Upgrade, Inc. is a leading fintech unicorn that was founded in 2016. The company has made a significant impact in the financial services, fintech, mobile, and banking industries. Its mission is to help customers access over $25 billion in consumer credit, offering credit lines, personal loans, and Rewards Checking or Premier Savings accounts. Upgrade's innovative Upgrade Card has gained tremendous success, being recognized as the fastest growing credit card in America for two consecutive years by the Nilson Report. The company's commitment to excellence is reflected in its accolades, including being named a “Best Place to Work in the Bay Area” for the last three years, as well as one of the “Top Companies to work for in Arizona” in 2021 and 2022. In November 2021, Upgrade, Inc. secured a substantial $280.00M Series F investment from a consortium of notable investors including Coatue, Ribbit Capital, DST Global, Sands Capital Ventures, Dragoneer Investment Group, Gopher Asset Management, G Squared, Koch Disruptive Ventures, Old Well Ventures, and Ventura Capital. This extensive funding round is a testament to the confidence and support of the investor community in Upgrade's innovative approach and market potential. With its strategic position in the United States, Upgrade, Inc. is poised for further growth and disruption in the financial industry.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series F | $280.00M | 10 | 16 Nov 2021 | |
Series E | $105.00M | 5 | 11 Aug 2021 | |
Series D | $40.00M | 10 | Silicon Valley Bank | 17 Jun 2020 |
Series C | $62.00M | 10 | Silicon Valley Bank, Noah Holdings +2 | 23 Aug 2018 |
Series B | $40.00M | - | 27 Feb 2018 |
No recent news or press coverage available for Upgrade, Inc..