Consumer Finance · San Francisco, CA · Founded 2016 · Privately Held (backing)
Developer of a financial technology platform designed to provide responsible access to credit and banking services. Upgrade is based in San Francisco, CA and was founded in 2016. It is valued at about $5 billion as of Oct 2026, set by secondary market price, down 31% since its later-stage round in Oct 2025. It has raised $796 million across 1 recorded round; the latest was a $165 million Series G in Oct 2025.
PMV mark · valuation
$5.0B
Oct 2026
Secondary market · $/share
$3
Total raised
$795.5M
Last round
Later Stage VC (Series G)
Oct 2025
Cap table — not yet on record
Upgrade's share-class structure hasn't surfaced in our sources yet. Cap tables are assembled from certificates of incorporation, round filings, and disclosures as they land.
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