London’s 5-minute knowledge hacking app Uptime has raised an additional $3 million in an extension to their seed round. This now brings the company’s raise to a total of $19 million, just three months after officially launching. Notable investors include Huda Kattan, Chad Hurley, Chris Messina, and Mark Gillespie. Existing investors include Sir Terry Leahy, Lord David Alliance, and members of Federal Street SPV. As part of the deal, HB Investments and Huda Beauty founder Huda Kattan and Authentum Partners’ founder Jill Denham will join the uptime board. The firm is reporting that the funding will be used to further product development.
Founded in 2019 by Jack Bekhor and James True, Uptime uses a combination of machine learning and human curation to offer users over 1,700 5-minute snippets from books, courses, and documentaries. Content is available in text, audio, and the company’s own visual story format.
Uptime reports that over the past few weeks users have been most engaged with wrapping their heads around NFT’s and blockchain-related topics and BAFTA and Academy-award nominated documentaries including The Social Dilemma and Collective.
“We’ve been thrilled with the support for Uptime so far, both from consumers and investors. Our users are regularly coming back to Uptime to find content that engages and educates them,” comments co-founder Jamie True. “From learning about technical subjects such as NFTs and Bitcoin to topics closer to home including relationships, parenting, and anxiety, Uptime users are gleaning key insights from our top books, courses, and documentary hacks.”