# UpGuard funding: rounds and investors > UpGuard has raised $96M across 3 rounds since 2016. Investors include Pelion Venture Partners, Springcoast Partners and 500 Global. Every round with its source. Source: https://millionrounds.com/company/upguard (Millionrounds; every figure on the page links to its filing or article) United States · [Series C startup](https://millionrounds.com/companies) # 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. Cybersecurity Financial Services Raised 8 months ago Follow UpGuard and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fupguard) Funding summary Updated 5 Nov 2026 **$96M** raised across 3 rounds since 2016, from 4 sources **$1.7M** Series B **$19M** Series B **$75M** Series C - **Latest round:** Series C, $75M Feb 2026 - **Led by:** Springcoast Partners - **Step-up i:** 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. 2016 2018 2020 2022 2024 2026 **$1.7M** Series B **$19M** Series B **$75M** Series C - **First round:** Series B, $1.7M - **Biggest round:** $75M - **Usual gap between rounds:** 4.8 years ## The rounds - **Feb 2026** Series C **$75M** *6 new* *1 returning* [Springcoast Partners](https://millionrounds.com/fund/springcoast-partners) Lead [500 Global](https://millionrounds.com/fund/500-startups) [August Capital](https://millionrounds.com/fund/august-capital) [Pelion Venture Partners](https://millionrounds.com/fund/pelion-venture-partners) [Valar Ventures](https://millionrounds.com/fund/valar-ventures-llc) [IAG Capital Partners](https://millionrounds.com/fund/iag-capital-partners) [Square Peg](https://millionrounds.com/fund/square-peg-2) Reported by Ventureburn and 1 other - **Jun 2021** Series B **$19M** No investor was named in the report. Reported by August Capital SEC filing: $19M sold, first sale May 2021 - **Aug 2016** Series B **$1.7M** *2 new* [Pelion Venture Partners](https://millionrounds.com/fund/pelion-venture-partners) [Square Peg Capital](https://millionrounds.com/fund/square-peg-capital) Reported by FinSMEs ## 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. - May 2021 **$19M** 6 investors equity, other SEC Form D ## Founders and team From UpGuard's own website and the SEC filings it signed: 1 founder, 9 on the team. **Mike Baukes** Co-Founder & CEO - **Daniel Bradbury** Chief Product Officer - **Harsh Sureka** Chief Operating Officer - **Jackie Ariston** Chief Revenue Officer - **Kaushik Sen** Chief Marketing Officer - **Kevin Levine** Chief Financial Officer - **Phil Ross** Chief Information Security Officer - **Sarah Catford** Chief of Staff - **Alan Sharp-Paul** Executive Officer, Director i - **Michael Baukes** Executive Officer, Director, Promoter i On the board, as filed i *Chris Cooper* *Scott Petry* *Vivek 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. **Series B** 2016 **Series B** 2021 **Series C** 2026 [Pelion Venture Partners](https://millionrounds.com/fund/pelion-venture-partners) [Springcoast Partners](https://millionrounds.com/fund/springcoast-partners) L [500 Global](https://millionrounds.com/fund/500-startups) [August Capital](https://millionrounds.com/fund/august-capital) [Valar Ventures](https://millionrounds.com/fund/valar-ventures-llc) [Square Peg Capital](https://millionrounds.com/fund/square-peg-capital) [IAG Capital Partners](https://millionrounds.com/fund/iag-capital-partners) [Square Peg](https://millionrounds.com/fund/square-peg-2) ## Everyone who backed them [Pelion Venture Partners](https://millionrounds.com/fund/pelion-venture-partners) VC firm **2** rounds [Springcoast Partners](https://millionrounds.com/fund/springcoast-partners) VC firm **1** round, led 1 [500 Global](https://millionrounds.com/fund/500-startups) Angel **1** round [August Capital](https://millionrounds.com/fund/august-capital) VC firm **1** round [Valar Ventures](https://millionrounds.com/fund/valar-ventures-llc) VC firm **1** round [Square Peg Capital](https://millionrounds.com/fund/square-peg-capital) VC firm **1** round [IAG Capital Partners](https://millionrounds.com/fund/iag-capital-partners) Private equity **1** round [Square Peg](https://millionrounds.com/fund/square-peg-2) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=upguard). ## 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. ## Companies like UpGuard In the same sector, and raised in the last eighteen months. [**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)[**Truth** $70M · Oct 2026](https://millionrounds.com/company/truth)[**Collective** $219M · Oct 2026](https://millionrounds.com/company/collective)[**Casap** $81M · Oct 2026](https://millionrounds.com/company/casap)[**Infisical** $56M · Oct 2026](https://millionrounds.com/company/infisical)[**Hyphenate** $59M · Oct 2026](https://millionrounds.com/company/hyphenate) ## 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