Upside Overview
- Year Founded
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2015

- Status
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Private
- Employees
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404

- Latest Deal Type
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Series D
- Latest Deal Amount
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$165M
- Investors
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15
Upside General Information
Description
Developer of a cashback rewards platform designed for earning savings. The company's platform offers personalized cashback offers on everyday purchases such as gas, groceries, and dining, enabling consumers to save on regular spending and routine expenses.
Contact Information
Website
www.upside.comCorporate Office
- 1701 Rhode Island Avenue NorthWest
- Washington, DC 20036
- United States
Corporate Office
- 1701 Rhode Island Avenue NorthWest
- Washington, DC 20036
- United States
Upside Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
6. Later Stage VC (Series D) | 16-Mar-2022 | $165M | Completed | Generating Revenue | ||
5. Later Stage VC (Series C) | 01-Sep-2020 | Completed | Generating Revenue | |||
4. Debt - PPP | 15-Apr-2020 | Completed | Generating Revenue | |||
3. Later Stage VC (Series B3) | 27-Jan-2020 | Completed | Generating Revenue | |||
2. Early Stage VC (Series B) | 01-Oct-2018 | $50M | $56M | Completed | Generating Revenue | |
1. Early Stage VC (Series A) | 27-Nov-2015 | $6M | $6M | Completed | Startup |
Upside Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series D | ||||||||
Series C | ||||||||
Series B-3 | ||||||||
Series B-2 | ||||||||
Series B-1 | ||||||||
Series A | 26,722,550 | $0.000010 | 8% | $0.2 | $0.2 | 1x | $0.2 | 11.53% |
FF Preferred | 10,870,650 | $0.000010 | $0 | $0 | 1x | $0 | 4.69% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Upside Comparisons
Industry
Financing
Details
Upside Competitors (23)
One of Upside’s 23 competitors is Dosh, a Formerly VC-backed company based in Bee Cave, TX.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Dosh | Formerly VC-backed | Bee Cave, TX | ||||
Expensify | Formerly VC-backed | Portland, OR | ||||
Pleo | Venture Capital-Backed | Copenhagen, Denmark | ||||
Pex (Financial Software) | Venture Capital-Backed | New York, NY | ||||
Bento for Business | Formerly VC-backed | San Francisco, CA |
Upside Signals
Upside Investors (15)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
General Catalyst | Venture Capital | Minority | ||
Bessemer Venture Partners | Venture Capital | Minority | ||
Elad Gil | Angel (individual) | Minority | ||
Gokul Rajaram | Angel (individual) | Minority | ||
Hal Varian | Angel (individual) | Minority |
Upside Investments & Acquisitions (2)
Upside’s most recent deal was a Seed Round with Origami Finance for . The deal was made on 27-Aug-2024.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Origami Finance | 27-Aug-2024 | Seed Round | Other Financial Services | ||
A-Frame Ventures | 17-Apr-2020 | Merger/Acquisition | Consulting Services (B2B) |
Affiliates
Subsidiaries (1)
Name | Industry | Location | Year Founded |
---|---|---|---|
A-Frame Ventures | Chicago, IL | 2018 |
Upside FAQs
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When was Upside founded?
Upside was founded in 2015.
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Where is Upside headquartered?
Upside is headquartered in Washington, DC.
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What is the size of Upside?
Upside has 404 total employees.
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What industry is Upside in?
Upside’s primary industry is Financial Software.
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Is Upside a private or public company?
Upside is a Private company.
-
What is the current valuation of Upside?
The current valuation of Upside is
. -
What is Upside’s current revenue?
The current revenue for Upside is
. -
How much funding has Upside raised over time?
Upside has raised $291M.
-
Who are Upside’s investors?
General Catalyst, Bessemer Venture Partners, Elad Gil, Gokul Rajaram, and Hal Varian are 5 of 15 investors who have invested in Upside.
-
Who are Upside’s competitors?
Dosh, Expensify, Pleo, Pex (Financial Software), and Bento for Business are some of the 23 competitors of Upside.
Data Transparency
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