The fast-growing global pool of highly qualified, vetted software developers

Security Type
Common Stock
Technology, Financial Services
Min Investment
Las Vegas, NV
Offering Date
June 23, 2021
Expected Close Date
April 01, 2022
Target Raise
Security Price

Company Description

Upstack provides an all-in-one remote talent solution for fast-growing companies. This innovative platform boasts 340% growth from 2018 to 2020, a 37% Gross Profit Margin, and helps companies easily hire, retain and motivate remote software talent to build successful products.

Key Deal Facts

Bootstrapped company: from zero at founding in 2017, to $6.9M revenue in 2020.
Clients include Intercom, MealPal, IKEA, Taskrabbit, Juul, and Invision.
37% Gross Profit Margin.
340% revenue growth from 2018 to 2020.
Helped MealPal build their tech team and raise $35M.
Crossroads of 4 massive markets: Recruiters, job boards, freelance platforms and Dev Shops/Outsourcing.
Perfect time: COVID-19 has companies going (and staying) remote—Upstack is fully remote & distributed globally.
Successfully moved upstream to enterprise & Fortune 500 companies, & robust plans to continue this trajectory.

Use of Proceeds

  • Huge Increase in paid ads.
  • Build out SEO and content.
  • Focus on Enterprise Sales.
  • Build out partner/referral program.
  • Build out developer community further.

Management Team / Advisory Board Bios

Yossi Mlynsky, Founder & CEO
Software + Product background at Macquarie Bank and Monster. Passionate about building great software products that delight users and change the world.

Robert Bojor, CTO
Leads Upstack’s engineering team. 20+ years in engineering and a strong passion for learning new technologies and implementing them in Upstack’s internal tools.

George Cretu
Previous serial startup co-founder and current builder of Upstack’s talent, matching, and client success teams from the ground up. In charge of Happiness, HR and Cultural Diversity.
Amount Raised : $430,277
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Security Description

Common stock is a security that represents ownership in a corporation.

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