Upstream

company

About

Upstream is a mobile marketing technology company that focuses on accelerating mobile commerce in high-growth markets.

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
€14M
Industries
App Marketing,Digital Marketing,E-Commerce,Mobile,Mobile Apps,Mobile Payments
Founded date
Jan 1, 2001
Number Of Employee
251 - 500
Operating Status
Active
Legal Name
Upstream S.A.

Upstream is accelerating mobile commerce in high-growth markets. Their software and infrastructure platform already enables 1.2 billion people to effortlessly receive and pay for the most relevant and affordable digital subscription services on their mobile devices.

They reach more than one billion consumers in high-growth markets, through their marketing and billing integration with more than 50 mobile operators in 43 markets across Latin America, Africa, the Middle East, CIS, and South East Asia. They select high-value digital services, adapt them to local market specificities, market them through digital and operator channels and monetize them through their direct carrier billing capabilities.

To date, Upstream has engaged half a billion consumers over mobile and converted 65 million of them into paying customers, typically through a subscription micro-payment model.

They offer truly global coverage with offices in Rio de Janeiro, Sao Paulo, Lagos, Johannesburg, London, Milan, Bucharest, Greece, Dubai, and Malaysia.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
€63M
Upstream has raised a total of €63M in funding over 2 rounds. Their latest funding was raised on Dec 19, 2022 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 19, 2022 Debt Financing €14M 1 National Bank of Greece Detail
Feb 15, 2017 Series Unknown €25M 2 European Investment Bank Detail
Feb 10, 2017 Debt Financing €13M 1 HSBC Detail
Apr 17, 2014 Private Equity(PE) 2 Detail
May 27, 2009 Series Unknown €11M 1 TLcom Capital Partners Detail

Investments

Number of Investments
Number of Lead Investments
3
1
Upstream has made 3 investments. Their most recent investment was on Sep 25, 2017, when MindMaze raised 0.
Date Company Name
Round Money Raised Industry Lead Investor
Sep 25, 2017 MindMaze
Funding Round Health Care Yes
Jun 22, 2015 Casper
Series B $55M E-Commerce
Nov 18, 2014 Cue
Series A $7.50M Health Care

Investors

Number of Lead Investors
Number of Investors
4
7
Upstream is funded by 7 investors. National Bank of Greece and European Investment Bank are the most recent investors.
Investor Name Lead Investor Funding Round
National Bank of Greece Yes Debt Financing
European Investment Bank Yes Series Unknown
HSBC Yes Debt Financing
TLcom Capital Partners Yes Series Unknown
HSBC Bank Series Unknown
Actis Private Equity(PE)
Barclays Corporate Banking Private Equity(PE)

Employee Profiles

Number of Employee Profiles
17
Upstream has 17 current employee profiles, including Board member Paul Donovan
Board member
Executive
Executive
Board member