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Total Raised

$562.5M

Investors Count

22

Deal Terms

5

Funding, 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

$XXM

0

FY undefined

24

8/11/2021

Series E

$XXM

$3,220 - $3,325M

0

FY undefined

10

11/30/2020

Series D - II

$XXM

0

FY undefined

10

6/17/2020

Series D

$XXM

$XXM

0

FY undefined

10

4/9/2020

Loan

$XXM

$XXM

0

FY undefined

0

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

$XXM

$XXM

$XXM

Investors

Valuation

$XXM

$3,220 - $3,325M

$XXM

$XXM

$XXM

Revenue

0

FY undefined

0

FY undefined

0

FY undefined

0

FY undefined

0

FY undefined

Sources

24

10

10

10

0

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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

Funding Date

$XXM

$XXM

$XXM

$XXM

$XXM

Pre-Money Valuation

$XXM

$XXM

$XXM

$XXM

$XXM

Post-Money Valuation

$XXM

$XXM

$XXM

$XXM

$XXM

Amount Raised

$XXM

$XXM

$XXM

$XXM

$XXM

Shares Authorized

Issuance Price

Dividend Rate

Liquidation Preferences

Liquidation Price

Participation

Conversion Price

Anti Dilution

General Voting

$XXM

$XXM

$XXM

$XXM

$XXM

Board Voting

$XXM

$XXM

$XXM

$XXM

$XXM

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

$XXM

$XXM

$XXM

$XXM

$XXM

$XXM

Series E

$XXM

$XXM

$XXM

$XXM

$XXM

$XXM

Series D

$XXM

$XXM

$XXM

$XXM

$XXM

$XXM

Series C

$XXM

$XXM

$XXM

$XXM

$XXM

$XXM

Series A

$XXM

$XXM

$XXM

$XXM

$XXM

$XXM

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

00/00/0000

00/00/0000

Ventura Capital

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Venture Capital

United Arab Emirates

00/00/0000

00/00/0000

Dragoneer Investment Group

Subscribe to see more

Asset/Investment Management

California

First funding

4/6/2017

4/6/2017

4/6/2017

00/00/0000

00/00/0000

Last Funding

11/16/2021

11/16/2021

11/16/2021

00/00/0000

00/00/0000

Investor

Ventura Capital

Dragoneer Investment Group

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)

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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

$XXM

$292.7M

Acquired

1

Date

7/27/2023

Investment Stage

Debt

Companies

Valuation

$XXM

Total Funding

$292.7M

Note

Acquired

Sources

1

CB Insights
Looking for a leg up on competitive, customer and technology insights?
CB Insights puts confidence and clarity into your most strategic decisions.
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Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
MicrosoftWalmartWells Fargo

Compare Upgrade to Competitors

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B
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P
Prodigy Finance

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B
Brighte

Brighte is a company that focuses on the financial and sustainable energy sectors. It provides financing solutions for solar systems and energy-efficient home products, making these sustainable upgrades more affordable and accessible. The company primarily serves the residential and small to medium-sized business sectors. It was founded in 2015 and is based in Sydney, New South Wales.

K
Kissht

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Avant

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