# Upvest funding: rounds and investors > Upvest has raised $320M across 3 rounds since 2024. Investors include Sapphire Ventures, Bessemer Venture Partners and BlackRock. Every round with its source. Source: https://millionrounds.com/company/upvest (Millionrounds; every figure on the page links to its filing or article) Germany · [Growth startup](https://millionrounds.com/companies) # Who invested in *Upvest* 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. Developer Tools Financial Services Fintech Raised 8 months ago Follow Upvest and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fupvest) Funding summary Updated 5 Nov 2026 **$320M** raised across 3 rounds since 2024, from 3 sources **$105M** Series C **$90M** Series D **$125M** Growth - **Latest round:** Growth, $125M Mar 2026 - **Led by:** Tengxun Touzi and Sapphire Ventures - **Step-up i:** 1.4× - **Investors:** 8 (3 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. 2025 2026 **$105M** Series C **$90M** Series D **$125M** Growth - **First round:** Series C, $105M - **Biggest round:** $125M - **Between rounds:** 15 months [**Upvest** Api 1 / 17 Their pitch deck **Upvest's pitch deck, 17 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/upvest) ## The rounds - **Mar 2026** Growth **$125M** *2 new* *4 returning* [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) Lead [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) Lead [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [BlackRock](https://millionrounds.com/fund/blackrock) [Earlybird Venture Capital](https://millionrounds.com/fund/earlybird) [HV Capital](https://millionrounds.com/fund/hv-capital) Reported by TechStartups - **Mar 2026** Series D **$90M** *2 new* *3 returning* [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [Speedinvest](https://millionrounds.com/fund/speedinvest) [BlackRock](https://millionrounds.com/fund/blackrock) [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) [HV Capital](https://millionrounds.com/fund/hv-capital) Source recorded - **Dec 2024** Series C **$105M** *4 new* [Hedosophia](https://millionrounds.com/fund/hedosophia) Lead [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [BlackRock](https://millionrounds.com/fund/blackrock) [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) Reported by TechCrunch ## Founders and team From Upvest's own website: 3 founders, 5 on the team. **Martin Kassing** CEO & Co-founder **Dr. Til Rochow** CPO & Co-founder **Tobias Auferoth** MD & Co-founder - **Jonathan Brander** COO - **Rebekah Fox** Chief People Officer - **Christian Wöhlke** VP Product - **Toni Krüger** VP Accounting & Reporting - **Moritz Karge** Managing Director ## 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 C** 2024 **Series D** 2026 **Growth** 2026 [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) L [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [BlackRock](https://millionrounds.com/fund/blackrock) [HV Capital](https://millionrounds.com/fund/hv-capital) [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) L [Hedosophia](https://millionrounds.com/fund/hedosophia) L [Speedinvest](https://millionrounds.com/fund/speedinvest) [Earlybird Venture Capital](https://millionrounds.com/fund/earlybird) ## Everyone who backed them [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) VC firm **3** rounds, led 1 [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) VC firm **3** rounds [BlackRock](https://millionrounds.com/fund/blackrock) Asset manager **3** rounds [HV Capital](https://millionrounds.com/fund/hv-capital) VC firm **2** rounds [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) VC firm **1** round, led 1 [Hedosophia](https://millionrounds.com/fund/hedosophia) VC firm **1** round, led 1 [Speedinvest](https://millionrounds.com/fund/speedinvest) VC firm **1** round [Earlybird Venture Capital](https://millionrounds.com/fund/earlybird) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=upvest). ## Also claim to have backed them This firm lists Upvest 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. [10x Founders](https://millionrounds.com/fund/10x-founders) VC firm Per its own site ## Quick answers about Upvest ### Who invested in Upvest? Upvest's investors include Sapphire Ventures, Bessemer Venture Partners, BlackRock, HV Capital and Tengxun Touzi, and 3 more on record. Tengxun Touzi led its latest round. ### How much has Upvest raised? Upvest has raised $320M across 3 rounds since 2024. ### When did Upvest last raise? Upvest's most recent round was a Growth of $125M in Mar 2026, led by Tengxun Touzi. ### What was Upvest's biggest round? Its most recent round, $125M in Mar 2026, is also its largest on record. ### Who backed Upvest first? Upvest's first round on record, in Dec 2024, was backed by Hedosophia, Bessemer Venture Partners and BlackRock and 1 others. ### What stage is Upvest at? Upvest's latest named round is a Growth, in Mar 2026. ### Where is Upvest based? Upvest is based in Germany. ### Who led Upvest's rounds? Hedosophia led the Series C in 2024; Tengxun Touzi led the Growth in 2026. ## Companies like Upvest In the same sector, and raised in the last eighteen months. [**Pliant** $123M · Nov 2026](https://millionrounds.com/company/pliant)[**Causa Prima** $30M · Oct 2026](https://millionrounds.com/company/causa-prima)[**LimeTax** $77M · Sept 2026](https://millionrounds.com/company/limetax)[**Moss** $35M · Aug 2026](https://millionrounds.com/company/moss)[**Piece** $4.2M · Jul 2026](https://millionrounds.com/company/piece)[**Skalar** $14M · Jul 2026](https://millionrounds.com/company/skalar) ## 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