Upstart Network

San Mateo, CA, United States FinTech Public

Upstart is an AI-driven lending platform that partners with banks and credit unions to expand access to affordable credit. The platform uses artificial intelligence and machine learning to assess creditworthiness beyond traditional metrics like FICO scores and credit reports, analyzing 1,600+ data points to determine loan approvals and rates. Upstart's cloud-based platform enables lenders to automate lending decisions with over 90% fully automated loans requiring no human intervention.

Public Company

Upstart Network is publicly traded

IPO'd on December 16, 2020

UPST NASDAQ

This company is no longer available on our private secondary market. Shares can be traded publicly under UPST.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2012

Employees

1,405

Total Funding

$135.65M

6 rounds

Funding

Total raised $135.65M across 6 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series D extension (Progressive-led)

Date

April 15, 2019

Amount

$50M

Valuation

Lead Investors

The Progressive Corporation
DateRoundAmount RaisedValuationLead Investors
April 15, 2019 Series D extension (Progressive-led) $50M The Progressive Corporation
March 2, 2017 Series D (first close) $32.5M Rakuten
July 2015 Series C $35M Third Point Ventures

Leadership

  • Dave Girouard

    Executive Chairman

    LinkedIn
  • Paul Gu

    Chief Executive Officer

  • Anna Counselman

    Co-Founder, Head of People & Operations

  • Sanjay Datta

    President, Chief Capital Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Zest AI

    AI-driven credit underwriting software providing machine-learning risk models and lending solutions for banks, credit unions, and specialized lenders

  • Avant

    FinTech company providing personal loans and credit cards for debt consolidation, home improvements, and other needs

  • Prosper

    Digital lending platform focused on peer-to-peer lending and personal finance with loans for debt consolidation and home improvement

  • Upgrade

    Consumer credit and banking products provider offering personal loans, credit cards, and checking/savings accounts

  • LendingPoint

    Consumer lending platform providing personal loans and financial products

  • Best Egg

    Personal loan provider offering financing for various consumer needs

Upstart Network Investment FAQ

Upstart Network FAQ

Yes, Upstart Network is publicly traded under the ticker symbol UPST on the NASDAQ. The company went public in December 16, 2020.

Upstart Network trades under the ticker symbol UPST on the NASDAQ. It began trading in December 16, 2020.

Upstart Network (UPST on the NASDAQ) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker UPST to place an order.

Upstart Network went public in December 16, 2020 via ipo. Upstart completed its initial public offering on December 18, 2020, pricing shares at $20 per share (low end of $20-$22 range) and raising $240 million. Shares began trading on NASDAQ under the ticker UPST on December 16, 2020, opening at $26 and gaining 30% on first day.

Upstart Network raised $135.65M across 6 disclosed funding rounds prior to its public listing.

Upstart Network was founded by Anna Counselman in 2012.

Upstart Network is headquartered in San Mateo, CA, United States.

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Data collected with AI, which can make mistakes. Please double-check this information.