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Upgrade, Inc. - Company Overview, Founder, CEO, Funding & Investment Details

Complete information about Upgrade, Inc. including founder details, CEO information, total funding raised, headquarters location, team size, and recent investment rounds.

Upgrade, Inc. company logo

Improving access to affordable responsible credit since 2017.

Upgrade is a fintech unicorn that has helped customers access over $39 billion in consumer credit, providing innovative financial products like personal loans, the Upgrade Card, and high-yield savings accounts.

HeadquartersSan Francisco, California, United States
Team size1001-5000
Founded2016

What is Upgrade, Inc.? - Company Overview & Details

Upgrade, Inc. is Upgrade is a fintech unicorn that has helped customers access over $39 billion in consumer credit, providing innovative financial products like personal loans, the Upgrade Card, and high-yield savings accounts. Founded in 2016, the company is headquartered in San Francisco, California, United States.

Who Founded Upgrade, Inc.?

Upgrade, Inc. was founded by Renaud Laplanche.

Who are the Key Executives at Upgrade, Inc.? - Leadership Team

Upgrade, Inc. is led by experienced executives in key positions:

Upgrade, Inc. Company Details & Key Information

Where is Upgrade, Inc. located?

Upgrade, Inc. is headquartered in San Francisco, California, United States.

How many employees does Upgrade, Inc. have?

Upgrade, Inc. has 1001-5000 employees.

When was Upgrade, Inc. founded?

Upgrade, Inc. was founded in 2016.

How much funding has Upgrade, Inc. raised?

Upgrade, Inc. has raised $6.4 Billion across 8 funding rounds. The most recent funding was completed on 2021-11-16.

Funding Overview

Upgrade, Inc. has raised a total of $600 million in equity capital since its inception in 2016, with the latest round being a $280 million Series F led by Coatue Management.

$6.4 Billion
Total Funding Raised
8
Funding Rounds
2021-11-16
Latest Round

Upgrade, Inc. Funding History

Series F
2021-11-16
$280 million$6 billion valuation
Series E
2021-08-11
$105 million$3.325 billion valuation

Who are the key investors in Upgrade, Inc.?

Upgrade, Inc. is backed by 2 key investors including Coatue Management, Santander InnoVentures. These investors focus on Technology, Finance, Fintech sectors.

Upgrade, Inc. Investor Overview

2
Key Investors
4
Focus Areas
2
Notable Investments

Complete List of Upgrade, Inc. Investors

Coatue Management

An investment firm focusing on private and public companies across multiple sectors.

Investment Focus
Technology
Finance
Notable Portfolio Companies
Upgrade, Inc.

Santander InnoVentures

The venture capital arm of Santander Group focused on fintech.

Investment Focus
Fintech
Banking
Notable Portfolio Companies
Upgrade, Inc.

What sectors do Upgrade, Inc. investors focus on?

The investors backing Upgrade, Inc. primarily focus on Technology, Finance, Fintech, Banking sectors.

Technology
Finance
Fintech
Banking

Featured Investor: Coatue Management

Coatue Management

An investment firm focusing on private and public companies across multiple sectors.

Notable Investments: Upgrade, Inc.

What are Upgrade, Inc.'s future plans?

Upgrade, Inc. To expand its product offerings and grow its customer base in the credit space.

Upgrade, Inc. Strategic Outlook

Strategic Focus
Defined
2
Key Challenges
2
Growth Opportunities

What challenges does Upgrade, Inc. face?

Upgrade, Inc. has identified 2 key challenges that need to be addressed for continued growth and success.

Key Challenges for Upgrade, Inc.

1

Competition in the fintech sector

2

Economic fluctuations affecting lending

What opportunities does Upgrade, Inc. have?

Upgrade, Inc. has identified 2 key opportunities for growth and market expansion.

Growth Opportunities for Upgrade, Inc.

1

Expansion of product lines

2

Growth in consumer demand for digital banking

Upgrade, Inc. Strategic Position Summary

Key Focus Areas

Upgrade, Inc. is addressing 2 strategic challenges to strengthen its market position.

Growth Potential

The company has identified 2 key opportunities for expansion and growth.

What are the latest news about Upgrade, Inc.?

Upgrade, Inc. has 2 recent news updates covering key business developments and market activities.

Upgrade, Inc. News Overview

2
Recent Articles
Active
Media Coverage
2025-01-30
Latest Update

What is Upgrade, Inc. in the news for?

Upgrade, Inc. is currently featured in news for RevlTek, LLC partnered with Upgrade, Inc. on Jan 30th '25. and other significant business developments.

Recent News Articles About Upgrade, Inc.

Article 1
2025-01-30

RevlTek, LLC partnered with Upgrade, Inc. on Jan 30th '25.

RevlTek partners with Upgrade to enhance and diversify loan portfolio management.

einnews.com
Read News
Article 2
2025-01-23

Upgrade, Inc. hires Jeffrey Meiler as Chief Operating Officer.

Jeffrey Meiler joins Upgrade as Chief Operating Officer (COO).

credify.tech
Read News

Upgrade, Inc. FAQ - Frequently Asked Questions About Founder, CEO, Funding & Company Details

Find answers to the most common questions about Upgrade, Inc. including information about founders, CEO, funding history, investors, headquarters location, and company details. 15 frequently asked questions covering key information about the company.

Upgrade, Inc. Questions & Answers - Company Information

Q1

What is Upgrade, Inc.?

Upgrade is a fintech unicorn that has helped customers access over $39 billion in consumer credit, providing innovative financial products like personal loans, the Upgrade Card, and high-yield savings accounts.

Q2

Who founded Upgrade, Inc.?

Upgrade, Inc. was founded by Renaud Laplanche.

Q3

How much funding has Upgrade, Inc. raised?

Upgrade, Inc. has raised a total of $$6.4 Billion across 8 funding rounds. The most recent funding was completed on 2021-11-16.

Q4

Who are the investors in Upgrade, Inc.?

Upgrade, Inc.'s key investors include Coatue Management, Santander InnoVentures.

Q5

Where is Upgrade, Inc. headquartered?

Upgrade, Inc. is headquartered in San Francisco, California, United States.

Q6

When was Upgrade, Inc. founded?

Upgrade, Inc. was founded in 2016.

Q7

How many employees does Upgrade, Inc. have?

Upgrade, Inc. has 1001-5000 employees.

Q8

What was Upgrade, Inc.'s latest funding round?

Upgrade, Inc.'s latest funding round was a Series F round of $$280 million completed on 2021-11-16.

Q9

What does the company do?

Upgrade is a fintech company that offers affordable and responsible credit to mainstream consumers through personal loans, mobile banking, and payment products.

Q10

How much funding?

$6.4 Billion

Q11

Latest funding date?

2021-11-16

Q12

Who are the investors?

Coatue Management Santander InnoVentures

Q13

What are the challenges?

Competition in the fintech sector Economic fluctuations affecting lending

Q14

What are the opportunities?

Expansion of product lines Growth in consumer demand for digital banking

Q15

Latest news?

RevlTek partners with Upgrade to enhance and diversify loan portfolio management. Jeffrey Meiler joins Upgrade as Chief Operating Officer (COO).

More Information About Upgrade, Inc.

For additional details about Upgrade, Inc., including the latest news, funding updates, and company developments, explore our comprehensive company database. Find information about startup funding, company valuations, executive leadership, and business intelligence data.