Upstart

United States
San Mateo, California, United States, 94403

Company profile

Upstart company profile

Upstart is a lending platform that leverages artificial intelligence and machine learning to price credit and automates the borrowing process. The company's proprietary underwriting model identifies borrowers despite limited credit and employment history by using variables including schools attended, area of study, and work experience. Upstart powered banks can offer higher approval rates and experience lower loss rates*, while simultaneously delivering the exceptional digital-first lending experience their customers demand. Upstart was founded in 2012 and headquartered in San Mateo, California and Columbus, Ohio.

Business identity

Contact email
[email protected]
Phone number
650-204-1000
Operating status
Active
Company type
For Profit
Employee range
1,001-5,000 employees
Revenue range
$500,000+
Founded
2012-04-01

Headquarters

Postal code
94403
Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding stage
IPO
Funding rounds
11
Total equity funding
$144.1M
Last funding
Post IPO Debt / $1.5B / 2025-11-06
Last equity funding
Series D / $50M
Investors
22
Lead investors
6
Founders
4
Articles
772
Exited on
2020-12-16

Founders and investors

Founders

Andy PalmerAnna M. CounselmanDave GirouardPaul Gu

Lead investors

CastlelakeFirst Round CapitalKhosla VenturesProgressiveRakutenThird Point Ventures

Investors

Collaborative FundFounders FundKhosla VenturesKleiner PerkinsNew Enterprise Associates