UpCloudrevenue & funding
Infrastructure as a Service (IaaS) ProvidersHelsinki, Southern Finland, FinlandFounded 2011CEO Antti Vilpponen
UpCloud is an Infrastructure as a Service (IaaS) Providers company based in Helsinki, founded in 2011.
UpCloud revenue
UpCloud has not published its revenue. GetLatka estimates it at about $20.4M a year (October 2024).
All 3 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $6.2M | – |
| Dec 2023 | $10.8MEST. | GetLatka estimate |
| Oct 2024 | $20.4MEST. | GetLatka estimate |
– source not recorded
UpCloud funding rounds & investors
UpCloud has raised $26.7M across two rounds since 2016. The latest was a $21.8M funding round in January 2020.
| Date | Round | Raised |
|---|---|---|
| Jan 2020 | Funding round | $21.8M |
| Nov 2016 | Funding round | $4.9M |
| Total raised | $26.7M |
UpCloud competitors
UpCloud competes most directly with DigitalOcean and Vultr Holdings Corporation.
| Company | Revenue | Funding | Employees | Founded |
|---|---|---|---|---|
 DigitalOcean | $901.4M | $150M | 906 | 2012 |
| UpCloud | $20.4M | $26.7M | 129 | 2011 |
 Vultr Holdings Corporation | $13.6M | $662M | 256 | 2014 |
UpCloud CEO, founders & employees
Antti Vilpponen founded UpCloud in 2011 and runs it as CEO. UpCloud had 129 employees (December 2024, LinkedIn), up from 114 a year earlier.
- Antti VilpponenFounder & CEO
All 6 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2024 | 129 | |
| Oct 2024 | 119 | |
| Dec 2023 | 114 | |
| Dec 2022 | 111 | |
| Dec 2021 | 79 | |
| Apr 2021 | 74 | – |
UpCloud FAQ
What is UpCloud's revenue?
GetLatka estimates UpCloud's revenue at about $20.4M a year (October 2024). The company hasn't published its own figure.
How much funding has UpCloud raised?
UpCloud has raised $26.7M across two funding rounds. The latest was a $21.8M funding round in January 2020.
How many employees does UpCloud have?
UpCloud had 129 employees in December 2024, according to LinkedIn.
Who is the CEO of UpCloud?
Antti Vilpponen is the CEO of UpCloud and founded the company in 2011.
Who founded UpCloud?
Antti Vilpponen founded UpCloud in 2011.
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How this page is sourced
5 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Dec 20, 2024Data disclaimerReport a correctionClaim this profileRun UpCloud? Join the podcast