- Education startup Uptime recently raised $3 million a seed round backed by ex-YouTube CEO Chad Hurley.
- Uptime positions itself as an educational alternative to TikTok and Instagram Reels.
- Insider got an exclusive look at the pitch deck Uptime used to bring investors on board.
- See more stories on Insider's business page .
Uptime, a mobile app that specializes in short-form educational videos, recently raised $3 million in a seed funding round backed by former YouTube CEO Chad Hurley.
Founded in 2019, Uptime styles itself as an informative alternative to TikTok or Instagram's Reels, offering users five-minute "knowledge hacks" explaining the latest trending news, books, and documentaries. The latest round bring the company's total funding raised to date to $19 million.
Since launching in February, "knowledge hacks" on Michelle Obama's memoir "Becoming" and Matthew Walker's "Why We Sleep" have been among Uptime's most popular videos. Over the past few weeks, hacks covering NFTs (non-fungible tokens) and blockchain have also been climbing up the charts.
"I've been watching the Uptime team closely and it's clear they're on to a winner with the innovative learning format and blending of advanced machine learning and human curation," Hurley said. "Consumer tech products are no longer just about engaging users, they have to offer value and this is one app I'm excited to be backing."
The YouTube cofounder joined fellow angel investors Huda Kattan, the founder of billion-dollar beauty brand Huda Beauty , and Hollywood talent entertainment manager Mark Gillespie as part of the round.
Insider got an exclusive look at the pitch deck Uptime used to bring investors on board. Check it out below:
Via PakApNews