Tech Company Financing Transactions
UpSmith Funding Round
UpSmith, based in Dallas, secured $5 million from Hannah Grey, Andreessen Horowitz and Asymmetric Capital Partners.
Transaction Overview
Company Name
Announced On
1/24/2024
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
MarTech
Mailing Address
750 N Saint Paul St
Dallas, TX 75201
USA
Dallas, TX 75201
USA
Phone
Website
Email Address
Overview
UpSmith is a technology venture on a mission to solve America's skilled labor crisis. Employers are struggling to find skilled talent. As of August 2022, 1.2 million openings existed across U.S. construction and manufacturing sectors, and Deloitte predicts a shortage of more than 2 million American manufacturing workers by 2030.
Management Team
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