Uptake Technologies

What Uptake Technologies does

Uptake Technologies is a Chicago-based enterprise AI software company that builds predictive maintenance and asset performance analytics platforms for industrial fleets, energy assets, defense vehicles, mining equipment, and heavy-equipment dealerships. The company's core product, Uptake Fleet, combines AI/ML models with deep domain knowledge to predict equipment failures before they occur, drawing on more than 1.2 billion hours of operating data across eight industrial sectors. The platform is delivered as a subscription-based SaaS offering with feature modules including Sensor Analytics, Risk Explorer, Remote Diagnostics, Warranty, Mixed Fleet Data Hub, Fleet Insight Dashboards, Tire Insights, and AI-Enabled Dynamic Maintenance, plus a defense-focused Uptake Federal product line and custom AI software services.

Uptake monetizes through annual enterprise subscriptions sold primarily via direct field sales to fleet operators, government/defense agencies, and heavy-industry customers, with quote-based pricing that is not publicly disclosed. Distribution is augmented by a partner ecosystem of premier telematics connectors (Geotab, Samsara, Platform Science, Daimler, Trimble, Cal/Amp, Intellishift), AWS Marketplace listing, and channel partners such as Wipro (mining) and PositiveEdge (India). The company holds ISO 27001 and SOC 2 Type II certifications, supports offices in Chicago, Silicon Valley, Toronto, and Dubai, and is being acquired by Bosch (announced March 2026) to integrate its predictive maintenance capabilities into Bosch's Connectivity Hub telematics and FleetME mobility services portfolio.

Founded in 2014 by Groupon co-founder Brad Keywell, Uptake scaled rapidly to unicorn status in 2015 and reached a $2.3 billion valuation following a $117 million Series D led by Baillie Gifford in November 2017. The company subsequently underwent leadership transitions (Kayne Grau as CEO from 2021, Adam McElhinney as CEO from 2024), made acquisitions including ShookIOT (2021) and merged with Texada Software (2023), and contracted headcount materially from its 2017 peak. The pending Bosch acquisition marks Uptake's transition from independent venture-backed enterprise software company to a strategic asset within a global mobility services organization.

Name

Uptake Technologies

Legal name

Uptake Technologies, Inc.

Website

https://uptake.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

101–250 employees

Short description

Uptake Technologies is a Chicago-based enterprise AI software company that provides predictive maintenance and asset performance analytics for commercial fleets, defense, energy, mining, and equipment dealers via its Uptake Fleet SaaS platform, built on more than 1.2 billion hours of operating data.

Ownership category

akta.pro rank

Product category

Industrial AI Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Fleet, Asset Tracking & Telematics Location Platforms (BPAMANAF)

akta.pro secondary industry

Data Integration, APIs & Telematics Data Platforms (TLABAJAM)

Keywords

• Predictive maintenance software
• Fleet management AI
• Asset performance management
• Industrial AI platform
• Telematics analytics

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Subscription: Uptake operates as a SaaS (Software as a Service) company offering predictive analytics software on a subscription basis. Customers access the platform via cloud-based deployment with connectivity to major fleet telematics systems.
2. Software Products: Offers end-to-end intelligent workflow solutions for equipment dealers encompassing CRM, sales, equipment solutions, and service management.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Uptake Technologies develops and sells an industrial AI software platform that applies machine learning to commercial fleet and heavy-asset telemetry to predict failures, optimize maintenance, and improve asset uptime. The platform ingests telematics, sensor, and operational data from mixed-fleet equipment and delivers predictive maintenance, tire analytics, remote diagnostics, warranty insights, and shop-floor optimization as subscription SaaS applications to fleet operators, defense agencies, mining, energy firms, and OEMs/dealers.

