Uptake Technologies, a Chicago, IL-based provider of data-driven solutions and predictive analytics for companies in major industries, raised $40m in funding.
Revolution Growth made the investment. In conjunction with the funding, Ted Leonsis of Revolution Growth joined Uptake Board.
Led by Brad Keywell, CEO and cofounder, Uptake provides a predictive analytics SaaS platform that delivers solutions in major industries including mining, rail, energy, aviation, retail, and construction.
The platform – which is powered by a continuous feedback loop – aggregates enterprise and external data and applies cross-industry data science to produce actionable insights and recommend impactful actions that are then optimized by human intelligence.