Uptool has come out of stealth mode. The company has raised $6 million from prominent investors and hopes to become an indispensable tool for manufacturing. For now uptool is providing quoting software for small to medium manufacturing services.
By creating faster workflow software that automates calculations that have to be done by people, the company hopes to make small businesses more efficient. Small businesses are often bogged down by a lack of people, a few key people being nodes where a lot of processes come together, and lots of stupid work like responding to RFQ´s again and again. The small and versatile small business often struggles to cope with being overloaded or repetitive, tedious workflows. If those workflows also have to be carried out by your key finance person, Tom, or your CEO, Jane, and only they, critical people can be kept from sales, improving the business, and interacting with customers. Instead, they are bogged down by invoicing, filling out forms, or other rote work. This is painful for them and the business. Not only is it annoying, but it is also making a flexible firm less flexible and less able to improve itself.
Based in San Mateo and founded in 2024, Uptool has raised $6 million from notable VC’s Eclipse, Kleiner Perkins, Bessemer, and Khosla Ventures. The founder of Uptool is Velo3D founder Benny Buller, who said,
“We are building an AI platform to boost their business and bring their entire operations into the modern era. It’s been incredibly rewarding to see our initial customers rapidly grow their sales and free them from their desks so they can spend more time with their customers or on the shop floor manufacturing parts.”
The company gives people a tool that they can sign up for and reportedly set up in an hour. Quoting, revisions, and communications are available through dashboards with AI tools organizing CAD and other files, BOMs, and other key bits of data. At the same time, calculation tools are supposed to make quoting easier.
Velocity CNC CEO Nathan Dillon noted,
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