About

Founded

2016

Headquarters

San Francisco, California

Industry

Fintech

Company Description

Upgrade is a fintech company that offers credit and mobile banking to mainstream consumers.

Quick Links

Website Jobs

Funding

Total Raised

$587 million

Valuation

$6 billion

Significant Investors

Coatue, DST Global, Dragoneer Investment Group, Gopher Asset Management, G Squared, Koch Disruptive Technologies, Old Well Partners, Ribbit Capital, Sands Capital, Ventura Capital, Vy Capital

Company Traction

As of May 2023, Upgrade has 2 million customers and delivered $21 billion in credit, up from $10 billion in November 2021.

As of May 2023, Upgrade has rated 4.6/5 stars from 39,100 reviews on TrustPilot.

Leadership Team

Renaud Laplanche: Co-Founder & CEO of Upgrade. Former Co-Founder & CEO of Lending Club.

Jeff Bogan: Co-Founder & CFO of Upgrade. Former Head of Investor Group at Lending Club.

Visar Nimani: Co-Founder & CTO of Upgrade. Former CTO at Lending Club.

Adelina Grozdanova: Co-Founder & Head of Investor Group of Upgrade. Former VP, Head of Institutional Investors at Lending Club.

Matt Wierman: Co-Founder & EVP of Upgrade. Former SVP at Lending Club.

Press

TechCrunch (November 16, 2021): Credit-focused company Upgrade raises $280 million at $6 billion valuation

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