Upword raised $3M in a Pre-Seed funding round led by Telefonica (Wayra X), Go Ahead Ventures, and Goodwater Capital to develop new product and expand into additional markets.
Jun 25, 2024•over 1 year ago
Amount Raised
$3 Million
Round Type
seed
Investors
Goodwater CapitalGo Ahead VenturesTelefonica (Wayra X)
Description
Upword, an emerging knowledge management solutions provider based in Santa Monica, CA, raised $3M in a Pre-Seed funding round. The company intends to use the funds for further development of the new product as well as expansion into additional markets.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers