Upgrade Stock
Online Consumer Credit Platform
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Invest in or value your shares in one or many pre-IPO companies through an EquityZen investment vehicle.
About Upgrade Stock
Upgrade is a neobank that aims to offer credit to mainstream consumers as well as help consumers better understand and manage their money. Upgrade Card claims to provide a credit card that brings the low cost and responsible credit of installment lending to millions of retail locations in the U.S., while Upgrade Account is a mobile banking product offered to mainstream consumers.
Founded in 2016, Upgrade is headquartered in San Francisco, California, with a service center in Phoenix, Arizona, and a technology center in Montreal, Canada. Notable investors include CreditEase Fintech Investment Fund, Mouro Capital, and Silicon Valley Bank.
Investors
Union Square Ventures
Coinbase, Upgrade, MongoDB, C2FO, Stash Financial, Twilio, Funding Circle, Etsy, CloudFlare, Lending Club
FirstMark Capital
Pinterest, Discord, Upgrade, Cockroach Labs, Aura Financial Corporation, Pendo, InVision, DraftKings, Hyperscience, Shopify
CreditEase Fintech Investment Fund
Tradeshift, Circle, Fair, Upgrade, Addepar, Figure, Fundbox, Cross River, H2O.ai, Taulia
Vy Capital
Zomato, Coalition, Cerebras Systems, Urban Company, Upgrade, OfferUp, HZO, dYdX
Noah Holdings
Funding History
September 2016 | $2.5M |
---|---|
October 2016 | $3.3M |
November 2016 | $42.3M |
November 2017 | $20.0M |
August 2018 | $93.1M |
August 2018 | $9.9M |
June 2020 | $81.7M |
July 2021 | $105M |
November 2021 | $280M |
Management
Chief Executive Officer
Renaud Laplanche
Chief Finance Officer
Jeff Bogan
Press
crowdfundinsider - Dec, 16 2023
Upgrade Introduces Secured OneCard, CEO Renaud Laplanche Still Says No Bank Charter on the Horizonamericanbanker - Dec, 15 2023
Upgrade says its secured card has trifecta of differentiatorspymnts - Dec, 15 2023
Upgrade Offers Secured Card With Rewards and Fraud Protectionpymnts - Aug, 30 2023
FinTech Upgrade Expands Services to Include Consumer Auto Loansbizjournals - Jul, 28 2023
Upgrade buys BNPL company Sunnyvale-based Uplift