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Upstart logo — The AI lending marketplace redefining how America borrows.

Upstart

The AI lending marketplace redefining how America borrows.

Founded 2012 United States Burlingame, United States 1979 employees Series D Total: $144.05M AI, Finance +5

General Information

Company Name Upstart
Founded Year 2012
Location United States Burlingame, United States
Founders / Decision Makers
Team member
Employees 1979
Industries AI, Finance, Financial Services +4
Funding Stage Series D
Offices as of Oct 2026
Burlingame, United States Columbus, United States Austin, United States New York, United States
Social

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Growth Metrics Nov 01, 2026

The article discusses a significant market event for Upstart, referencing a 52% drop in value.

In The News Oct 30, 2026

Featured on Banking Dive: Dive Deposits: Black-owned bank repeatedly rebuffs offer from upstart

New Partnership Oct 21, 2026

Upstart expanded its partnership with MIT Federal Credit Union into indirect auto lending.

AI Insight

Bounce Watch AI
1 week ago

Upstart recently demonstrated a strategic deepening of its lending marketplace by expanding its partnership with MIT Federal Credit Union into indirect auto lending. This move highlights the company's focus on diversifying its loan product offerings and leveraging existing relationships to broaden its market footprint within the automotive sector. Such an expansion suggests a continued push into specialized lending segments, aiming to capture a larger share of the credit market through its AI-driven platform.

Signal Types
Partnership Expansion Product Diversification
Strategic Labels
Partnership Expansion Market Diversification Auto Lending Growth
Next Move: Expansion
·
Impact: 7/10
·
Ideal For: Fintech Growth Investors — Public Markets

About Upstart

Upstart is a leading AI lending marketplace, connecting millions of consumers to 100 banks and credit unions to deliver superior credit products. Utilizing AI models and cloud applications, Upstart enables lenders to approve more borrowers at lower rates across diverse demographics, delivering an exceptional digital-first experience. Founded in 2012, their platform includes personal loans, automotive retail and refinance loans, and small-dollar relief loans. With 80% of borrowers approved instantly and zero documentation required, Upstart provides a seamless process. Their mission is to enable access to effortless credit based on true risk. As a digital-first company, most Upstarters can work from anywhere in the U.S. while having offices in San Mateo, CA, Columbus, OH, and Austin, TX. This fosters a culture where individuals are energized by the impact they make at Upstart. Their last investment of $50.00M Series D occurred on April 8, 2019, with investors including HOOPP, First National Bank Of Omaha, and The Progressive Corporation. With a focus on Financial Services and Fintech, Upstart continues to lead in the AI lending space.

Business keywords: AI lending marketplace, Credit products, Digital first experience, Credit approval, Cloud applications, Automotive loans, Personal loans, Small-dollar loans, Risk assessment, Financial technology, Digital lending, Credit risk modeling, Financial Inclusion, Remote company culture

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series D $50.00M 3
HOOPP, The Progressive Corporation +1
08 Apr 2019
Series D $32.50M 5
First Round Capital, Khosla Ventures +3
02 Mar 2017
Series C $35.00M 6
First Round Capital, Khosla Ventures +4
16 Jul 2015
Series B $18.90M 3
Koa Labs, Khosla Ventures +1
01 Oct 2014
Series A $5.90M 9
Koa Labs, Founders Fund +7
22 Apr 2013
Venture Round Undisclosed 1
Koa Labs
27 Aug 2012
Seed Round $1.75M 6
New Enterprise Associates, Kleiner Perkins +4
08 Aug 2012

Upstart Alternatives & Competitors

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Upstart vs

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Upstart vs
mPokket
mPokket India

Instant loan ANYTIME.... ANYWHERE

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FAQ About Upstart

The AI lending marketplace redefining how America borrows.
Upstart was founded in 2012.
Upstart is headquartered in Burlingame, United States. As of Oct 2026, it also has offices in Columbus, United States, Austin, United States and New York, United States.
Upstart operates in AI, Finance, Financial Services, Fintech, Lending and Investments, Automotive and Machine Learning. Its work centres on AI lending marketplace, Credit products, Digital first experience and Credit approval.
Upstart has approximately 1979 employees.
Upstart has completed 7 funding rounds, raising a total of $144.05M. The latest funding stage is Series D.
Top alternatives and competitors to Upstart include IndiaLends, FlexiLoans, mPokket, Upwards Fintech (A Lendingkart brand), Credimi. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Upstart and IndiaLends are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Upstart, https://www.bouncewatch.com/company/upstart, updated 31 October 2026. When citing, please name BounceWatch and link this page.

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