- Instruction startup Uptime not long ago lifted $3 million a seed round backed by ex-YouTube CEO Chad Hurley.
- Uptime positions by itself as an academic alternative to TikTok and Instagram Reels.
- Insider acquired an distinctive glimpse at the pitch deck Uptime utilized to provide investors on board.
- See additional stories on Insider’s enterprise website page.
Uptime, a cell app that specializes in brief-form academic videos, not too long ago elevated $3 million in a seed funding spherical backed by previous YouTube CEO Chad Hurley.
Started in 2019, Uptime designs alone as an educational option to TikTok or Instagram’s Reels, offering consumers five-minute “knowledge hacks” conveying the most up-to-date trending news, books, and documentaries. The latest spherical convey the company’s total funding raised to date to $19 million.
Considering that launching in February, “information hacks” on Michelle Obama’s memoir “Becoming” and Matthew Walker’s “Why We Slumber” have been amid Uptime’s most popular videos. More than the previous few months, hacks masking NFTs (non-fungible tokens) and blockchain have also been climbing up the charts.
“I’ve been viewing the Uptime crew closely and it is very clear they are on to a winner with the revolutionary discovering structure and mixing of advanced machine studying and human curation,” Hurley stated. “Shopper tech goods are no for a longer period just about participating buyers, they have to give value and this is 1 application I’m fired up to be backing.”
The YouTube cofounder joined fellow angel investors Huda Kattan, the founder of billion-greenback beauty brand Huda Attractiveness, and Hollywood expertise leisure manager Mark Gillespie as section of the spherical.
Insider bought an unique look at the pitch deck Uptime applied to deliver traders on board. Examine it out under: