# LendUp funding: rounds and investors

> LendUp has raised $259M across 7 rounds since 2012. Investors include Y Combinator, Google Ventures and DCVC. Every round with its source.

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

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

# Who invested in *LendUp*

7 rounds we have observed, with the 30 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.

Fintech

Y Combinator: W12

Funding summary Updated 26 Oct 2026

**$259M** raised across 7 rounds since 2012, from 7 sources

**$14M** Series A **$50M** Debt **$48M** Round **$48M** Series C **$100M** Round

- **Latest round:** Round, $100M Mar 2017
- **Step-up i:** 2.1×
- **Investors:** 30 (1 led)

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.

2012 2013 2014 2015 2016 2017

**?** Seed

**?** Round

**$14M** Series A

**$50M** Debt

**$48M** Round

**$48M** Series C

**$100M** Round

- **First round:** Seed
- **Biggest round:** $100M
- **Usual gap between rounds:** 7 months

## The rounds

- **Mar 2017** Round **$100M** *1 returning* [Victory Park Capital Advisors](https://millionrounds.com/fund/victory-park-capital) Reported by FinSMEs
- **Aug 2016** Series C **$48M** *1 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) Lead Reported by TechCrunch
- **Jan 2016** Round **$48M** *12 new* *17 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [SV Angel](https://millionrounds.com/fund/sv-angel) [Google Ventures](https://millionrounds.com/fund/gv) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Soma Capital](https://millionrounds.com/fund/soma-capital) [DCVC](https://millionrounds.com/fund/data-collective) [QED Investors](https://millionrounds.com/fund/qed-investors) [Kapor Capital](https://millionrounds.com/fund/kapor-capital) [Susa Ventures](https://millionrounds.com/fund/susa-ventures) [Alexis Ohanian](https://millionrounds.com/fund/alexis-ohanian) [Yuri Milner](https://millionrounds.com/fund/yuri-milner) [Founders' Co-op](https://millionrounds.com/fund/founders-co-op) [Thomvest Ventures](https://millionrounds.com/fund/thomvest) [Start Fund](https://millionrounds.com/fund/start-fund) [Garry Tan](https://millionrounds.com/fund/garry-tan) [AFSquare](https://millionrounds.com/fund/afsquare) [Tikhon Bernstam](https://millionrounds.com/fund/tikhon-bernstam) [Justin Mateen](https://millionrounds.com/fund/justin-mateen) [Troy Carter](https://millionrounds.com/fund/troy-carter) [Chad Byers](https://millionrounds.com/fund/chad-byers) [Joshua Reeves](https://millionrounds.com/fund/joshua-reeves) [Seth Berman](https://millionrounds.com/fund/seth-berman) [Bronze Investments](https://millionrounds.com/fund/bronze-investments) [Radicle Impact](https://millionrounds.com/fund/radicle-impact-partners) [Rakesh Agrawal](https://millionrounds.com/fund/rakesh-agrawal) [Ellen Pao](https://millionrounds.com/fund/ellen-pao) [Mark Hager](https://millionrounds.com/fund/mark-hager) Chris DeVore Source recorded
- **Apr 2014** Debt **$50M** *1 new* [Victory Park Capital Advisors](https://millionrounds.com/fund/victory-park-capital) From a historical funding record
- **Nov 2013** Series A **$14M** *3 new* *2 returning* [Google Ventures](https://millionrounds.com/fund/gv) [Soma Capital](https://millionrounds.com/fund/soma-capital) [DCVC](https://millionrounds.com/fund/data-collective) [QED Investors](https://millionrounds.com/fund/qed-investors) [Susa Ventures](https://millionrounds.com/fund/susa-ventures) Reported by techcrunch.com
- **Oct 2012** Round **Amount undisclosed** *12 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Google Ventures](https://millionrounds.com/fund/gv) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [DCVC](https://millionrounds.com/fund/data-collective) [Kapor Capital](https://millionrounds.com/fund/kapor-capital) [Alexis Ohanian](https://millionrounds.com/fund/alexis-ohanian) [Founders' Co-op](https://millionrounds.com/fund/founders-co-op) [Thomvest Ventures](https://millionrounds.com/fund/thomvest) [Garry Tan](https://millionrounds.com/fund/garry-tan) [AFSquare](https://millionrounds.com/fund/afsquare) [Bronze Investments](https://millionrounds.com/fund/bronze-investments) Reported by techcrunch.com
- **Apr 2012** Seed **Amount undisclosed** *2 new* [Start Fund](https://millionrounds.com/fund/start-fund) [Justin Mateen](https://millionrounds.com/fund/justin-mateen) From a historical funding record

