Upstream Raises $12.5M Series A And Launches No-Code Dao Platform To The Public
03/09/22, 4:37 PM
Money raised
$12.5 million
Round Type
series a
Upstream, the no-code platform where anyone can start and run their own DAO, has raised $12.5 million in Series A funding led by existing investor boldstart ventures with participation from existing investor Ibex Investors and new investors including Tiger Global, Vayner Fund, Fenbushi Capital, Panoramic Ventures, Alpaca VC, Human Ventures, Blumberg Capital, The Medici Group, and more. The new funding, which brings Upstream to a total of $15.75 million raised, will go toward scaling their all-in-one DAO platform, Upstream Collectives, officially opening up to the public today.
Company Info
Additional Info
”Aside from scaling its security operations further, Upstream also intends to use the fresh funds to expand its offerings in data analytics, insurance telematics, predictive analytics and business intelligence, the company said. The company currently has close to four million connected vehicles from six different OEMs on its platform across the United States, Europe and Japan, said Levy.