Upstream Security

The first cybersecurity platform for connected and autonomous vehicles.

Launch date

Feb 2017

Employees

Market cap

Enterprise valuation

Company register number 515630713

Herzliya Tel Aviv District (HQ & founding location)

Revenues, earnings & profits over time

USD	2019	2020	2021	2022	2023
Revenues	3.0m	4.6m	9.4m	28.2m	33.0m
% growth	-	53 %	104 %	201 %	17 %

Date	Investors	Amount	Round
-	Hyundai AutoEver Telematics America Volvo Group Capsula Smart Mobility Renault Group Renault-Nissan-Mitsubishi Alliance	N/A	-
May 2017	Danny Hadar	N/A	Seed
Jun 2017*	Glilot Capital Partners	$2.0m	Seed
Dec 2017	Charles River Ventures Glilot Capital Partners Maniv Mobility	$9.0m	Series A
Oct 2019	Charles River Ventures Glilot Capital Partners Volvo Group Venture Capital Hyundai Motor Company Maniv Mobility Nationwide Insurance Alliance Ventures	$30.0m	Series B
Jun 2020	Salesforce Ventures	N/A	Series B
May 2021	Mitsui Sumitomo Insurance Company I.D.I. Insurance Company	$38.5m	Series C
Aug 2021	Glilot Capital Partners Volvo Group Venture Capital Salesforce Ventures Maniv Mobility Nationwide Alliance Ventures 57 Stars Delek US Holdings Mitsui Sumitomo Insurance Venture Capital La Maison Partners I.D.I. Insurance Company	$62.0m	Series C
Nov 2021*	BMW i Ventures	N/A	Series C
Apr 2024*	Cisco Investments	N/A	Late VC
Total Funding		€129m

Financials