![]() ![]() LevelUp: Battle in Boston Over Customer Loyalty Tech.” Boston Business Journal. "In shoppers' online networks, privacy has no price tag". "Swipely Enters the Social Shopping Field". "You Could See Swipely's $7.5 Million Round On Blippy, But You Won't On Swipely". "Microsoft Purchase Of Tellme Adds Voice To Web Initiative". "Social shopping sites high in data value". "Swipely Nabs $7.5 Million in Series A Funding for Social Spending (And to Attack Blippy!)". ^ "Angus Davis Builds Upserve To Serve As Management Platform For America's One Million Restaurants" Forbes.^ a b “America’s Most Promising CEOs Under 35.” Forbes magazine.^ a b “America’s Most Promising Companies.” Forbes magazine.^ "Groupon sells restaurant-tech business Breadcrumb to Upserve" Chicago Tribune.Upserve has been featured in New York Times, Forbes, CBS This Morning, Wall Street Journal, Inc., Entrepreneur, Boston Globe, Thrillist, BostInno, Quartz and RestaurantInsider. CEO Davis has also been included on the Forbes list of “America’s Most Promising CEOs Under 35.” The company is the first Rhode Island-based firm on this Forbes list. Swipely was named one of Forbes magazine's “America’s Most Promising Companies” in 2013. In July 2018, Upserve announced the acquisition of Israel-based inventory management platform SimpleOrder. In 2018, Upserve opened an office in Denver adding to its existing office locations in San Francisco and New York, along with headquarters in Providence, RI. ![]() ![]() As of spring of 2018, thousands of restaurants use Upserve to manage relationships with more than 57 million active diners, process over $12 billion in annual sales, and serve over 36 million meals per month. In July 2017, Upserve received a strategic investment of more than $100 million from Vista Equity Partners. In 2013, Upserve secured a $12 million Series B investment led by Shasta Ventures and raised a $20 million Series C led by the Pritzker Group bringing the total funds raised to $40.5 million. The Providence start-up was the first Rhode Island-based software company to raise $7.5 million in Series A venture capital. In 2020, Upserve was acquired by Lightspeed. Additionally, it introduced Upserve Marketplace, which is a curated hub of integrated restaurant technology for its customers to tie together disparate systems. In 2018, Upserve partnered with Resy to produce an industry-first POS integration to streamline reservations and table management. In 2017, Upserve expanded its Restaurant Management Platform by offering integrated online ordering through a partnership with Grubhub, as well as its own online ordering solution. In 2016, Swipely acquired Breadcrumb POS from Groupon and re-branded to Upserve in order to reflect its offering of a comprehensive management system for the restaurant industry. In February 2011, Swipely evolved into a loyalty platform for local merchants to reward repeat customers. Swipely was formerly a social network in which members shared their purchases with friends. Upserve, formerly Swipely, was founded in 2009 by Angus Davis, the co-founder of Tellme Networks, which was acquired by Microsoft in 2007. In 2013, Forbes magazine included Swipely in its list of the top 100 “America’s Most Promising Companies.” Upserve's former CEO, Angus Davis, was named to Forbes list of “America’s Most Promising CEOs Under 35.” In 2017, Upserve received a nine-figure investment from Vista Equity Partners to accelerate the platform's growth. At the center of the Upserve Platform is the cloud-based Upserve POS, a point of sale system that Upserve acquired from Groupon in 2016. The Platform is made up of restaurant-specific point of sale (POS) software, payments, and analytics, online ordering, loyalty, and marketing tools designed specifically for restaurants. Upserve, originally Swipely, provides a restaurant management platform which allows independent full-service restaurants to run and manage their entire business. Angus Davis, Josh Kopelman, and Reid Hoffman ![]()
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