# Upstock funding: rounds and investors

> Upstock has raised $5.5M across 2 rounds since 2024. Investors include Alumni Ventures, Plug and Play and Right Side Capital Management.

Source: https://millionrounds.com/company/upstock (Millionrounds; every figure on the page links to its filing or article)

United States · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Upstock*

2 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services

Funding summary Updated 26 Oct 2026

**$5.5M** raised across 2 rounds since 2024, from 2 sources

**$2.1M** Seed **$3.4M** Seed

- **Latest round:** Seed, $2.1M Feb 2024
- **Biggest round:** $3.4M Seed · Feb 2024
- **Investors:** 9

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025

**$2.1M** Seed

**$3.4M** Seed

- **First round:** Seed, $2.1M
- **Biggest round:** $3.4M

## The rounds

- **Feb 2024** Seed **$2.1M** *5 new* [Icehouse Ventures](https://millionrounds.com/fund/icehouse-ventures) [Possible Ventures](https://millionrounds.com/fund/possible-ventures) [K1W1](https://millionrounds.com/fund/k1w1) [Enterprise Angels](https://millionrounds.com/fund/enterprise-angels) [NZVC](https://millionrounds.com/fund/nzvc) Source recorded
- **Feb 2024** Seed **$3.4M** *4 new* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) [Streamlined Ventures](https://millionrounds.com/fund/streamlined-ventures) Source recorded

## Founders and team

From Upstock's own website: 2 founders, 5 on the team.

**Matt Watson** Founder & Director

**Philip Fierlinger** Co-founder & Director

- **Duncan Ritchie** CEO & Director
- **Ben Pook** Head of Customer Success
- **Caleb Allott** Designer
- **Chad Richard** Independent Director
- **Matt Gunn** Independent Director

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2024 **Seed** 2024 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) [Icehouse Ventures](https://millionrounds.com/fund/icehouse-ventures) [Streamlined Ventures](https://millionrounds.com/fund/streamlined-ventures) [Possible Ventures](https://millionrounds.com/fund/possible-ventures) [K1W1](https://millionrounds.com/fund/k1w1) [Enterprise Angels](https://millionrounds.com/fund/enterprise-angels) [NZVC](https://millionrounds.com/fund/nzvc)

## Everyone who backed them

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round

[Plug and Play](https://millionrounds.com/fund/plug-and-play) Accelerator **1** round

[Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) VC firm **1** round

[Icehouse Ventures](https://millionrounds.com/fund/icehouse-ventures) VC firm **1** round

[Streamlined Ventures](https://millionrounds.com/fund/streamlined-ventures) VC firm **1** round

[Possible Ventures](https://millionrounds.com/fund/possible-ventures) VC firm **1** round

[K1W1](https://millionrounds.com/fund/k1w1) Investment firm **1** round

[Enterprise Angels](https://millionrounds.com/fund/enterprise-angels) Angel network **1** round

[NZVC](https://millionrounds.com/fund/nzvc) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=upstock).

## Also claim to have backed them

These 3 firms list Upstock as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Ice Angels](https://millionrounds.com/fund/ice-angels) Angel network Per its own site

[Angel HQ](https://millionrounds.com/fund/angel-hq) Angel network Per its own site

[Foggy Valley Aotearoa](https://millionrounds.com/fund/foggy-valley-aotearoa) VC firm Per its own site

## Quick answers about Upstock

### Who invested in Upstock?

Upstock's investors include Alumni Ventures, Plug and Play, Right Side Capital Management, Icehouse Ventures and Streamlined Ventures, and 4 more on record.

### How much has Upstock raised?

Upstock has raised $5.5M across 2 rounds since 2024.

### When did Upstock last raise?

Upstock's most recent round was a Seed of $3.4M in Feb 2024.

### What was Upstock's biggest round?

Its most recent round, $3.4M in Feb 2024, is also its largest on record.

### Who backed Upstock first?

Upstock's first round on record, in Feb 2024, was backed by Icehouse Ventures, Possible Ventures and K1W1 and 2 others.

### What stage is Upstock at?

Upstock's latest named round is a Seed, in Feb 2024.

### Where is Upstock based?

Upstock is based in the United States.

## Companies like Upstock

In the same sector, and raised in the last eighteen months.

[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Platform Accounting Group** $355M · Oct 2026](https://millionrounds.com/company/platform-accounting-group)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp)

## Find investors like these

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