Overview

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Total Equity Funding
$53.15M in 4 Rounds from 13 Investors
Most Recent Funding
$35M Series C on July 16, 2015
Headquarters:
Palo Alto, CA
Description:
Upstart is an online lending platform that uses data to bring together high potential borrowers and investors.
Founders:
, ,
Categories:
Credit, Internet, Lending, Finance
Website:
http://www.upstart.com
Social:

Company Details

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Founded by ex-Googlers, Upstart is an online lending platform that goes beyond the FICO score to finance people based on signals of their potential, including schools attended, area of study, academic performance, and work history. Our proprietary underwriting model identifies high-quality borrowers despite limited credit and employment experience.

Upstart offers 3-year and 5-year fixed interest loans. Funds can be used for almost anything, including starting a business, paying for a coding bootcamp, eliminating student debt or paying off credit cards.

Funding Rounds (4) - $53.15M

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DateAmount / RoundValuationLead InvestorInvestors
Jul, 2015$35M / Series C4
Oct, 2014$10.5M / Series B0
Apr, 2013$5.9M / Series A7
Aug, 2012$1.75M / Seed6

Current Team (6)

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Board Members and Advisors (2)

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Competitors (4)

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  • We're building the modern bank for the next generation.
  • Lending Club is an online financial community that brings together creditworthy borrowers and savvy investors.
  • Pave provides Millennials with access to the funding they need to achieve their personal and financial goals
  • The first marketplace lender in the U.S, Prosper Marketplace helps people get on top of their finances.

Offices/Locations (1)

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  • Headquarters

    PO Box 61203

    Palo Alto, CA 94306

    USA

Past Team (2)

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