About Upstart
Upstart (NASDAQ: UPST) is a leading AI lending marketplace partnering with banks and credit unions to expand access to affordable credit.
Headquarters
Upstart, San Mateo
Founded
2012-04-01
Industry
Artificial Intelligence (AI), Automotive, Consumer Lending, Credit, Financial Services, FinTech, Lending, Machine Learning, Personal Finance
Last Funding Type
Post Ipo Debt
Valuation
10
Total Funding
$944.05 million dollars
IPO Status
Public
Financial
Funding Rounds
9
Number of Lead Investors
5
Total Funding Amount
$944.05 million dollars
Number of Investors
21
Upstart vs. Other Decacorns
| Company | Valuation | Total Funding | Funding Rounds |
|---|---|---|---|
| Upstart | $10B | $944.05M | 9 |
| Weights & Biases | $5B | $250.00M | 7 |
| SeekOut | $1B | $188.60M | 4 |
| AUTO1 (WirKaufenDeinAuto) | - | - | - |
| Klarna | $20B | $4.55B | 34 |
| FTX | $33B | $1.83B | 7 |
| Dataiku | $4B | $846.84M | 11 |
| BitPanda | $4B | $554.01M | 7 |
| SandboxAQ | $8B | $825.00M | 3 |
| N26 | $9B | $1.72B | 12 |
| MoonPay | $31B | $650.68M | 8 |
| Circle (Financial Software) | $9B | $1.12B | 14 |
| Sila | $10B | $20.70M | 4 |
| Collibra | $5B | $596.52M | 9 |
| CloudWalk | $2B | $345.06M | 6 |
| Cerebras Systems | $26B | $715.00M | 7 |
| Wave (Financial Software) | $2B | $79.75M | 10 |
| Enya (Software Development Applications) | $3B | $1.50M | 2 |
| Latch | $1.6B | $342.12M | 7 |
| AvidXchange | $4.9B | $1.13B | 10 |
| Zoox | $2B | $1.01B | 5 |
| Adyen | $8.3B | $266.00M | 3 |
| SparkCognition | $1B | - | - |
| CoinTracker | $4B | $101.62M | 3 |
| Shield AI | $5B | $1.07B | 14 |
| Rover | $1B | - | - |
| Databricks | $38B | $14.00B | 13 |
| bolttech | $2B | $543.20M | 7 |
| Acorns | $4B | $510.01M | 13 |
| Asapp | $2B | $380.00M | 5 |
| NerdWallet | $4B | $105.00M | 6 |
| Bakkt | $2.1B | $857.50M | 4 |
| InsideSales.com | $3B | $251.20M | 6 |
| Gong.io | $7B | $583.00M | 8 |
| Anthropic | $12B | $13.74B | 11 |
| Dialpad | $2B | $450.00M | 9 |
| Grammarly | $39B | $400.00M | 3 |
| Jeeves | $14B | $443.00M | 6 |
| TaxBit | $3B | $253.36M | 8 |
| Revolut | $99B | $1.74B | 20 |
| Groq | $4B | $1.00B | 6 |
| Tesla | $684B | $20.16B | 39 |
| AUTO1 Group | $9.5B | $1.39B | 12 |
| Synthego | $1B | $459.69M | 9 |
| OpenWeb | $2B | $393.00M | 6 |
| Cylance | $1B | $297.00M | 6 |
| ZenBusiness | $2B | $276.96M | 7 |
| SentinelOne | $9B | $696.52M | 9 |
| Tonal | $3B | $580.00M | 7 |
| Pipe | $14B | $423.12M | 11 |
| AngelList | $287B | $170.20M | 8 |
| Tradeshift | $8B | $1.13B | 14 |
| Wrapbook | $1B | $150.60M | 4 |
| Qualia | $2B | $160.00M | 6 |
| Payoneer | $3.3B | $570.00M | 15 |
| Figure (Financial Software) | $6B | $1.55B | 10 |
| Younited Credit | $1B | - | 1 |
| Alan | $3B | $751.56M | 8 |
| Meta Platforms | $104B | $25.61B | 15 |
| MX | $2B | $450.00M | 4 |
| Trumid | $5B | $458.25M | 7 |
| Cedar | $3B | $419.36M | 6 |
| MobileCoin | $6B | $107.35M | 4 |
| Marqeta | $30B | $530.11M | 16 |
| Anduril | $25B | $3.67B | 8 |
| Paxos | $7B | $543.48M | 7 |
| Trax Retail | $5B | $1.08B | 13 |
| Skydio | $4B | $740.00M | 9 |
| Cruise | $330B | $15.97B | 13 |
| Vianai | $2B | $190.00M | 2 |
| Satispay | $1B | $533.14M | 11 |
| Clari | $3B | $496.00M | 8 |
| Pilot | $9B | $172.10M | 6 |
| Hugging Face | $10B | $395.20M | 7 |
| Vercel | $8B | $563.00M | 5 |
| Divvy | $7B | $417.50M | 5 |
| Placer.ai | $6B | $267.51M | 10 |
| Unit | $1B | $169.60M | 5 |
| Lucid | $3B | $3.82M | 4 |
| Aspiration | $13B | $250.00M | 5 |
| Udacity | $2B | $240.00M | 6 |
| Titan | $12B | $73.00M | 4 |
| CRED | $12B | $801.49M | 8 |
| Monzo Bank | $9B | $1.84B | 22 |
| Deposit Solutions | $1B | $198.87M | 6 |
| Evolv Technology | $1.7B | $483.32M | 10 |
| SWORD Health | $2B | $453.47M | 11 |
| HyperScience | $7B | $288.88M | 9 |
| SmartNews | $2B | $410.29M | 6 |
