# Upstart funding: rounds and investors > Upstart has raised $1.6B across 7 rounds since 2012. Investors include Khosla Ventures, First Round Capital and Founders Fund. Every round with its source. Source: https://millionrounds.com/company/upstart (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # 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. AI Fintech Raised 7 months ago Funding summary Updated 26 Oct 2026 **$1.6B** raised across 7 rounds since 2012, from 7 sources **$1.8M** Seed **$5.9M** Series A **$11M** Series B **$35M** Series C **$33M** Round **$50M** Round **$1.5B** Debt - **Latest round:** Debt, $1.5B Apr 2026 - **Step-up i:** 30× - **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. 2012 2014 2016 2018 2020 2022 2024 2026 **$1.8M** Seed **$5.9M** Series A **$11M** Series B **$35M** Series C **$33M** Round **$50M** Round **$1.5B** Debt - **First round:** Seed, $1.8M - **Biggest round:** $1.5B - **Usual gap between rounds:** 20 months ## The rounds - **Apr 2026** Debt **$1.5B** *2 new* *3 returning* [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Founders Fund](https://millionrounds.com/fund/founders-fund) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [Fortress Investment](https://millionrounds.com/fund/fortress-investment-group) Source recorded - **Apr 2019** Round **$50M** *2 new* [Healthcare of Ontario Pension Plan (HOOPP)](https://millionrounds.com/fund/healthcare-of-ontario-pension-plan-hoopp) First National Bank of Omaha Reported by FinSMEs - **Mar 2017** Round **$33M** *1 new* *1 returning* [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) Rakuten/ Third Point Reported by FinSMEs SEC filing: $32M sold, first sale Nov 2016 - **Jul 2015** Series C **$35M** *1 new* *3 returning* [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) [Third Point Ventures](https://millionrounds.com/fund/third-point-ventures) From a historical funding record SEC filing: $35M sold, first sale Jun 2015 - **Oct 2014** Series B **$11M** No investor was named in the report. From a historical funding record - **Apr 2013** Series A **$5.9M** *6 new* *1 returning* [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Founders Fund](https://millionrounds.com/fund/founders-fund) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) [Scott Banister](https://millionrounds.com/fund/scott-banister) [Marc Benioff](https://millionrounds.com/fund/marc-benioff) [Eric Schmidt](https://millionrounds.com/fund/eric-schmidt) Reported by techcrunch.com SEC filing: $30K sold, first sale Dec 2012 - **Aug 2012** Seed **$1.8M** *6 new* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Google Ventures](https://millionrounds.com/fund/gv) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [CrunchFund](https://millionrounds.com/fund/crunchfund-3) [Mark Cuban](https://millionrounds.com/fund/mark-cuban) Reported by techcrunch.com ## 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 **Series A** 2013 **Series B** 2014 **Series C** 2015 **Round** 2017 **Round** 2019 **Debt** 2026 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Founders Fund](https://millionrounds.com/fund/founders-fund) [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Google Ventures](https://millionrounds.com/fund/gv) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [CrunchFund](https://millionrounds.com/fund/crunchfund-3) [Mark Cuban](https://millionrounds.com/fund/mark-cuban) ## Everyone who backed them [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) VC firm **4** rounds [First Round Capital](https://millionrounds.com/fund/first-round-capital) VC firm **4** rounds [Founders Fund](https://millionrounds.com/fund/founders-fund) VC firm **2** rounds [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) VC firm **2** rounds [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **1** round [Google Ventures](https://millionrounds.com/fund/gv) Corporate VC **1** round [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) VC firm **1** round [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) VC firm **1** round [CrunchFund](https://millionrounds.com/fund/crunchfund-3) VC firm **1** round [Mark Cuban](https://millionrounds.com/fund/mark-cuban) Angel **1** round [Scott Banister](https://millionrounds.com/fund/scott-banister) Angel **1** round [Marc Benioff](https://millionrounds.com/fund/marc-benioff) VC firm **1** round [Fortress Investment](https://millionrounds.com/fund/fortress-investment-group) Private equity **1** round [Third Point Ventures](https://millionrounds.com/fund/third-point-ventures) VC firm **1** round [Eric Schmidt](https://millionrounds.com/fund/eric-schmidt) Company **1** round [Healthcare of Ontario Pension Plan (HOOPP)](https://millionrounds.com/fund/healthcare-of-ontario-pension-plan-hoopp) VC firm **1** round First National Bank of Omaha no record of our own yet **1** round Rakuten/ Third Point 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=upstart). ## 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 Endeavors](https://millionrounds.com/fund/innovation-endeavors) VC firm Per its own site [Rakuten Capital](https://millionrounds.com/fund/rakuten-capital) Corporate VC Per its own site [SGH CAPITAL](https://millionrounds.com/fund/sgh-capital) VC firm Per its own site [LeFrak](https://millionrounds.com/fund/lefrak) Private equity Per its own site [Eudemian Ventures](https://millionrounds.com/fund/eudemian-ventures) VC firm Per 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. ## Companies like Upstart In the same sector, and raised in the last eighteen months. [**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika) ## 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