Company

Upgrade

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Organization

Contact Information

Overview

Upgrade is a neobank that offers credit to mainstream consumers through cards and personal loans, together with free credit monitoring and education tools that help consumers understand and manage their finances. Upgrade Card provides an innovative credit card that brings the low cost and responsible credit of installment lending to millions of retail locations in the U.S., while Upgrade Account is a mobile banking product offered to mainstream consumers.

About

Industries

Financial Services, Mobile, FinTech, Banking, Credit

Founded

2016

Employees

251-500

Headquarters locations

United States, North America

Social

N/A

Profile Resume

Upgrade headquartered in United States, North America, operates in the Financial Services, Mobile, FinTech, Banking, Credit sector. The company focuses on Financial Services and has secured $82.2B in funding across 140 round(s). With a team of 251-500 employees, Upgrade is actively contributing to advancements in Financial Services. Their latest funding round, Series A - Upgrade, raised $60.0M. Discover more about their projects, partnerships, and impact on our platform.

Employees

Renaud Laplanche

Co-Founder and CEO

Jeff Bogan

Co-Founder and CFO

Rajan Arora

Sr. Director of Engineering

Adelina Grozdanova

Co-Founder and Head of Investor Group

Jim Quinn

Director of Financial Institution Partnerships

Mark Ortiz

Independent Non-Executive Director, Chair of Board Audit Committee

Funding Rounds

Funding rounds

Investors

Lead Investors

Total Funding Amount

$587.0M

Details

Upgrade has raised a total of $587.0M in funding over 7 rounds.

Announcement date	Transaction name	Money raised
2020	Late Stage Venture	40.0M
2021	Late Stage Venture	105.0M
2021	Late Stage Venture	280.0M
2017	Early Stage Venture	60.0M

Investors

Upgrade is funded by 61 investors.

Investor Name	Lead Investor	Funding Round	Partners
Uprising Ventures	-	FUNDING ROUND - Uprising Ventures	60.0M
Vy Capital	-	FUNDING ROUND - Vy Capital	60.0M
Apoletto Managers	-	FUNDING ROUND - Apoletto Managers	60.0M
Upgrade	-	FUNDING ROUND - Upgrade	60.0M

Recent Activity

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