Uptake

Uptake Technologies, Inc. is a technology company that specializes in developing a predictive analytics platform designed to enhance operational efficiency across various industries, including healthcare, insurance, locomotives, construction, and manufacturing. Founded in 2014 and headquartered in Chicago, Illinois, Uptake's platform analyzes sensor data to predict and prevent equipment failures, identify hidden profit opportunities, and uncover new growth avenues. By transforming data into actionable insights, the platform facilitates equipment monitoring, diagnostic troubleshooting, event and condition prediction, and task management, ultimately improving uptime and streamlining operations for its clients.

Bradley Keywell

Founder and Executive Chairman

3 past transactions

ShookIOT

Acquisition in 2021
ShookIOT is a company based in Edmonton, Canada, specializing in Industrial Internet of Things (IIoT) solutions. It focuses on providing a comprehensive foundation and framework for digital twins, enabling big data analysis, predictive analysis, machine learning, and visualization. In addition to its technological offerings, ShookIOT provides strategic planning and consulting services that support the development and implementation of IIoT solutions. The company aims to facilitate the adoption of IIoT technologies, assisting businesses in transforming their operations and advancing their IIoT programs effectively.

Asset Performance Technologies

Acquisition in 2018
Asset Performance Technologies, Inc., founded in 2004 and based in Albuquerque, New Mexico, specializes in developing cloud-based asset performance management software tailored for plant managers, CFOs, and maintenance professionals. The company's flagship solution, Preventance™, integrates strategy optimization software with the APT Asset Strategy Library™ (ASL™), which comprises extensive equipment failure data. This innovative platform enables users to dynamically optimize preventive maintenance programs by adjusting to evolving operational conditions, plant requirements, and market economics. As a subsidiary of Uptake Technologies, Inc. since April 2018, Asset Performance Technologies continues to set industry standards for maintenance optimization, helping organizations maximize their preventive maintenance investments.

Carnegie Mellon University

Grant in 2017
Carnegie Mellon University is a renowned private research university, offering undergraduate and graduate programs across diverse fields, with a strong focus on technology and arts. It is particularly distinguished for its School of Computer Science, recognized globally for its research and education, and the Heinz College of Information Systems and Public Policy, which uniquely combines management and policy expertise. The university serves various sectors, including education, technology, and the arts, contributing significantly to these fields through its academic programs and research.
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