Upgrade

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
How much has Upgrade raised?
$795.5Macross 1 recorded rounds · Oct 2025 – Oct 2025

Most recently, Upgrade raised $165.0M in its Later Stage VC (Series G) (Oct 2025).

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Upgrade round by round

1 rounds
Oct 2025Later Stage VC (Series G)$165.0M▮
+ 1 more investors · free account

How much has Upgrade raised?

Upgrade has raised $796 million in total; 1 of its rounds is on record. The largest on record was a $165 million Series G in Oct 2025.

Upgrade investors

53 investors are on record for Upgrade, including Coatue Management, Quiet Capital, TriplePoint Capital and DST Global. By type, the record holds 17 venture capital firms and 4 asset managers. The Series G in Oct 2025 drew 18 investors.

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Frequently asked about Upgrade

How much has Upgrade raised?
Upgrade has raised $795.5M in total across 1 recorded funding rounds.
When was Upgrade's last funding round?
Upgrade's most recent recorded round was Later Stage VC (Series G) in Oct 2025, raising $165.0M.