| Remitly | $6.9B | $526.74M | 15 |
| Privateer Holdings | $2B | $228.00M | 4 |
| Ramp | $41B | $1.82B | 10 |
| Cohesity | $10B | $955.00M | 10 |
| Gusto | $547B | $746.10M | 15 |
| Ava Labs | $11B | $290.00M | 6 |
| Dave | $4B | $646.30M | 10 |
| Avant (Online Lending Firm) | $6B | $2.08B | 13 |
| ThoughtSpot | $13B | $663.70M | 12 |
| Veriff | $6B | $192.32M | 7 |
| Motive | $3B | $567.30M | 9 |
| Clearco | $6B | $858.64M | 9 |
| Ada (Business/Productivity Software) | $1B | $190.62M | 7 |
| Rebellion Defense | $1B | $150.00M | 2 |
| Stripe | $559B | $9.44B | 20 |
| Happy Money | $5B | $337.15M | 8 |
| Luminar | $2.9B | $709.75M | 11 |
| AlphaSense | $2B | $1.42B | 12 |
| LendingClub | $5.4B | $392.23M | 15 |
| Brex | $123B | $1.46B | 12 |
| Cresta | $6B | $276.00M | 5 |
| MarkForged | $2.1B | $346.80M | 7 |
| Invoca | $1B | $201.50M | 7 |
| Hippo Enterprises | $5B | $1.26B | 10 |
| People.ai | $4B | $200.00M | 9 |
| Kraken | $32B | $30.55M | 20 |
| Graphcore | $8B | $682.00M | 7 |
| Wealthfront | $28B | $274.20M | 7 |
| CleanCapital | $2B | $1.21B | 8 |
| Alation | $7B | $314.95M | 7 |
| Roofstock | $6B | $365.25M | 11 |
| Nubank | $41B | $4.17B | 15 |
| Fundbox | $8B | $553.50M | 9 |
| View (Building Products) | $1.6B | $2.57B | 20 |
| Vast | $4B | $381.00M | 7 |
| Handshake | $4B | $700.00K | 1 |
| Plaid | $40B | $734.30M | 6 |
| Mercury | $37B | $152.21M | 7 |
| Forge Global | $2B | $357.00M | 11 |
| Chainalysis | $9B | $536.62M | 13 |
| Automile | $4B | $47.31M | 4 |
| FiscalNote | $1.3B | $637.33M | 23 |
| Salt Security | $1B | $271.00M | 8 |
| SumUp | $16B | $4.02B | 17 |
| Divvy Homes | $4B | $1.23B | 7 |
| Addepar | $11B | $531.36M | 7 |
| Coda Payments | $3B | $715.25M | 8 |
| Uala | $3B | $844.00M | 7 |
| Signifyd | $4B | $409.00M | 7 |
| Spendesk | $3B | $311.85M | 6 |
| Pilot.com | $1B | $172.10M | 6 |
| DataStax | $5B | $342.57M | 10 |
| Insider | $5B | $772.10M | 9 |
| TradingView | $6B | $388.75M | 11 |
| OpenAI | $20B | $21.90B | 10 |
| Razorpay | $47B | $816.31M | 10 |
| Innovaccer | $3B | $379.10M | 7 |
| Iterable | $2B | $342.20M | 7 |
| Dataminr | $41B | $1.05B | 14 |
| Mirakl | $7B | $6.41M | 5 |
| Bellabeat | $8B | $18.82M | 7 |
| Skrill | $1B | - | - |
| Moveworks | $4B | $305.00M | 3 |
| Lendable | $19B | $1.61B | 10 |
| GrubMarket | $20B | $499.10M | 8 |
| Funding Circle | $2B | $746.45M | 10 |
| Flywire | $8B | $583.30M | 10 |
| Chipper Cash | $2B | $337.20M | 7 |
| Blockstream | $3B | $634.00M | 7 |
| Outreach | $22B | $489.02M | 13 |
| Xoom. | $0.5B | $104.35M | 7 |
| smava | $2B | $188.68M | 7 |
| SoundHound | $2.1B | $451.00M | 11 |
| PayPal Holdings | $46.6B | $5.22B | 6 |
| Salesforce | $1.1B | $65.38M | 7 |
| iRobot | $2B | $230.00M | 6 |
| eToro | $20B | $692.70M | 18 |
| $23.1B | $26.10M | 3 | |
| Credit Karma | $7B | $868.00M | 8 |
| Clio | $3B | $1.29B | 6 |
| Tipalti | $25B | $715.00M | 10 |
| Kong | $7B | $344.10M | 7 |
| Owkin | $3B | $304.10M | 8 |
| Wise (Financial Software) | $11B | $1.67B | 13 |
| Aiven | $6B | $420.00M | 6 |
| Wyre | $5B | $29.15M | 9 |
| Riskified | $3.3B | $228.65M | 8 |
| Truebill | $13B | $27.03M | 7 |
| Expensify | $2.2B | $138.20M | 9 |
| Public.com | $10B | $443.50M | 10 |
Investment history
| Round number | date | Post-round evaluation | investors |
|---|---|---|---|
| №1 | 12.11.2024 | $425.00 million dollars | |
| №2 | 17.09.2024 | $375.00 million dollars | |
| №3 | 08.04.2019 | $50.00 million dollars |
Progressive |
| №4 | 02.03.2017 | $32.50 million dollars |
Rakuten |
| №5 | 16.07.2015 | $35.00 million dollars |
Third Point Ventures |
| №6 | 01.10.2014 | $18.90 million dollars |
Khosla Ventures |
| №7 | 22.04.2013 | $5.90 million dollars |
First Round Capital |
| №8 | 27.08.2012 | $5.90 million dollars | |
| №9 | 08.08.2012 | $1.75 million dollars |