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Developer of cloud-based servers designed to offer data related services. The company's servers specialize in cloud hosting that offer an hourly billed infrastructure-as-a-service for enterprise customers, enabling clients to run critical web applications on a cloud platform and promote efficiency in their performance.
Last updated
In 2024, UpCloud's revenue reached $20.4M. The company previously reported $10.8M in 2023. Since its launch in 2011, UpCloud has shown consistent revenue growth.
UpCloud has not publicly disclosed its valuation. The company has raised $26.7M in total funding to date.
UpCloud has raised $26.7M in total funding across 2 rounds, with its most recent round in 2020.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Funding round | $21.8M | - | - | |
| 2016 | Funding round | $4.9M | - | - |
CEO
Antti Vilpponen is the CEO at UpCloud. Additionally, Antti Vilpponen has had 1 past job as the Co-Founder at ArcticStartup.
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for UpCloud yet.
UpCloud employs approximately 129 people as of 2026, up from 114 in 2023, including 3 sales reps that carry a quota.
UpCloud generates an estimated $20.4M in annual revenue.
UpCloud was founded by Antti Vilpponen.
The CEO of UpCloud is Antti Vilpponen.
UpCloud raised $26.7M across 2 rounds.
UpCloud has 129 employees.
UpCloud is headquartered in Helsinki, Southern Finland, Finland.
UpCloud operates across multiple industries. Browse revenue, funding, and growth data for UpCloud in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$20.4M(Est.)
Funding
$26.7M
Team
129
Founded
2011
| Year | Milestone | Source |
|---|---|---|
| 2024 | UpCloud Hit $20.4m revenue in October 2024 | Estimated |
| 2023 | UpCloud Hit $10.8m revenue in December 2023 | Estimated |
| 2021 | UpCloud Hit $6.2m revenue in April 2021 | |
| 2011 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 129 employees (December 2024) | |
| 2024 | Reached 119 employees (October 2024) | |
| 2023 | Reached 114 employees (December 2023) | |
| 2022 | Reached 111 employees (December 2022) | |
| 2021 | Reached 79 employees (December 2021) | |
| 2021 | Reached 74 employees (April 2021) |
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