Upwave is a privately owned company headquartered in the US. Founded in 2012 with approximately 60 employees, the company reported $7.0M in revenue as of 2024. The company's main product is ad measurement and verification, functioning as an analytics platform for brand advertising.
On March 18, 2026, Upwave CEO Chris Kelly examined how performance pressure influences media allocation decisions, noting the prevalence of AI advertisements during the Super Bowl and Anthropic's public criticism of OpenAI's move to integrate advertising into ChatGPT.