• FOUNDING YEAR: 2012
    LOCATION:
    United States
    REGION:
    California
    Last Update:
    9 Sep, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Online Lending Platform. Helps debt holders to consolidate their debts, reduce the interest rate and accelerate repayment period.
REVENUE MODEL:
Viewable by subscribers only
EXISTING PARTNERSHIPS:
Health Club experts Even Financial - Lending platform for Upstart.
COMMENT
Credit scores are given in non traditional way which makes use of student's future potential rather than past history.

PEOPLE

FOUNDERS:
Anna M. Counselman, Paul Gu, Dave Girouard
Board Members and Advisors:
Geoff Lewis, Jessica Jackley
NUMBER OF EMPLOYEES:
51-200
INVESTORS:
Collaborative Fund, Khosla Ventures, Founders Fund, Marc Benioff, First Round, Third Point Ventures, Scott Banister, Marc Benioff, Eric Schmidt, CrunchFund, Mark Cuban, Google Ventures, Kleiner Perkins Caufield & Byers, New Enterprise Associates, Rakuten

TRACTION

VALUATION / MARKET CAP:
$437.5 MM in 2015

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$85.65 Millions
DATE OF LAST FUNDING:
Mar 2017
SEED & PRIOR FUNDING:
$1.75 Millions
SEED CLOSED ON:
Aug 2012
FUNDING SERIES:
SERIES A
$5.9 Millions Closed: Apr 2013
SERIES B
$10.5 Millions Closed: Oct 2014
SERIES C
$35 Millions Closed: Jul 2015
LISTED:
NO
COMMENT:
Series D: $32.5 M(Mar 2017)

LATEST RESEARCH