UpSmith Raises $5M in Seed Funding


UpSmith, a Dallas, TX-based company providing Boost, a software platform for growing skilled trades companies, raised $5M in Seed funding.

The round was led by Hannah Grey Ventures, with participation from a16z, GSV, Asymmetric Capital Partners, Cubit Capital, TechNexus, Crow Holdings, Kimbel Mechanical, Crescent Ridge, and Karman Ventures, among other strategic individuals.

The company intends to use the funds to expand operations and its business reach.

Led by Founder and CEO Wyatt Smith, UpSmith is a technology company addressing labor shortages, with an initial focus serving skilled trades companies across the United States. Its rewards program, Boost, helps skilled trades businesses empowering workers to prioritize their company’s most pressing needs by awarding points for business and client-critical efforts. The product integrates with an employer’s enterprise resource planning (ERP) system to automate productivity tracking and coaching – no app download and no logins. Through the technology platform, skilled trades companies deploying HVAC, plumbing, and electrical services can expand revenue, improve output, and lower costs.