Upstart
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Investment Firm
Overview
Upstart is a lending platform that leverages artificial intelligence and machine learning to price credit and automates the borrowing process. The company's proprietary underwriting model identifies borrowers despite limited credit and employment history by using variables including schools attended, area of study, and work experience. Upstart powered banks can offer higher approval rates and experience lower loss rates*, while simultaneously delivering the exceptional digital-first lending experience their customers demand.
Upstart was founded in 2012 and headquartered in San Mateo, California and Columbus, Ohio.
Highlights
Founded
2012
Industry
Financial Services
Employees
1001-5000
Investment
1
Lead Investment
0
Exits
undefined
Stages
N/A
Investor Type
N/A
Location
United States, North America
Contact Information
Social
Profile Resume
Upstart, established in 2012 and headquartered in United States, North America., specializes in investments across Financial Services, Blockchain, Professional Services, Wealth Management, Hedge Funds, Venture Capital, Finance, FinTech, Business Development, Education. Their recent investments include Teller Finance, Franklin Templeton, Bessemer Venture Partners, Blockchain Capital. The highest investment round they participated in was $630.2M. Among their most notable exits are Teller Finance and Franklin Templeton. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
Upstart has made 1 investments. Their most recent investment was on Feb 23, 2022, when Teller Finance raised $6.8M.
investments
1
Diversity investments
0
Lead investments
0
Number of exits
undefined
Investments
1
| Annouced Date | Organization Name | Industry | Money Raised |
|---|---|---|---|
| Feb 23, 2022 | Teller Finance | Financial Services | 6.8M |
Exits
0
Funding Timeline
Funding rounds
1
Investors
21
Funds
0
Funding Rounds
1
Upstart has raised 1 rounds. Their latest funding was raised on Feb 23, 2022 from a Venture Round - Teller Finance round.
| Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
|---|---|---|---|---|
| Feb 23, 2022 | Venture Round - Teller Finance | - | 6.8M | - |
Investors
26
Upstart is funded by 26 investor(s). First National Bank Of Omaha and The Progressive Corporation Kantor are the most recent investors.
| Investor Name | Lead Investor | Funding Round | Money Raised |
|---|---|---|---|
Khosla Ventures | No | Series D - Upstart | 32.5M |
Healthcare of Ontario Pension Plan (HOOPP) | No | Series D - Upstart | 50.0M |
The Progressive Corporation | Yes | Series D - Upstart | 50.0M |
First National Bank Of Omaha | No | Series D - Upstart | 50.0M |
The Progressive Corporation
First National Bank Of OmahaFund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
| Annouced Date | Fund Name | Money Raised |
|---|---|---|
| May 10, 2013 | OTPPLESS | 1.0M |
| May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
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