Diligence memo · auto-generated · as of July 2, 2026

Upwage Inc.

Upwage Inc. looks fair against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

Upwage Inc. operates in Other, based in POWELL.

Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Upwage Inc. has raised $9.2M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $9.2M on 2023-06-22.

Most recent recorded round closed around 2023-06-22.

Valuation (modeled)modeled

Provath models Upwage Inc. at approximately $57M (range $13M–$157M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 1.48× the median modeled value of Series A Other companies in 2022–2024 (1135 peers) — value vs value, same stage and era. Within the normal band (148% of peer median) for its niche.

Financing rhythm & timingmixed

Last raise 3.0 yr ago; this sector typically re-raises about every 11 months.

Only one round on record and long silent — often defunct, acquired, or gone quiet.

Comparablesmixed

Capital scale ranks ahead of 76% of Other peers (25015 compared).

Modeled value ranks above 74% of those peers.

Closest niche peers: Ness Well, Inc., Quantori, Inc., Qquv Investments 5, Llc, Applause Network TV, Inc., Trustworthy Co.

Peoplefiled

3 named people on file across officers, directors and signatories.

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

Broad sector classification weakens peer comparison.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.