Startups
NFTs offer us a vehicle for tokenizing anything, while the explosive growth of DeFi has demonstrated the power of permissionless financial primitives. Upshot is building scalable NFT pricing infrastructure at the intersection of DeFi x NFTs. Through a combination of crowdsourced appraisals and proprietary machine learning algorithms, Upshot provides deep insight into NFT markets and unlocks a wave of exotic new DeFi possibilities.
Overview
Location
Ukraine, Odesa Oblast, Izmail
Employees
11-50
Total raised
$22M
Founded date
2019
Investors 1
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Funding Rounds 1
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Mentions in press and media 8
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| Nov 15, 2023 | The Protocol: Ethereum Layer-2s Keep Coming as OKX Apes In | As blockchain developers head into the final stretch of 2023, a few trends stand out: the proliferation of Ethereum layer-2 networks, the ascendancy of zero-knowledge cryptography and the appearance of tokens, smart contracts and now file h... |
| Feb 2, 2023 | Upshot to Provide Users with Real-Time Collection and Market Movement Updates with Upshot Alerts | New feature allows users to track smart money movements and floor price changes across collections Upshot, a blockchain-based protocol providing unique NFT financialization opportunities for traditionally illiquid assets, has announced Upsh... |
| Mar 22, 2022 | Market Wrap: Bitcoin in Recovery Mode, Crypto Stocks Outperform | Bitcoin (BTC) reached a session high of $43,300, its highest level in almost three weeks, as bullish sentiment improved among crypto traders. Some alternative cryptocurrencies (altcoins) also edged higher on Tuesday, even as alts' rece... |
| Mar 22, 2022 | Polychain Capital Leads $22M Investment in NFT Appraisal Protocol Upshot | Upshot, a protocol that provides non-fungible token (NFT) appraisals, has raised $22 million in a Series A2 funding round led by Polychain Capital, Evaluating the value of an NFT is a complicated task because the answer is essentially “what... |
| Mar 22, 2022 | Upshot Raises $22M in Series A2 Funding | Upshot, a Boston, MA-based blockchain-based protocol providing non-fungible token (NFT) appraisals, raised $22m in Series A2 funding. The round was led by Polychain Capital, which joined previous investors Framework Ventures, CoinFund, Bloc... |
| Mar 22, 2022 | Savings app unicorn Acorns is adding Bitcoin exposure to portfolios. Here’s the catch | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. They say a little crypto can spice up a portfolio. Paid Content How Nucor is pioneering a green f... |
| What Is NFT Lending? | Non-fungible tokens (NFTs) are a red-hot asset class in crypto, with billions of dollars in value traded each month. But NFTs aren’t only for buying, selling and holding. Just like other assets, they can be part of more complex and lucrativ... |
Reviews 0
FAQ about Upshot
When was Upshot founded?
Upshot was founded in 2019.
How much funding has Upshot raised?
Upshot has raised $22M in total across 1 funding round.
What has the press written about Upshot?
Parsers VC has collected 8 articles mentioning Upshot, among them “The Protocol: Ethereum Layer-2s Keep Coming as OKX Apes In” (Nov 15, 2023) and “Upshot to Provide Users with Real-Time Collection and Market Movement Updates with Upshot Alerts” (Feb 2, 2023).
Is Upshot still active?
Yes, Upshot is active; its latest activity on Parsers VC dates from Feb 2, 2024.