Product overview

Uptake Technologies offers a unified predictive maintenance platform primarily branded as Uptake Fleet, with specialized modules for sensor analytics, risk management, remote diagnostics, tire monitoring, and warranty optimization. The platform architecture includes a Mixed Fleet Data Hub for multi-brand data aggregation, Fleet Insight Dashboards for visualization, and Risk Explorer for prioritization. AI-Enabled Dynamic Maintenance represents the core AI capability, processing telematics data to predict failures before they occur. The company also offers Uptake Federal for defense applications and custom software development services.

Differentiator

Problem solved

Functional benefit

Products and services

• Uptake Fleet AI-powered predictive maintenance software for commercial vehicle fleets, designed for trucking, bus, and construction fleet operators to reduce unplanned downtime and optimize maintenance.
• AI-Enabled Dynamic Maintenance Machine-learning application that dynamically predicts component failures and prescribes maintenance actions for commercial and industrial assets.
• Tire Insights Analytics application that predicts tire wear, failure, and replacement timing for commercial vehicles to lower tire-related costs and downtime.
• Sensor Analytics Software that ingests and analyzes high-frequency sensor data to surface anomalies and condition-based maintenance insights on industrial equipment.
• Risk Explorer Risk-modeling application that scores asset-level failure risk to prioritize maintenance and capital decisions across fleets.
• Remote Diagnostics Tool that enables technicians to remotely troubleshoot equipment faults using telemetry and diagnostic data from connected assets.
• Warranty Warranty analytics and recovery product that identifies recoverable warranty events across assets to recapture value for fleet owners and dealers.
• Mixed Fleet Data Hub Data platform that ingests, normalizes, and unifies telematics and operational data across multiple OEMs to enable fleet-wide analytics on mixed equipment.
• Fleet Insight Dashboards Operational dashboards that visualize fleet health, maintenance KPIs, and asset utilization for fleet managers and operations leaders.
• Maintenance Value Optimization Shop-floor optimization application that uses AI to prioritize maintenance work, balance technician capacity, and maximize maintenance ROI.
• Uptake Federal Defense-focused product line that delivers AI-enabled predictive maintenance, condition monitoring, and readiness insights to U.S. federal and defense fleet operators.
• Custom Fleet Software Custom-built fleet analytics and AI solutions tailored to enterprise customer requirements on top of the uptake platform.

Quantifiable outcome

• Up to 40% reduction in unplanned downtime with predictive maintenance
• +5 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability4 records

Feature9 records

Partnerships

Eleven partnerships are on record, tiered core, customer-partner, premier, minor and regional.

