by Upland Software Jun 2021
Upland Qvidian
ACQUISITION by Upland Software Nov 2017
Omtool, Ltd
ACQUISITION by Upland Software Jan 2017
Second Street
ACQUISITION by Upland Software Jan 2021
InterFAX
ACQUISITION by Upland Software Mar 2018
ComSci
ACQUISITION by Upland Software Nov 2013
RightAnswers
ACQUISITION by Upland Software Apr 2017
View 11 more