UgoWork: Funding, Investors & Team (Oct 2026)
For forklifts, UgoWork is an intelligent energy system that has been developed, produced, and sold. In the culinary, pharmaceutical, retail, manufacturing, and logistics industries, it is a technology that alleviates pain associated with the operation of forklifts working many shifts per day (usually more than 2,000 hours per year). Electric forklift sales are already outpacing internal combustion due to cheaper running costs and environmental considerations. But fleet owners are constrained by lead-acid batteries' performance, and worse, they spend time by handling risky objects a lot. The unquestionable benefits of lithium-ion signal a significant shift from the lead-acid era. We think that the current state of services warrants the outsourcing of crucial tasks to qualified professionals.
UgoWork has raised $17.0M across 1 funding round on record, the most recent a Series B of $17.0M announced in Nov 2022.
That round is above the $7.7M median round size for Consumer Electronics companies tracked on FundedIQ over the last two years.
UgoWork Company Profile and Key Stats
Latest funding round on record: Nov 2022.
UgoWork Funding Rounds
UgoWork Founders and Leadership Team
Contact details for the UgoWork team: 1 of 1 has an email address on file.
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UgoWork's latest round of $17.0M is above the median round in Consumer Electronics. Medians cover the last 24 months of disclosed rounds.
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UgoWork Funding FAQs
What does UgoWork do?
For forklifts, UgoWork is an intelligent energy system that has been developed, produced, and sold. In the culinary, pharmaceutical, retail, manufacturing, and logistics industries, it is a technology that alleviates pain associated with the operation of forklifts working many shifts per day (usually more than 2,000 hours per year). Electric forklift sales are already outpacing internal combustion due to cheaper running costs and environmental considerations. But fleet owners are constrained by lead-acid batteries' performance, and worse, they spend time by handling risky objects a lot. The unquestionable benefits of lithium-ion signal a significant shift from the lead-acid era. We think that the current state of services warrants the outsourcing of crucial tasks to qualified professionals.
How much funding has UgoWork raised?
UgoWork has raised $17.0M across 1 round on record. The most recent is a Series B of $17.0M announced in Nov 2022.
When did UgoWork last raise funding?
UgoWork's most recent funding round on record is a Series B of $17.0M, announced in Nov 2022.
Who founded UgoWork?
FundedIQ lists Rami Jarjour (Founder) at UgoWork.
Where is UgoWork headquartered?
UgoWork is based in Quebec, Canada.
How many employees does UgoWork have?
UgoWork is in the 11-50 employee band.
How does UgoWork's funding compare to other Consumer Electronics startups?
UgoWork's latest round of $17.0M is above the $7.7M median round size for Consumer Electronics companies on FundedIQ across 1,547 tracked companies over the last two years.
About FundedIQ's UgoWork Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for UgoWork is left off this page rather than filled in.
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