• BoschcoreStrategic or Co-development Partner · 19 March 2026Bosch announced planned acquisition of Uptake Technologies in March 2026. Uptake's 10-year expertise in AI-powered predictive maintenance will be integrated into Bosch's Connectivity Hub vehicle telematics and FleetME ecosystem, creating end-to-end fleet solutions. Upon closing, Uptake associates will be integrated into Bosch to accelerate predictive maintenance capabilities.
• Lynden Transportcustomer-partnerStrategic or Co-development Partner · 27 August 2024Collaboration providing predictive fleet maintenance software leveraging Samsara TSP connector. Integration delivered measurable benefits including reduced downtime, extended asset lifespan, improved safety, and cost savings.
• Platform SciencepremierTechnology or Integration · 27 July 2023Partnership to bring predictive maintenance to U.S. fleets via Platform Science's Virtual Vehicle platform. Integration enables fleets to access Uptake's AI-powered insights through Platform Science's marketplace of 50+ fleet management offerings.
• Daimler Truck North AmericacoreStrategic or Co-development Partner · 16 February 2023Data-as-a-Service partnership where Daimler Truck provides data access enabling Uptake to enhance predictive maintenance technology. Represents strategic collaboration for next-generation fleet management solutions.
• Amazon Web Services (AWS)premierTechnology or Integration · 26 July 2022Deepened collaboration with AWS with offerings added to AWS Marketplace. Strategic cloud partnership for platform deployment and accessibility.
• TrimblecoreTechnology or Integration · 13 September 2021Partnership to power predictive fleet maintenance workflows through Trimble's fleet management solutions. Joint go-to-market efforts targeting commercial fleet operators.
• J.D. PowerminorStrategic or Co-development Partner · 9 April 2021Joint development of analytics products for automotive industry. Collaboration combines J.D. Power's automotive expertise with Uptake's AI capabilities.
• WiprocoreStrategic or Co-development Partner · 26 February 2021Partnership to equip mining operators with greater industrial intelligence. Wipro's consulting and implementation capabilities combined with Uptake's AI analytics for mining fleet optimization.
• PositiveEdgeregionalChannel Partner/ Reseller/ Distributor · 25 August 2020Partnership to offer predictive analytics to India's heavy industry market. PositiveEdge serves as channel partner for distribution in India region.
• Rolls-RoycecoreStrategic or Co-development Partner · 4 December 2018Rolls-Royce selected Uptake's industrial AI software to maximize availability of its Trent engine fleet in civil aerospace. Partnership leverages Uptake's predictive analytics for engine maintenance optimization.
• GeotabpremierTechnology or Integration · 25 October 2018Strategic partnership combining Geotab's hardware and sensor data with Uptake's AI software. Geotab devices transmit data from approximately 100 different truck sensors into the cloud, which Uptake analyzes to deliver predictive insights. Premier connector status with dedicated booth presence at ATA MCE.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Samsara: Samsara is a leading IoT/fleet telematics platform and one of Uptake's Premier connector partners. Both serve commercial fleet operators with sensor-driven insights, and Samsara is increasingly adding native predictive maintenance capabilities that overlap with Uptake Fleet.
• Geotab: Geotab is a dominant fleet telematics provider and another Premier connector partner of Uptake. Both ingest sensor data from ~100 truck sensors and serve commercial fleets; Geotab's MyGeotab platform is adding AI-driven analytics in the same category as Uptake Fleet.
• Platform Science: Platform Science operates an open Virtual Vehicle platform for telematics and fleet apps. Uptake is a Premier connector on its marketplace; both target U.S. commercial fleets with integrated vehicle data and analytics solutions.
• C3.ai: C3.ai is an enterprise AI software provider that, like Uptake, builds pre-trained AI applications for industrial use cases including predictive maintenance, asset performance, and fleet operations across multiple verticals.
• SparkCognition: SparkCognition is an industrial AI company applying machine learning to predictive maintenance, asset reliability, and anomaly detection across energy, manufacturing, and transportation — a directly comparable AI-for-industrial-assets positioning to Uptake.
• Trimble Transportation: Trimble is a Premier connector partner of Uptake and a major fleet management software provider. Both target commercial fleet operators with telematics-driven maintenance workflows and predictive analytics.
• Augury: Augury applies AI and vibration/temperature sensing to predict failures for industrial assets and rotating equipment. It competes with Uptake in the industrial-AI-predictive-maintenance category, though with a stronger manufacturing-asset tilt.
• CalAmp: CalAmp (now part of the Fleet Manager / LoJack ecosystem) is a Premier connector partner of Uptake, providing telematics hardware and software to commercial fleets and offering overlapping predictive-maintenance analytics.

Broad incumbents

• Verizon Connect: Verizon Connect is a broad fleet management and telematics incumbent serving fleets of all sizes with GPS tracking, dashboards, and increasingly AI-driven maintenance features. It overlaps with Uptake's fleet segment as part of a wider portfolio.

Emerging players

• Fiix (Rockwell Automation): Fiix is a cloud-based maintenance management platform (CMMS) acquired by Rockwell Automation. It competes with Uptake's Maintenance Value Optimization and warranty modules for fleet/industrial maintenance workflows, though from a CMMS-led starting point rather than AI-led.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/uptake
• YouTubeyoutube.com/channel/UCn312Qjz_J_WxY6BHN1y-1g/featured
• LinkedInlinkedin.com/company/uptake
• Instagraminstagram.com/theuptakers
• Facebookfacebook.com/uptake

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds5 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Uptake Technologies