Upstart
Upstart raises $400M Convertible Note at $3.7B valuation
Quick Facts
Upstart: Convertible Note Funding Round
Upstart has successfully raised $400M in Convertible Note funding, reaching a valuation of $3.7B.
Company Overview
AI lending platform
Funding Details
The Convertible Note round was led by Third Point Ventures, with participation from Khosla Ventures, Rakuten, Google Ventures, Institutional Venture Partners, Credicorp Capital.
Company Information
- Headquarters: 2950 South Delaware Street, San Mateo, CA 94403
- Founded: 2012
- Employees: 1800+
- Category: FinTech
Investment
Upstart plans to use the funds to accelerate product development, expand its team, and scale operations globally.
About the Investors
- Third Point Ventures: Verified investor in Convertible Note
- Khosla Ventures: Verified investor in Convertible Note
- Rakuten: Verified investor in Convertible Note
- Google Ventures: Verified investor in Convertible Note
- Institutional Venture Partners: Verified investor in Convertible Note
- Credicorp Capital: Verified investor in Convertible Note
Key Investors
About the Author
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