United States · Series C startup

Who invested in UpGuard

3 rounds we have observed, with the 8 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.

CybersecurityFinancial Services

Raised 8 months ago

Funding summaryUpdated 5 Nov 2026

$96Mraised across 3 rounds since 2016, from 4 sources

$1.7MSeries B$19MSeries B$75MSeries C
Latest round
Series C, $75MFeb 2026
Led by
Springcoast Partners
Step-upi
3.9×
Investors
8 (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.

201620182020202220242026
$1.7MSeries B$19MSeries B$75MSeries C
First round
Series B, $1.7M
Aug 2016
Biggest round
$75M
Series C · Feb 2026
Usual gap between rounds
4.8 years
the median of 2

The rounds

  1. Feb 2026
  2. Jun 2021
    Series B$19M

    No investor was named in the report.

    Reported by August CapitalSEC filing: $19M sold, first sale May 2021

  3. Aug 2016

Funding filed with regulators

UpGuard filed one raise, $19M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. May 2021$19M6 investorsequity, otherSEC Form D

Founders and team

From UpGuard's own website and the SEC filings it signed: 1 founder, 9 on the team.

Mike BaukesCo-Founder & CEO
  • Daniel BradburyChief Product Officer
  • Harsh SurekaChief Operating Officer
  • Jackie AristonChief Revenue Officer
  • Kaushik SenChief Marketing Officer
  • Kevin LevineChief Financial Officer
  • Phil RossChief Information Security Officer
  • Sarah CatfordChief of Staff
  • Alan Sharp-PaulExecutive Officer, Directori
  • Michael BaukesExecutive Officer, Director, Promoteri

On the board, as filediChris CooperScott PetryVivek Mehra

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.

Everyone who backed them

Springcoast PartnersVC firm1round, led 1
500 GlobalAngel1round
August CapitalVC firm1round
Valar VenturesVC firm1round
Square Peg CapitalVC firm1round
IAG Capital PartnersPrivate equity1round
Square PegVC firm1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about UpGuard

Who invested in UpGuard?

UpGuard's investors include Pelion Venture Partners, Springcoast Partners, 500 Global, August Capital and Valar Ventures, and 3 more on record. Springcoast Partners led its latest round.

How much has UpGuard raised?

UpGuard has raised $96M across 3 rounds since 2016.

When did UpGuard last raise?

UpGuard's most recent round was a Series C of $75M in Feb 2026, led by Springcoast Partners.

What was UpGuard's biggest round?

Its most recent round, $75M in Feb 2026, is also its largest on record.

Who backed UpGuard first?

UpGuard's first round on record, in Aug 2016, was backed by Pelion Venture Partners and Square Peg Capital.

What stage is UpGuard at?

UpGuard's latest named round is a Series C, in Feb 2026.

Where is UpGuard based?

UpGuard is based in the United States.

Who led UpGuard's rounds?

Springcoast Partners led the Series C in 2026.

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