Fundraising Fox

Upbound

Seattle, US · Founded 2017 · Delaware corporation · 4 known investors

upbound.io

Upbound offers a control plane built on Crossplane 2.0 for managing cloud infrastructure declaratively, with drift prevention, encryption, policy enforcement, compliance controls, and cost optimization. It targets enterprise engineering teams building and operating AI-powered and production infrastructure.

Cloud ComputingDeveloper ToolsEnterprise Software

Founders & leadership

Upbound was founded in 2017 by Bassam Tabbara.

BTBassam Tabbara
Bassam TabbarainFounder and CEO

Board

DMDave Munichiello
Dave Munichielloin𝕏Investor / Board Director (Series A)Investor at GV (Google Ventures)

Investors · 4

Reported raises · per SEC filings

Form D private placements

$61M disclosed across 2 rounds · 2018–2021

$52MraisedDec 2021 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Bassam TabbaraExecutive Officer, Director, Promoter
  • Dave MunichielloDirector
Offering amount
$52M
Amount sold
$52M
First sale
Nov 2021
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$9MraisedMay 2018 · 15 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Dave MunichielloDirector
  • Bassam TabbaraExecutive Officer, Director, Promoter
Offering amount
$9M
Amount sold
$9M
First sale
Apr 2018
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 8

by search overlap
Pulumi84 shared keywordsPulumi provides Infrastructure as Code tools using general-purpose languages to help engineers build and manage cloud infrastructure faster. The company serves software engineers and development teams across organizations of various sizes.
Amazon50 shared keywordsAmazon operates the largest online retail marketplace in the world alongside Amazon Web Services, its cloud computing division, plus advertising, logistics and streaming media businesses.
Spacelift48 shared keywordsSpacelift is an infrastructure orchestration platform that combines Infrastructure-as-Code, GitOps pipelines, and an AI assistant to let developers provision and manage cloud infrastructure while platform teams retain governance and control. It is offered as managed SaaS, self-hosted, on-prem/air-gapped, and FedRAMP-authorized SaaS, targeting platform and infrastructure engineering teams.
Netezza47 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Ansible43 shared keywordsAnsible is an open-source IT automation engine that handles provisioning, configuration management, application deployment, and orchestration for IT teams. Red Hat Ansible Automation Platform extends this open-source foundation with enterprise capabilities including event-driven automation and security features.
HashiCorp36 shared keywordsHashiCorp builds multi-cloud infrastructure automation and security tools such as Terraform and Vault; an IBM subsidiary since 2025.
Datadog35 shared keywordsDatadog is a cloud-based monitoring and security platform that provides observability, analytics, and protection for infrastructure, applications, and data across enterprises. The platform serves development, security, and operations teams managing cloud-native and hybrid environments.
Overmind32 shared keywordsOvermind is a platform that simulates the live production environment to show engineers the blast radius, dependencies, and risks of infrastructure changes before a pull request is merged. It integrates with existing Terraform and PR workflows to surface runtime impact for platform and engineering teams reviewing changes.

Companies competing with Upbound for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does Upbound do?
Upbound offers a control plane built on Crossplane 2.0 for managing cloud infrastructure declaratively, with drift prevention, encryption, policy enforcement, compliance controls, and cost optimization. It targets enterprise engineering teams building and operating AI-powered and production infrastructure.
Who founded Upbound?
Upbound was founded by Bassam Tabbara in 2017.
Who are Upbound's investors?
Upbound's investors include GV (Google Ventures), Intel Capital, Titanium Ventures, Fuel Capital.
How much funding has Upbound raised?
Upbound has disclosed $61M raised across 2 rounds.
Where is Upbound headquartered?
Upbound is headquartered in Seattle, US.