Upgrade
Total Raised
$562.5MInvestors Count
22Deal Terms
5Funding, Valuation & Revenue
9 Fundings
Upgrade has raised $562.5M over 9 rounds.
Upgrade's latest funding round was a Series F for $280M on November 16, 2021.
Upgrade's valuation in August 2021 was $3,220 - $3,325M.
Upgrade's latest post-money valuation is from November 2021.
Sign up for a free demo to see Upgrade's valuations in November 2021, June 2020 and more.
Date | Round | Amount | Investors | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Revenue | Sources |
---|---|---|---|---|---|---|
11/16/2021 | Series F | $280M | 24 | |||
8/11/2021 | Series E | $3,220 - $3,325M | ||||
11/30/2020 | Series D - II | |||||
6/17/2020 | Series D | |||||
4/9/2020 | Loan |
Date | 11/16/2021 | 8/11/2021 | 11/30/2020 | 6/17/2020 | 4/9/2020 |
---|---|---|---|---|---|
Round | Series F | Series E | Series D - II | Series D | Loan |
Amount | $280M | ||||
Investors | |||||
Valuation | $3,220 - $3,325M | ||||
Revenue | |||||
Sources | 24 |
Upgrade Deal Terms
5 Deal Terms
Upgrade's deal structure is available for 5 funding rounds, including their Series F from November 16, 2021.
Round | Series F | Series E | Series D | Series C | Series A |
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Funding Date | |||||
Pre-Money Valuation | |||||
Post-Money Valuation | |||||
Amount Raised | |||||
Shares Authorized | |||||
Issuance Price | |||||
Dividend Rate | |||||
Liquidation Preferences | |||||
Liquidation Price | |||||
Participation | |||||
Conversion Price | |||||
Anti Dilution | |||||
General Voting | |||||
Board Voting | |||||
Par Value |
Round | Funding Date | Pre-Money Valuation | Post-Money Valuation | Amount Raised | Shares Authorized | Issuance Price | Dividend Rate | Liquidation Preferences | Liquidation Price | Participation | Conversion Price | Anti Dilution | General Voting | Board Voting | Par Value |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Series F | |||||||||||||||
Series E | |||||||||||||||
Series D | |||||||||||||||
Series C | |||||||||||||||
Series A |
Upgrade Investors
22 Investors
Upgrade has 22 investors. Ribbit Capital invested in Upgrade's Series F funding round.
First funding | Last Funding | Investor | Rounds | Board Seats | Type | Location |
---|---|---|---|---|---|---|
4/6/2017 | 11/16/2021 | 5 Convertible Note, Series A (2017), Series C (2018), Series D (2020), Series F (2021) | Venture Capital | California | ||
4/6/2017 | 11/16/2021 | 5 Convertible Note, Series A (2017), Series C (2018), Series D (2020), Series F (2021) | Venture Capital | United Arab Emirates | ||
4/6/2017 | 11/16/2021 | 4 Convertible Note, Series A (2017), Series C (2018), Series F (2021) | Venture Capital | Virginia | ||
Venture Capital | United Arab Emirates | |||||
Asset/Investment Management | California |
First funding | 4/6/2017 | 4/6/2017 | 4/6/2017 | ||
---|---|---|---|---|---|
Last Funding | 11/16/2021 | 11/16/2021 | 11/16/2021 | ||
Investor | |||||
Rounds | 5 Convertible Note, Series A (2017), Series C (2018), Series D (2020), Series F (2021) | 5 Convertible Note, Series A (2017), Series C (2018), Series D (2020), Series F (2021) | 4 Convertible Note, Series A (2017), Series C (2018), Series F (2021) | ||
Board Seats | |||||
Type | Venture Capital | Venture Capital | Venture Capital | Venture Capital | Asset/Investment Management |
Location | California | United Arab Emirates | Virginia | United Arab Emirates | California |
Upgrade Acquisitions
1 Acquisition
Upgrade acquired 1 company. Their latest acquisition was Uplift on July 27, 2023.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
7/27/2023 | Debt | $292.7M | Acquired | 1 |
Date | 7/27/2023 |
---|---|
Investment Stage | Debt |
Companies | |
Valuation | |
Total Funding | $292.7M |
Note | Acquired |
Sources | 1 |
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