Upshift is a disruptive transportation startup that offers urban EV car subscriptions as a smart alternative to car ownership. Their slogan, "Peace of mind, without owning a car," perfectly encapsulates their value proposition. With transparent monthly plans covering insurance, maintenance, and roadside assistance, the company aims to save customers both time and money. Upshift’s approach involves delivering a new, clean hybrid or EV to the customer's door whenever they need a car, and then handling the parking and storage upon return. This innovative concept, founded in 2012, is currently available in San Francisco and has plans to expand to NYC. Their recent $150.00K Seed Round investment, secured on 06 March 2024, was led by 500 Startups. With its focus on sustainability and convenience, Upshift is a promising player in the growing urban mobility market.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Seed Round | $150.00K | 1 | 06 Mar 2024 | |
Seed Round | $670.00K | 2 | Dave Kashen | 30 Dec 2023 |
Equity Crowdfunding | $721.88K | 4 | Kevin Harrington, Erhan Bilici +1 | 23 Jan 2021 |
Debt Financing | $400.00K | 1 | Westlake Financial Services | 15 Jan 2021 |
Debt Financing | $250.00K | 1 | Toyota Financial Services | 05 Jul 2020 |
No recent news or press coverage available for Upshift.