Upgrade
Founded Year
2016Stage
Series F | AliveTotal Raised
$562.5MValuation
$0000Last Raised
$280M | 3 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-34 points in the past 30 days
About Upgrade
Upgrade is a financial technology company operating in the consumer credit sector. The company offers services such as personal loans, credit lines, and rewards checking and premier savings accounts, all aimed at helping customers access and manage credit. Their primary market includes families across America. It was founded in 2016 and is based in San Francisco, California.
Loading...
ESPs containing Upgrade
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The home improvement financing market encompasses a variety of financial solutions designed to fund home renovation, remodeling, or improvement projects. It offers homeowners the means to enhance the value, functionality, and aesthetics of their properties without depleting their savings. Home improvement financing solutions may include home equity loans, lines of credit, personal loans, or specia…
Upgrade named as Challenger among 12 other companies, including SoFi, LendingClub, and Prosper.
Upgrade's Products & Differentiators
Upgrade Card
Upgrade Card is the only credit card that is "good for you": it comes with low-cost credit and helps consumers pay down their balance faster
Loading...
Research containing Upgrade
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Upgrade in 3 CB Insights research briefs, most recently on Oct 3, 2023.
Oct 3, 2023 report
Fintech 100: The most promising fintech startups of 2023
Expert Collections containing Upgrade
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Upgrade is included in 8 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,249 items
Fintech 100
1,247 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Digital Lending
2,271 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Payments
3,034 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Tech IPO Pipeline
825 items
Future Unicorns 2019
50 items
Upgrade Patents
Upgrade has filed 4 patents.
The 3 most popular patent topics include:
- assisted reproductive technology
- battery charging
- battery electric cars
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
10/20/2022 | 9/17/2024 | Fertility medicine, Fertility, Assisted reproductive technology, Obstetrics, Human reproduction | Grant |
Application Date | 10/20/2022 |
|---|---|
Grant Date | 9/17/2024 |
Title | |
Related Topics | Fertility medicine, Fertility, Assisted reproductive technology, Obstetrics, Human reproduction |
Status | Grant |
Latest Upgrade News
Oct 17, 2024
Nutmeg State Financial Credit Union taps Alkami for digital banking upgrade 17th October 2024 Nutmeg State Financial Credit Union has teamed up with Texas-based banking tech vendor Alkami Technology to revamp its digital banking services. Alkami signs Nutmeg State Financial Credit Union as a new client The credit union, the sixth-largest in Connecticut, US, has selected Alkami for its Digital Banking Platform to provide its members with “a wide range of online and mobile banking services, ranging from account aggregation, and financial wellness education and services”. Alkami says Nutmeg State Financial Credit Union will leverage the platform to offer “advanced account management features such as instant loan payments, powerful account monitoring and payment options”. Furthermore, the vendor states that the lender will now gain access to enhanced data and analytics that will enable it to better understand member behaviour, leading to “new avenues” to personalise customer experience. Greg Angelillo, CEO at Nutmeg State Financial Credit Union, says the strategic move comes “after nearly two years of planning and a thorough review”, with the lender applying a “rigorous scoring methodology” when selecting Alkami’s solution. Founded in 2009, Alkami provides financial institutions with a comprehensive suite of cloud-based solutions focused on three primary areas: digital banking, data and marketing and ACH reporting. Nutmeg State Financial Credit Union joins a recent wave of client wins for the vendor, which includes Massachusetts’ IC Credit Union , Elevations Credit Union in Colorado and Montana’s Intrepid Credit Union .
Upgrade Frequently Asked Questions (FAQ)
When was Upgrade founded?
Upgrade was founded in 2016.
Where is Upgrade's headquarters?
Upgrade's headquarters is located at 275 Battery Street, San Francisco.
What is Upgrade's latest funding round?
Upgrade's latest funding round is Series F.
How much did Upgrade raise?
Upgrade raised a total of $562.5M.
Who are the investors of Upgrade?
Investors of Upgrade include Ribbit Capital, VY Capital, Sands Capital, Ventura Capital, Coatue and 19 more.
Who are Upgrade's competitors?
Competitors of Upgrade include Prodigy Finance, Tala, Kissht, Best Egg, Happy Money and 7 more.
What products does Upgrade offer?
Upgrade's products include Upgrade Card and 2 more.
Loading...
Compare Upgrade to Competitors
Tala serves as a financial platform focused on providing digital financial services across multiple sectors. The company offers instant access to credit, payments, savings, and transfer services through its app, utilizing AI for personalized financial solutions. Tala primarily serves individuals who seek to manage their finances with innovative technology. Tala was formerly known as InVenture. It was founded in 2011 and is based in Santa Monica, California.
Branch International offers a mobile application. The company offers a range of digital banking products such as instant loans, money transfers, bill payments, high-yield investments, and savings, all accessible via a smartphone-based application. Branch International primarily serves customers in emerging markets. It was founded in 2015 and is based in San Francisco, California.
Prodigy Finance is a financial services company specializing in education loans for international students pursuing master's degrees. The company offers collateral-free loans to cover tuition and living expenses, aimed at students who wish to study abroad without the need for a co-signer or collateral. Prodigy Finance primarily serves the higher education sector, facilitating access to top-tier educational institutions globally. It was founded in 2007 and is based in London, United Kingdom.
Brighte is a company that focuses on the financial and sustainable energy sectors. It provides financing solutions for solar systems and energy-efficient home products, making these sustainable upgrades more affordable and accessible. The company primarily serves the residential and small to medium-sized business sectors. It was founded in 2015 and is based in Sydney, New South Wales.
Kissht is a financial technology company that focuses on providing instant credit solutions in the financial services industry. The company offers a range of services including personal loans, credit for small business purchases, and a line of credit. These services are primarily targeted toward the e-commerce industry. The company was founded in 2015 and is based in Mumbai, India.
Avant is a financial technology company that specializes in providing personal loans and credit cards. The company offers a range of financial solutions designed to help individuals manage their finances and achieve their personal goals. Avant primarily serves consumers looking for credit and loan products to support their financial needs. It was founded in 2012 and is based in Chicago, Illinois.
Loading...