Upstay

Advanced Solutions for the Hospitality Industry

Business Software
Acquired by Plusgrade
Acquired Tel Aviv-Yafo, Israel Founded 2019
LinkedIn
Last updated 2026-06-18
Total raised
$1.5M
Last: 2020-10
Stage
Acquired
Founded
2019
Headcount
27
HQ
Tel Aviv-Yafo, Israel
Sector
Business Software

About

UpStay developed an innovative and effective technology that provides service to hoteliers to optimize their inventory, generate new revenue streams for them, and enhance their guest experience

Upstay is developed by Ancillary Streams.

Funding history · 1 round · $1.5M total

2020-10

Q&A

When was Upstay acquired and by which company?
Upstay was acquired by Plusgrade in January 2023.
What is Upstay's primary business?
Upstay developed an innovative technology that provides services to hoteliers to optimize their inventory, generate new revenue streams, and enhance guest experience.
How much funding did Upstay raise in total?
Upstay raised a total of $1,500,000.
Which investor participated in Upstay's funding round in October 2020?
Spring Ventures participated in Upstay's funding round in October 2020.
What technologies does Upstay utilize in its solutions?
Upstay utilizes Artificial Intelligence, Machine Learning, Platforms & Interfaces, and Web technologies.
What was the reported value of the acquisition of UpStay by Plusgrade?
According to a January 2023 news report, the acquisition deal was valued at several tens of millions of dollars.
What was the strategic outcome of Plusgrade's acquisition of UpStay?
Following the acquisition in January 2023, UpStay was set to become Plusgrade's Israeli R&D center, expanding Plusgrade's upgrade platform to the hotel industry.

Team · 1

Jonathan Shemer
Founder · Co-founder (No longer with the company)
LinkedIn ↗

Sectors & technology

Primary sector
Business Software
Sub-sectors
Business SoftwareSales & Marketing Solutionse-Commerce Tools
Technologies
Artificial IntelligenceMachine LearningPlatforms & InterfacesWeb
Target customers
Travel & TourismHospitalityHotels
Business model
B2B

Highlights

Verified

Tags

web-platformtraveltechhospitalityhotels
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