Upstart
NASDAQ: UPSTalso invests · investor profilePalo Alto, US · Founded 2013 · Public · 20 known investors
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Upstart is an AI lending marketplace that partners with banks and credit unions to underwrite personal, auto and small-dollar loans on more than traditional credit scores; it went public on the Nasdaq in December 2020.
Founders & leadership
Upstart was founded in 2013 by Paul Gu and Dave Girouard.



Board

Investors · 20
How we know: Alumni Ventures's portfolio page · Not right? Tell us
How we know: Ballistic Ventures's portfolio page · Not right? Tell us
How we know: Basecamp Fund's portfolio page · Not right? Tell us
How we know: Collaborative Fund's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: Correlation Ventures's portfolio page · Not right? Tell us
How we know: CrunchFund's portfolio page · Not right? Tell us
How we know: Eudemian Ventures's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: First Round Capital's portfolio page · the VCSheet dataset · firstround.com · Not right? Tell us
How we know: GV (Google Ventures)'s portfolio page · Not right? Tell us
How we know: Innovation Global Capital's portfolio page · Not right? Tell us
How we know: Khosla Ventures's portfolio page · the S-1 prospectus · the VCSheet dataset · Not right? Tell us
How we know: Kleiner Perkins's portfolio page · Not right? Tell us
How we know: Menlo Ventures's portfolio page · Not right? Tell us
How we know: Rakuten Capital's portfolio page · Not right? Tell us
How we know: Third Point Ventures's portfolio page · the S-1 prospectus · Not right? Tell us
How we know: Tuesday Capital's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: Wonder Ventures's portfolio page · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$169M disclosed across 5 rounds · 2013–2016
▶$99.5MraisedJul 2018 · 2296 investors · Other Banking and Financial ServicesRule 506(b)
- David Joseph GirouardExecutive Officer, Director, Promoter
- Sanjay DattaExecutive Officer
- Alison Fiona NicollExecutive Officer
- Offering amount
- $150M
- Amount sold
- $99.5M
- Minimum investment
- $100
- First sale
- May 2014
- Incorporated
- Business Trust, Delaware, 2014
- Federal exemptions
- 06b
▶$32.4MraisedMar 2017 · 11 investors · OtherRule 506(b)
- David GirouardExecutive Officer, Director
- Alison NicollExecutive Officer
- Paul GuDirector
- Oskar Mielczarek de la MielDirector
- Robert SchwartzDirector
- Andy PalmerDirector
- Offering amount
- $56.6M
- Amount sold
- $32.4M
- First sale
- Nov 2016
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
▶$35MraisedJul 2015 · 13 investors · Other Banking and Financial ServicesRule 506(b)
- Rob SchwartzDirector
- Alison NicollExecutive Officer
- Andy PalmerDirector
- David GirouardExecutive Officer, Director
- Ryan RandallExecutive Officer
- Paul GuDirector
- Offering amount
- $35M
- Amount sold
- $35M
- First sale
- Jun 2015
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
▶$100.3KraisedMar 2014 · 44 investors · Other Banking and Financial ServicesRule 506(b)
- David Joseph GirouardExecutive Officer, Director, Promoter
- Andrew Hunt PalmerExecutive Officer, Director
- Alison Fiona NicollExecutive Officer
- Ryan RandallExecutive Officer
- Offering amount
- $5M
- Amount sold
- $100.3K
- Minimum investment
- $100
- First sale
- Mar 2014
- Incorporated
- Business Trust, Delaware, 2014
- Federal exemptions
- 06b
▶$2MraisedJan 2014 · 271 investors · Other Banking and Financial ServicesRule 506(b)
- David Joseph GirouardExecutive Officer, Director
- Alison Fiona NicollExecutive Officer
- Andrew Hunt PalmerDirector
- Offering amount
- $2.5M
- Amount sold
- $2M
- Minimum investment
- $100
- First sale
- Jan 2013
- Incorporated
- Corporation, Delaware, 2012
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Valuation · disclosed
Disclosed eventsSource: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.
Acquisitions · 1
Early investors' stakes continue via these dealsDigital platform modernizing car sales to improve the buying experience.
Frequently asked questions
- What does Upstart do?
- Upstart is an AI lending marketplace that partners with banks and credit unions to underwrite personal, auto and small-dollar loans on more than traditional credit scores; it went public on the Nasdaq in December 2020.
- Who founded Upstart?
- Upstart was founded by Paul Gu, Dave Girouard in 2013.
- Who are Upstart's investors?
- Upstart's investors include Alumni Ventures, Ballistic Ventures, Basecamp Fund, Collaborative Fund, Correlation Ventures, CrunchFund, Eudemian Ventures, First Round Capital and 12 more.
- How much funding has Upstart raised?
- Upstart has disclosed $169M raised across 5 rounds.
- Is Upstart publicly traded?
- Yes — Upstart trades on NASDAQ under the ticker UPST.
- Where is Upstart headquartered?
- Upstart is headquartered in Palo Alto, US.






