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§ Private Profile · Herzliya, Israel
Upstream Security is a technology company.
Upstream Security provides a cloud-based, purpose-built AI platform designed to unlock the value of mobility data. This platform delivers actionable insights for automotive cybersecurity, after-sales quality, and advanced analytics within the connected vehicle ecosystem. It is engineered to efficiently digest and process large volumes of data, thereby securing and optimizing mobility assets while enhancing business opportunities for its clientele.
The company was co-founded by Yoav Levy, who holds the CEO position, and Yonatan Appel, the CTO. Levy contributes over 17 years of experience from leadership roles in high-tech and security product management at companies like Check Point and Juniper Networks. Appel, with more than two decades in technology and cybersecurity research, gained significant expertise at Check Point, Imperva, and Microsoft, including service in an elite military intelligence unit. Their founding insight was to develop solutions that secure, optimize, and enhance the increasingly connected world of mobility.
Customers across the mobility industry leverage Upstream Security's products to protect their assets, ensure regulatory compliance, and optimize their vehicle operations. The company's overarching mission centers on securing and empowering the future of connected vehicles. It is committed to driving data and digital transformation for its clients through potent AI-driven solutions, continually looking forward to innovate and expand value within the dynamic mobility landscape.
Upstream Security has raised $103.0M across 4 funding rounds.
Upstream Security has raised $103.0M in total across 4 funding rounds.
Upstream Security has raised $103.0M across 4 funding rounds. Most recently, it raised $62.0M Series C in August 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 24, 2021 | $62M Series C | Mitsui | 57 Stars, Alliance Ventures, CRV, Delek US, Glilot Capital Partners, I.D.I. Insurance, LA Maison, Nationwide, Salesforce Ventures, Volvo Group Venture Capital | Announced |
| Oct 1, 2019 | $30M Series B | Alliance Ventures | CRV, Spark Capital, Glilot Capital Partners, Hyundai AutoEver, Yunseong Hwang, Maniv Mobility, Erik Ross, David Hanngren | Announced |
| Dec 1, 2017 | $9M Series A | CRV | Spark Capital, Glilot Capital Partners, Maniv Mobility | Announced |
| Jun 1, 2017 | $2M Seed | Glilot Capital Partners | G20 Ventures, Ronen Tanne, Maniv Mobility | Announced |
Upstream Security is a cybersecurity technology company that builds a cloud-based, agentless AI platform to secure connected vehicles and smart mobility services. It serves automotive OEMs, fleets, and mobility providers by ingesting telematics, OTA, diagnostics, and API data to deliver real-time threat detection, proactive quality monitoring, and actionable insights for cybersecurity, after-sales quality, and regulatory compliance[1][3][8]. The platform solves critical problems like cyber threats, vehicle misuse, component failures, and warranty costs in an era of software-defined vehicles, protecting over 1 million vehicles worldwide with ML-powered anomaly detection and no in-vehicle hardware[4][6][8].
Growth momentum includes securing millions of vehicles, launching v3.0 of its Centralized Connected Car Cybersecurity (C4) Platform, and forming partnerships like with Asgent in Japan, fueled by a $30 million Series B round in 2020 from investors including Renault, Volvo Group, Hyundai, and Nationwide[4][9].
Upstream Security emerged to address the cybersecurity vulnerabilities in the rapidly evolving connected vehicle ecosystem, where traditional security falls short against cyber threats at rest and in motion[6][9]. Founded around 2017 (prior to its 2020 Series B), the company was built by a team of cybersecurity and data professionals with deep automotive expertise, focusing on leveraging existing data streams like telematics and mobile apps without disrupting vehicle production[2][6][9]. Early traction came from its pioneering agentless, cloud-based approach, which integrates in weeks and scales to protect vehicles already on the road, leading to rapid adoption by global OEMs and a $30 million funding milestone that validated its mission to safeguard every connected vehicle[4][6][9].
Upstream rides the explosive trend of connected and software-defined vehicles, where billions of cars, EVs, fleets, and IoT devices generate massive mobility data vulnerable to cyber attacks amid regulatory mandates like UNECE WP.29[1][8]. Timing is ideal as the automotive industry disrupts toward smart mobility, with Upstream's agentless platform enabling legacy and new fleets to secure without hardware retrofits, countering market forces like rising ransomware and supply chain threats[2][6]. It influences the ecosystem by partnering with OEMs (e.g., CNH Industrial, Hyundai), providing threat intelligence that shapes industry standards and accelerates safe adoption of OTA updates, AI-driven services, and data monetization[4][8][9].
Upstream is poised to dominate automotive cybersecurity as vehicle connectivity surges toward 100% by 2030, expanding its AI platform into predictive quality, API security, and managed services for commercial/agricultural IoT. Trends like GenAI investigations, zero-trust mobility, and global regulations will propel growth, potentially through further funding or acquisitions to embed deeper in OEM stacks. Its agentless edge positions it to secure "everything that moves," evolving from protector to enabler of trusted, data-rich mobility ecosystems—unlocking value in a hyper-connected world[1][3][8].
Upstream Security has raised $103.0M in total across 4 funding rounds.
Upstream Security's investors include Mitsui, 57 Stars, Alliance Ventures, CRV, Delek US, Glilot Capital Partners, I.D.I. Insurance, La Maison, Nationwide, Salesforce Ventures, Volvo Group Venture Capital, Spark Capital.