Upchain

Upchain is a groundbreaking startup focusing on empowering seamless collaboration and secure accessibility in product lifecycle and data management across the supply chain. Founded in 2015, Upchain offers cloud-based product lifecycle management (PLM) and product data management (PDM) solutions that can be activated instantly. The company's slogan aptly conveys its mission. Traditional PLM solutions have often catered to large multinational corporations, neglecting the needs of smaller suppliers. Upchain saw an opportunity to close this gap by redefining Product Lifecycle Management for users across the supply chain. The company envisioned a fully interconnected supply chain, where seamless collaboration and secure, accessible mission-critical data are the norms. They aim to simplify the process significantly, making it easier for everyone involved. In February 2018, Upchain secured a significant $7.40M Series A investment. The investors included BDC Capital, First Ascent Ventures, and Toronto Innovation Acceleration Partners. This investment reflects the recognition and support of Upchain's innovative solutions in the Enterprise Software industry. The company's commitment to revolutionizing supply chain collaboration and data management positions it as a promising player in this space, attracting attention from venture capitalists.