## 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** 2012 **Round** 2012 **Series A** 2013 **Debt** 2014 **Round** 2016 **Series C** 2016 **Round** 2017 [Y Combinator](https://millionrounds.com/fund/y-combinator) L [Google Ventures](https://millionrounds.com/fund/gv) [DCVC](https://millionrounds.com/fund/data-collective) [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Soma Capital](https://millionrounds.com/fund/soma-capital) [QED Investors](https://millionrounds.com/fund/qed-investors) [Kapor Capital](https://millionrounds.com/fund/kapor-capital) [Susa Ventures](https://millionrounds.com/fund/susa-ventures) [Alexis Ohanian](https://millionrounds.com/fund/alexis-ohanian)

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **3** rounds, led 1

[Google Ventures](https://millionrounds.com/fund/gv) Corporate VC **3** rounds

[DCVC](https://millionrounds.com/fund/data-collective) VC firm **3** rounds

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **2** rounds

[Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) VC firm **2** rounds

[Soma Capital](https://millionrounds.com/fund/soma-capital) VC firm **2** rounds

[QED Investors](https://millionrounds.com/fund/qed-investors) VC firm **2** rounds

[Kapor Capital](https://millionrounds.com/fund/kapor-capital) VC firm **2** rounds

[Susa Ventures](https://millionrounds.com/fund/susa-ventures) VC firm **2** rounds

[Alexis Ohanian](https://millionrounds.com/fund/alexis-ohanian) Angel **2** rounds

[Founders' Co-op](https://millionrounds.com/fund/founders-co-op) VC firm **2** rounds

[Thomvest Ventures](https://millionrounds.com/fund/thomvest) VC firm **2** rounds

[Start Fund](https://millionrounds.com/fund/start-fund) VC firm **2** rounds

[Garry Tan](https://millionrounds.com/fund/garry-tan) Angel **2** rounds

[AFSquare](https://millionrounds.com/fund/afsquare) VC firm **2** rounds

[Victory Park Capital Advisors](https://millionrounds.com/fund/victory-park-capital) Private equity **2** rounds

[Justin Mateen](https://millionrounds.com/fund/justin-mateen) VC firm **2** rounds

[Bronze Investments](https://millionrounds.com/fund/bronze-investments) VC firm **2** rounds

[SV Angel](https://millionrounds.com/fund/sv-angel) VC firm **1** round

[Yuri Milner](https://millionrounds.com/fund/yuri-milner) VC firm **1** round

[Tikhon Bernstam](https://millionrounds.com/fund/tikhon-bernstam) Angel **1** round

[Troy Carter](https://millionrounds.com/fund/troy-carter) VC firm **1** round

[Chad Byers](https://millionrounds.com/fund/chad-byers) Angel **1** round

[Joshua Reeves](https://millionrounds.com/fund/joshua-reeves) VC firm **1** round

[Seth Berman](https://millionrounds.com/fund/seth-berman) Angel **1** round

[Radicle Impact](https://millionrounds.com/fund/radicle-impact-partners) VC firm **1** round

[Rakesh Agrawal](https://millionrounds.com/fund/rakesh-agrawal) Angel **1** round

[Ellen Pao](https://millionrounds.com/fund/ellen-pao) Angel **1** round

[Mark Hager](https://millionrounds.com/fund/mark-hager) Angel **1** round

Chris DeVore no record of our own yet **1** round

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

## Also claim to have backed them

This firm lists LendUp 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.

[Ataria](https://millionrounds.com/fund/ataria) Corporate VC Per its own site

## Quick answers about LendUp

### Who invested in LendUp?

LendUp's investors include Y Combinator, Google Ventures, DCVC, Andreessen Horowitz and Kleiner Perkins Caufield & Byers, and 25 more on record.

### How much has LendUp raised?

LendUp has raised $259M across 7 rounds since 2012. 2 rounds did not disclose an amount, so the total is a floor.

### When did LendUp last raise?

LendUp's most recent round was an Undisclosed round of $100M in Mar 2017.

### What was LendUp's biggest round?

Its most recent round, $100M in Mar 2017, is also its largest on record.

### Who backed LendUp first?

LendUp's first round on record, in Apr 2012, was backed by Start Fund and Justin Mateen.

### What stage is LendUp at?

LendUp's latest named round is an Undisclosed round, in Mar 2017.

### Where is LendUp based?

LendUp is based in the United States.

### Who led LendUp's rounds?

Y Combinator led the Series C in 2016.

## Companies like LendUp

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)[**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)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app
