New Investment: Upkid

The Seaplane Venture Fund invested in the Seed round of Upkid, a Utah-based marketplace that matches qualified substitute teachers for early childhood programs. The round was led by Gutter Capital. To be technical, Seaplane actually invested a bit in advance of the round in order to support Upkid heading into this oversubscribed round, a move that we were happy make given Upkid's strong traction traction and CEO and Cofounder, Tyler Morgan.

Staff turnover is a major pain point for early childcare centers with almost half of them operating at below capacity because they can't find and keep qualified teachers. Enter Upkid, which started in Salt Lake City and proved out its ability to find qualified teachers for early childcare centers on short notice and establish localized network effects.

Congrats to Tyler, Cofounder Andrew Allison, and the team. We look forward to supporting and Upkid for years to come.

The Seaplane Venture Fund is available only to accredited investors. This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. An offering to invest in the Seaplane Venture Fund will be made only by the private placement memorandum, subscription agreement, and other relevant documentation of any such fund and should be read in their entirety.