Upwell

Accounts receivable automation for logistics — get paid faster.

San Francisco, United States · Founded 2016 · $100.0M raised

Employees
11–50
Founded
2016
Business Model
B2B
Total Funding
$100.0M
Last Round
$100.0M SeedJul 2020
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Upwell is an AI-powered accounts receivable automation platform built specifically for logistics companies — freight brokers, carriers, factoring firms, and freight audit and pay organizations. The platform automates the full order-to-cash cycle including AP portal submissions, pre-invoice auditing against shipper rules, document intelligence for BOLs and PODs, invoicing, AR collections, and remittance processing. Upwell integrates natively with leading TMS platforms (McLeod, Turvo, TMW), accounting systems (QuickBooks, NetSuite, SAP), and freight audit networks, enabling logistics finance teams to scale without adding headcount.

Summary

Upwell is a Supply Chain company based in San Francisco, United States, founded in 2016. It has raised $100.0M in total across 1 round, most recently a $100.0M Seed round in Jul 2020. Investors include Crestview Partners and 2040 Foundation.

Tech & App Stack

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Funding History

SeedSeries SeedJul 2020
$100.0M

Investors

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