# EarnUp funding: rounds and investors

> EarnUp has raised $34M across 2 rounds since 2016. Investors include Bain Capital Ventures, Correlation Ventures and SignalFire. Every round with its source.

Source: https://millionrounds.com/company/earnup (Millionrounds; every figure on the page links to its filing or article)

United States · [Series C startup](https://millionrounds.com/companies)

# Who invested in *EarnUp*

2 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services Fintech

Funding summary Updated 26 Oct 2026

**$34M** raised across 2 rounds since 2016, from 2 sources

**$3.0M** Seed **$31M** Series C

- **Latest round:** Series C, $31M Mar 2022
- **Step-up i:** 10.3×
- **Investors:** 9

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2017 2018 2019 2020 2021 2022

**$3.0M** Seed

**$31M** Series C

- **First round:** Seed, $3.0M
- **Biggest round:** $31M
- **Between rounds:** 5.7 years

## The rounds

- **Mar 2022** Series C **$31M** *6 new* [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) [SignalFire](https://millionrounds.com/fund/signalfire) [Ulu Ventures](https://millionrounds.com/fund/ulu-ventures) [Acumen](https://millionrounds.com/fund/acumen) [Flourish Ventures](https://millionrounds.com/fund/flourish-ventures-2) Source recorded
- **Jul 2016** Seed **$3.0M** *3 new* [Blumberg Capital](https://millionrounds.com/fund/blumberg-capital) [Camp One Ventures](https://millionrounds.com/fund/camp-one-ventures) [Fenway Summer Ventures](https://millionrounds.com/fund/fenway-summer-ventures) Reported by FinSMEs

## Founders and team

From EarnUp's own website: 2 founders, 4 on the team.

**Matthew Cooper** Co-Founder & President

**Nadim Homsany** Co-Founder & CEO

- **Brian Gunn** Chief Revenue Officer
- **Michelle Scanlon** Chief Customer & People Officer
- **Brad Woodcox** VP Product & Operations
- **Joe Hanna** Head of Finance

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2016 **Series C** 2022 [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) [SignalFire](https://millionrounds.com/fund/signalfire) [Ulu Ventures](https://millionrounds.com/fund/ulu-ventures) [Blumberg Capital](https://millionrounds.com/fund/blumberg-capital) [Acumen](https://millionrounds.com/fund/acumen) [Flourish Ventures](https://millionrounds.com/fund/flourish-ventures-2) [Camp One Ventures](https://millionrounds.com/fund/camp-one-ventures) [Fenway Summer Ventures](https://millionrounds.com/fund/fenway-summer-ventures)

## Everyone who backed them

[Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) VC firm **1** round

[Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) VC firm **1** round

[SignalFire](https://millionrounds.com/fund/signalfire) VC firm **1** round

[Ulu Ventures](https://millionrounds.com/fund/ulu-ventures) VC firm **1** round

[Blumberg Capital](https://millionrounds.com/fund/blumberg-capital) VC firm **1** round

[Acumen](https://millionrounds.com/fund/acumen) VC firm **1** round

[Flourish Ventures](https://millionrounds.com/fund/flourish-ventures-2) VC firm **1** round

[Camp One Ventures](https://millionrounds.com/fund/camp-one-ventures) VC firm **1** round

[Fenway Summer Ventures](https://millionrounds.com/fund/fenway-summer-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=earnup).

## Also claim to have backed them

This firm lists EarnUp as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Base Ventures](https://millionrounds.com/fund/base-ventures) VC firm Per its own site

## Quick answers about EarnUp

### Who invested in EarnUp?

EarnUp's investors include Bain Capital Ventures, Correlation Ventures, SignalFire, Ulu Ventures and Blumberg Capital, and 4 more on record.

### How much has EarnUp raised?

EarnUp has raised $34M across 2 rounds since 2016.

### When did EarnUp last raise?

EarnUp's most recent round was a Series C of $31M in Mar 2022.

### What was EarnUp's biggest round?

Its most recent round, $31M in Mar 2022, is also its largest on record.

### Who backed EarnUp first?

EarnUp's first round on record, in Jul 2016, was backed by Blumberg Capital, Camp One Ventures and Fenway Summer Ventures.

### What stage is EarnUp at?

EarnUp's latest named round is a Series C, in Mar 2022.

### Where is EarnUp based?

EarnUp is based in the United States.

## Companies like EarnUp

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)

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