United States · Funded startup

Who invested in Upstart

7 rounds we have observed, with the 18 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.

AIFintech

Raised 7 months ago

Funding summaryUpdated 26 Oct 2026

$1.6Braised across 7 rounds since 2012, from 7 sources

$1.8MSeed$5.9MSeries A$11MSeries B$35MSeries C$33MRound$50MRound$1.5BDebt
Latest round
Debt, $1.5BApr 2026
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Investors
18
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.

20122014201620182020202220242026
$1.8MSeed$5.9MSeries A$11MSeries B$35MSeries C$33MRound$50MRound$1.5BDebt
First round
Seed, $1.8M
Aug 2012
Biggest round
$1.5B
Debt · Apr 2026
Usual gap between rounds
20 months
the median of 6

The rounds

  1. Apr 2026
  2. Apr 2019
    Round$50M2 new

    Reported by FinSMEs

  3. Mar 2017
    Round$33M1 new1 returning

    Reported by FinSMEsSEC filing: $32M sold, first sale Nov 2016

  4. Jul 2015
    Series C$35M1 new3 returning

    From a historical funding recordSEC filing: $35M sold, first sale Jun 2015

  5. Oct 2014
    Series B$11M

    No investor was named in the report.

    From a historical funding record

  6. Apr 2013
    Series A$5.9M6 new1 returning

    Reported by techcrunch.comSEC filing: $30K sold, first sale Dec 2012

  7. Aug 2012

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

Khosla VenturesVC firm4rounds
First Round CapitalVC firm4rounds
Founders FundVC firm2rounds
Collaborative FundVC firm2rounds
Google VenturesCorporate VC1round
Kleiner PerkinsVC firm1round
CrunchFundVC firm1round
Mark CubanAngel1round
Scott BanisterAngel1round
Marc BenioffVC firm1round
Fortress InvestmentPrivate equity1round
Eric SchmidtCompany1round
First National Bank of Omahano record of our own yet1round
Rakuten/ Third Pointno record of our own yet1round

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

Also claim to have backed them

These 5 firms list Upstart as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Innovation EndeavorsVC firmPer its own site
Rakuten CapitalCorporate VCPer its own site
SGH CAPITALVC firmPer its own site
LeFrakPrivate equityPer its own site
Eudemian VenturesVC firmPer its own site

Quick answers about Upstart

Who invested in Upstart?

Upstart's investors include Khosla Ventures, First Round Capital, Founders Fund, Collaborative Fund and New Enterprise Associates, and 13 more on record.

How much has Upstart raised?

Upstart has raised $1.6B across 7 rounds since 2012.

When did Upstart last raise?

Upstart's most recent round was a Debt of $1.5B in Apr 2026.

What was Upstart's biggest round?

Its most recent round, $1.5B in Apr 2026, is also its largest on record.

Who backed Upstart first?

Upstart's first round on record, in Aug 2012, was backed by New Enterprise Associates, Google Ventures and First Round Capital and 3 others.

What stage is Upstart at?

Upstart's latest named round is a Debt, in Apr 2026.

Where is Upstart based?

Upstart is based in the United States.

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