1up, a New York-based AI knowledge automation platform, has raised $5.25 million in seed funding.
Investors
The round was led by Upfront Ventures, with participation from Lightbank, 8-Bit Capital, RRE Ventures, and others. This brings 1up’s total funding raised to over $8 million.
Upfront Ventures is a Santa Monica-based venture capital firm that invests in early-stage technology companies. Founded in 1996 in Los Angeles, Upfront has backed teams across all technology sectors. The firm invests about half of its capital in the fast-growing Southern California ecosystem, as well as in Europe, India, and Israel.
1up Use of Funds
The new capital will help 1up expand its customer base and accelerate its sales and marketing efforts.
About 1up
1up provides an AI-powered knowledge management platform designed to help sales teams access accurate product information quickly and automate time-consuming tasks, such as responding to customer queries and filling out RFPs (Requests for Proposals). 1up is trusted by industry leaders such as WalkMe, Gladly, Deliveroo, and many others across the globe.
Funding Details
Company: 1up Corp.
Raised: $5.25M
Round: Seed Round
Funding Date: January 2025
Lead Investor: Upfront Ventures
Additional Investors: Lightbank, 8-Bit Capital, RRE Ventures
Company Website: https://1up.ai/
Software Category: AI Knowledge Management
Source: https://www.prweb.com/releases/1up-raises-5-25m-seed-round-to-automate-knowledge-for-sales-teams-302357313.html