Credit-focused company Upgrade raises $280 million at $6 billion valuation

Credit-focused company Upgrade raises $280 million at $6 billion valuation

3 years ago
Anonymous $FNmJglWnLu

https://techcrunch.com/2021/11/16/credit-focused-company-upgrade-raises-280-million-at-6-billion-valuation/

Fintech company Upgrade has raised a Series F round just four months after raising its previous round. Today, the company is announcing $280 million in new funding at a $6 billion pre-money valuation.

In August, the company announced its Series E round — $105 million at a $3.325 billion valuation. In other words, the company is both well capitalized and has increased its valuation by a few billion dollars in very little time.