Upgrade raises $165 million in its Series G round led by Neuberger Berman Funds to enhance its fintech offerings.
Amount Raised
$165 Million
Round Type
Series G
San FranciscoFinancial ServicesSoftwareFinanceInvestors
Description
Upgrade, Inc. announced a $165 million equity investment in its Series G round led by Neuberger Berman Funds. This funding will help Upgrade continue delivering affordable credit and banking products to mainstream consumers. The round also saw participation from existing shareholders and other investors
Quick answer
Upgrade raised $165 Million in a Series G round, dated October 16, 2025. Investors: LuminArx Capital Management, DST Global, Ribbit Capital and Neuberger Berman Funds. Upgrade is based in San Francisco, California, United States.
- How much did Upgrade raise?
- Upgrade raised $165 Million in a Series G round on October 16, 2025.
- Who invested in Upgrade?
- LuminArx Capital Management, DST Global, Ribbit Capital and Neuberger Berman Funds are named as investors in this round.
- What does Upgrade do?
- Upgrade helps customers move in the right direction with affordable and responsible financial products.
- Where is Upgrade based and how big is it?
- Upgrade is based in San Francisco, California, United States. Fundz records about 2,000 employees.
- Who are the decision-makers at Upgrade?
- Fundz holds 4 contacts at Upgrade, including the Sr. Director, New Accounts and Customer Service. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Upgrade that raised within 45 days of this round, from Fundz verified event records.
- Clara raised $70M (Debt Financing) on November 28, 2025.
- FNZ raised $650M on November 12, 2025.
- Beeline Holdings raised $7.4M (Post-IPO Equity) on November 12, 2025.
- Billd raised $7.3M (Funding Round) on November 5, 2025.
- Jupiter raised $13M (Funding Round) on October 31, 2025.
- Brico raised $14M (Series A) on October 23, 2025.
Who to call at Upgrade, and when
A new round usually means Upgrade is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Upgrade raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Upgrade, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Upgrade. With Fundz connected, it knows.
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Fundz sees it the moment Upgrade raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Upgrade raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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