Down 31% since its later-stage round, Oct 2025 ($7.3B post-money). The secondary market quotes about $3 per share.
- ·The monthly marks chart, 46 months in dollars
Membership and data by Private Market View
Valuation timeline
0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026Membership and data by Private Market View
Secondary market
monthly marks · 46 months · Jan 2023 – Oct 2026Membership and data by Private Market View
Upgrade funding history
1 rounds| Date | Round | Raised | Post-money | $/share |
|---|---|---|---|---|
| Oct 2025 | Later Stage VC (Series G) | $165.0M | ▮ | ▮ |
Membership and data by Private Market View
Upgrade valuation
Upgrade is valued at approximately $5 billion as of Oct 2026. The figure is set by secondary market price. The secondary market quotes about $3 per share. The reference point is its later-stage round in Oct 2025, at a $7.3 billion post-money valuation; the current figure is down 31% since.
Upgrade ranks 33rd by valuation and 51st by capital raised among the private companies PrivateMarketView tracks.
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 secondary market activity
A monthly secondary-market price series for Upgrade runs from Jan 2023 to Oct 2026 (46 months).
Comparable companies
Comparable consumer finance names by valuation on PrivateMarketView: Creditas ($3.3 billion), Avanse Financial Services ($963 million) and Abhi ($107 million).
How Upgrade's valuation is determined
Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.
For Upgrade, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by secondary market price. Question about this number? Full methodology →
Frequently asked about Upgrade
- What is Upgrade worth?
- Upgrade is valued at $5.0B as of Oct 2026. Down 31% since its later-stage round, Oct 2025 ($7.3B post-money).
- How much has Upgrade raised?
- Upgrade has raised $795.5M in total funding across 1 recorded rounds.
- When did Upgrade last raise?
- Upgrade last raised in Oct 2025 (Later Stage VC (Series G)), raising $165.0M.