|By Business Wire||
|February 8, 2013 09:03 AM EST||
Upstart Labs announced the details of their continued momentum today - with increased funding, new investments, and an expanded team. Upstart Lab’s hands-on approach to creating successful companies is proving a good match for technology innovators in the Pacific Northwest.
Upstart Labs partners with startups and their investors, helping both get the most from their early-stage funding. Today, Upstart Labs is announcing a partnership with Rogue Venture Partners.
“We want our early-stage companies to have the absolute best chance of success,” says Tom Sperry, General Partner at RVP. “By co-investing with Upstart Labs, we give our portfolio companies access to a team who will help them build their business for sustainable growth.”
Upstart Labs’ and Rogue Venture Partners’ first two joint investments are in Juked, a revolutionary new music discovery platform, and Measureful, which helps digital marketers quickly analyze multi-channel data.
“Partnering with Upstart Labs to develop and launch our company has been a great experience,” says John Koenig, Founder of Measureful. “Working side by side with such an experienced team - who is completely committed to our success - makes an incredible difference.”
In addition to funding, Upstart Labs recently added two new partners to their team:
Kevin Tate joins Upstart Labs as General Partner after 17 years as a software marketer and entrepreneur. Most recently the Chief Marketing Officer at ShopIgniter, Kevin has helped lead a number of companies to successful exits, including Unicru/Kronos and StepChange Group.
Joe Stump joins Upstart Labs as a Venture Partner. Joe was the Lead Architect at Digg, the founder of SimpleGeo (acquired by Urban Airship) and is the co-founder of Sprint.ly. Joe is an angel investor and advisor to more than a dozen companies.
Upstart Labs’ investment model is well suited to the wave of early-stage technology companies taking root in the Pacific Northwest. Unlike a typical startup accelerator - in which a group of founders attend a “startup bootcamp” together, Upstart’s team partners with companies one at a time and offers hands-on help with strategy, design, development, marketing and sales.
“We take a craft approach to building sustainable companies,” explains Greg Rau, Managing Partner at Upstart Labs. “Whether we’re helping a team create their very first prototype, or a company expand into a new market – the goal is the same. We’re building a foundation for innovation and growth.”
Upstart Labs is currently accepting applications for new startup investments through February 15th on AngelList.
About Upstart Labs:
Upstart Labs partners with early-stage companies, and their investors, to turn innovative products into sustainable businesses. Upstart’s team of experienced entrepreneurs, designers, developers and marketers works side by side with founders to build and launch successful software companies. Our investor partners include early-stage funds and angel investors focused on enterprise SaaS and mobile solutions. Upstart Labs is proud to be based in Portland, OR.
About Rogue Venture Partners:
Rogue Venture Partners’ mission is to make Oregon relevant by investing in disruptive entrepreneurs. Committed to increasing Oregon's entrepreneurial footprint through sustainable investment in new businesses and growing enterprises, RVP’s portfolio includes Diabetomics, Keen Healthcare, ID Experts, Vadio, Athletepath and Tellagence.
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