Tech Company Financing Transactions
Uptool Funding Round
Uptool closed a $6 million Seed venture capital round on 2/4/2026. Backers included Bessemer Venture Partners, Eclipse and Khosla Ventures.
Transaction Overview
Company Name
Announced On
2/4/2026
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Seed
Proceeds Purpose
The funds will be used to accelerate the adoption of their software within U.S. manufacturing
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
22191 Mcclellan Road
Cupertino, CA 95014
US
Cupertino, CA 95014
US
Phone
Undisclosed
Website
Email Address
Overview
Uptool is an AI software startup on a mission to accelerate U.S. manufacturing operations and productivity. Uptool's AI software is built for small, high-mix manufacturers like machine and fabrication shops to ensure they can move faster, operate more efficiently, and grow with confidence. These SMB manufacturers power our industrial economy, but are too often slowed by manual paper processes, fragmented systems, and front-office bottlenecks that limit the shop's ability to win -- before production even begins. We started where speed matters most -- the interface between manufacturers and their customers. Uptool's AI-engine automates 90% of quoting workflows: RFQ detection, document analysis and extraction, and draft estimation while organizing data and customer communication, so shop owners can win more work without adding overhead. Uptool is committed to developing the operating system that enables small, high-mix manufacturers to move fast and compete. Founded in 2024 in San Mat
Profile
Social Media
Company News
Facebook
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Management Team
Title
Name
Email & Social
Chief Executive Officer
Benny Buller
Co-Founder
Alex Huckstepp
VP - Engineering
Alex Varlahanov
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