
Upstart
Founded Year
2012Stage
IPO | IPOTotal Raised
$642.23MDate of IPO
12/16/2020Market Cap
2.02BStock Price
23.73About Upstart
Upstart (NASDAQ: UPST) is an artificial intelligence (AI) lending marketplace in the financial services industry. The company offers personal loans, car loan refinancing, and home equity lines of credit, providing consumers with low fixed rates and no hidden fees. Its services primarily cater to individuals seeking alternative credit solutions. It was founded in 2012 and is based in San Mateo, California.
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Research containing Upstart
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Upstart in 1 CB Insights research brief, most recently on May 17, 2023.
Expert Collections containing Upstart
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Upstart is included in 7 Expert Collections, including AI 100.
AI 100
99 items
Winners of CB Insights' annual AI 100, a list of the 100 most promising AI startups in the world.
Digital Lending
2,367 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Credit Union Tech
66 items
Artificial Intelligence
10,958 items
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Fintech
8,123 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Digital Banking
104 items
Upstart Patents
Upstart has filed 2 patents.
The 3 most popular patent topics include:
- artificial intelligence
- artificial neural networks
- classification algorithms

Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
12/3/2019 | 1/31/2023 | Machine learning, Classification algorithms, Statistical classification, Artificial neural networks, Artificial intelligence | Grant |
Application Date | 12/3/2019 |
---|---|
Grant Date | 1/31/2023 |
Title | |
Related Topics | Machine learning, Classification algorithms, Statistical classification, Artificial neural networks, Artificial intelligence |
Status | Grant |
Latest Upstart News
Nov 21, 2023
BBVA Argentina ( BBAR ) -5%. Upstart Holdings ( UPST ) -5%. S&P 500 Financials Sector +0.1% to 583.77. Banks (contributes 33.9% to index) -0.36% to 308.89. Financial Services (contributes 45.8% to index) +0.09% to 1017.28. Insurance (contributes 20.3% to index) +0.78% to 647.02. More on Financials:
Upstart Frequently Asked Questions (FAQ)
When was Upstart founded?
Upstart was founded in 2012.
Where is Upstart's headquarters?
Upstart's headquarters is located at 2950 South Delaware Street, San Mateo.
What is Upstart's latest funding round?
Upstart's latest funding round is IPO.
How much did Upstart raise?
Upstart raised a total of $642.23M.
Who are the investors of Upstart?
Investors of Upstart include Paycheck Protection Program, First National Bank of Omaha, HOOPP, Progressive Investment Company, First Round Capital and 19 more.
Who are Upstart's competitors?
Competitors of Upstart include Happy Money, SteadyPay, Avant, Prosper, Zest AI and 7 more.
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Compare Upstart to Competitors

Prosper operates as a financial technology company. The company offers a range of financial solutions including personal loans, credit cards, and home equity lines of credit, which are designed to support customers in consolidating debt, financing home improvements, covering healthcare costs, and enhancing their financial well-being. Prosper primarily serves individuals across the credit spectrum, providing them with affordable financial solutions. Prosper was formerly known as Auto Quick Invest. It was founded in 2005 and is based in San Francisco, California.

Avant provides a digital lending platform. It includes personal loans, credit cards, mobile banking, and auto refinance. The company was founded in 2012 and is based in Chicago, Illinois.

Zest AI provides artificial intelligence (AI)-driven credit underwriting software in the financial technology sector. The company offers a complete solution for lending, including the creation of custom machine-learning risk models, model assessment, regulatory compliance, performance management, and model monitoring. Zest AI primarily serves the lending segment of the economy, including banks, credit unions, and specialized lenders. It was founded in 2009 and is based in Burbank, California.

Zirtue offers a relationship-based lending application that aims to drive financial inclusion. It provides funds through relationship-based loans. It offers peer lending and borrowing. The company was founded in 2018 and is based in Dallas, Texas.

Amount develops digital banking and financial technology solutions. The company offers a suite of products and services that enable financial institutions to provide mobile banking experiences, including swift loan approval, automated account origination, and flexible payment solutions. Its primary customers are financial institutions and their merchant partners. It was founded in 2020 and is based in Chicago, Illinois.
SoLo Funds provides money lending and borrowing services through a community finance platform. It offers a peer-to-peer lending marketplace for microloans. It allows members to access and supply short-term funds for immediate needs. The company was founded in 2018 and is based in Los Angeles, California.
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