Upromise Overview

  • Founded
  • 2000
Founded
  • Status
  • Acquired/​Merged
  • Employees
  • 111
Employees
  • Latest Deal Type
  • M&A

Upromise General Information

Description

Operator of a platform designed to helps families save for college. The company provides a loyalty program, where members accrue credits on eligible purchases that are directed to college savings plans or to pay down student loans, enabling parents or guardians to save for future education.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Other Services (B2C Non-Financial)
Parent Company
Primary Office
  • 85 Wells Avenue
  • Suite 110
  • Newton, MA 02459
  • United States
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Upromise Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 01-Jun-2020 Completed Profitable
5. Merger/Acquisition 23-Aug-2006 00000 00000 00000 Completed Profitable
4. Later Stage VC (Series D) 23-Mar-2004 0000 00000 000.00 Completed Profitable
3. Later Stage VC (Series C) 09-Oct-2002 0000 00000 000.00 Completed Profitable
2. Early Stage VC (Series B) 06-Nov-2000 $55M $89M 00000 Completed Profitable
1. Early Stage VC (Series A) 01-Feb-2000 $34M $34M 00000 Completed Profitable
To view Upromise’s complete valuation and funding history, request access »

Upromise Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series D 00,000,000 00.000000 00.00 00.00 00 00.00 00.00
Series C 00,000,000 00.000000 00.00 00.00 00 00.00 00.00
Series B 6,187,010 $0.010000 $8.93 $8.93 1x $8.93
Series A 6,238,534 $0.010000 $5.45 $5.45 1x $5.45
To view Upromise’s complete cap table history, request access »

Upromise Executive Team (8)

Name Title Board Seat Contact Info
Michael Bronner Co-Founder
Rich O'Neal Senior Vice President, Operations & Corporate Secretary Officer
David Fialkow JD Co-Founder
You’re viewing 3 of 8 executive team members. Get the full list »

Upromise Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Upromise Former Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
CRV Venture Capital Minority 000 0000 000000 0
General Atlantic Growth/Expansion Minority 000 0000 000000 0
General Catalyst Venture Capital Minority 000 0000 000000 0
Greylock Partners Venture Capital Minority 000 0000 000000 0
Hellman & Friedman PE/Buyout Minority 000 0000 000000 0
You’re viewing 5 of 8 investors. Get the full list »