Fundraising FoxOportun
NASDAQ: OPRTRedwood City, US · Founded 2011 · Public · 9 known investors
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Oportun is a mission-driven financial services company that provides personal loans, credit cards and savings tools to underserved consumers in the US, using AI-driven underwriting; it listed on the Nasdaq in 2019.
Founders & leadership
Oportun was founded in 2011 by James Gutierrez.
Board
Investors · 9
How we know: Connetic Ventures's portfolio page · Not right? Tell us
How we know: Core Venture Capital's portfolio page · the VCSheet dataset · corevc.com · Not right? Tell us
How we know: CRV (Charles River Ventures)'s portfolio page · crv.com · Not right? Tell us
How we know: Dag Ventures's portfolio page · dagventures.com · Not right? Tell us
How we know: Glynn Capital Management's portfolio page · glynncapital.com · Not right? Tell us
How we know: greatoaksvc.com · Not right? Tell us
How we know: a partner's Signal profile · the VCSheet dataset · greylock.com · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$194.9M disclosed across 3 rounds · 2011–2021
▶$86.2MraisedJan 2022 · 58 investors · Other Banking and Financial ServicesRule 506(b)
- David NeedhamExecutive Officer
- Sandra SmithDirector
- R. Neil WilliamsDirector
- Jonathan CoblentzExecutive Officer
- Raul VazquezExecutive Officer, Director
- Jo Ann BarefootDirector
- Patrick KirschtExecutive Officer
- Louis P. MiramontesDirector
- Frederic WeltsDirector
- Carl PascarellaDirector
- Aida M. AlvarezDirector
- Matthew JenkinsExecutive Officer
- David StrohmDirector
- Roy BanksDirector
- Ginny LeeDirector
- Joan AristeiExecutive Officer
- Offering amount
- $86.2M
- Amount sold
- $86.2M
- First sale
- Dec 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$90.2MraisedFeb 2015 · 21 investors · Other Banking and Financial ServicesRule 506(b)
- Scott HarveyExecutive Officer
- David StrohmDirector
- Louis MiramontesDirector
- Chris LarsenDirector
- Raul VazquezExecutive Officer, Director
- Aida AlvarezDirector
- Thomas PattersonDirector
- Jonathan CoblentzExecutive Officer
- Carl PascarellaDirector
- Dean FlorezDirector
- Jules MaltzDirector
- Offering amount
- $91.1M
- Amount sold
- $90.2M
- Sales commissions
- $3.6M
- Placement agents
- Morgan Stanley & Co., LLC
- First sale
- Feb 2015
- Incorporated
- Corporation, Delaware, 2011
- Federal exemptions
- 06b
▶$18.4MraisedJan 2012 · 13 investors · Other Banking and Financial ServicesRule 506(b)
- David StrohmDirector
- Aida AlvarezDirector
- Chris LarsenDirector
- James GutierrezExecutive Officer, Director
- Jonathan CoblentzExecutive Officer
- Thomas PattersonDirector
- Saar GurDirector
- David TomlinsonExecutive Officer, Director
- Carl PascarellaDirector
- Offering amount
- $40M
- Amount sold
- $18.4M
- Finders' fees
- $134K
- Placement agents
- UBS Securities LLC
- First sale
- Dec 2011
- Incorporated
- Corporation, Delaware, 2011
- Federal exemptions
- 06
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
4 people who came through Oportun went on to found or lead other companies.
Acquisitions · 1
Early investors' stakes continue via these dealsDigit offers a personal savings app called Set & Save that analyzes a user's income and spending habits to automatically move affordable amounts into savings toward custom goals. It also protects account balances and saves ahead for upcoming bills, serving individual consumers through a subscription model.
In the news
Frequently asked questions
- What does Oportun do?
- Oportun is a mission-driven financial services company that provides personal loans, credit cards and savings tools to underserved consumers in the US, using AI-driven underwriting; it listed on the Nasdaq in 2019.
- Who founded Oportun?
- Oportun was founded by James Gutierrez in 2011.
- Who are Oportun's investors?
- Oportun's investors include Connetic Ventures, Core Venture Capital, CRV (Charles River Ventures), Dag Ventures, FJ Labs, Glynn Capital Management, Great Oaks Venture Capital, Greylock Partners and 1 more.
- How much funding has Oportun raised?
- Oportun has disclosed $194.9M raised across 3 rounds.
- Is Oportun publicly traded?
- Yes — Oportun trades on NASDAQ under the ticker OPRT.
- Where is Oportun headquartered?
- Oportun is headquartered in Redwood City, US.