Who has invested in Upgrade?

Neuberger Berman, LuminArx Capital Management are named among the investors backing Upgrade.

Upgrade Funding: $200M Raised, Growth (2025)

Upgrade funding overview

Upgrade is a Fintech company based in San Francisco, California. Upgrade has raised $200M in total disclosed funding. That places its disclosed total in the $100M–$250M range. Its most recent disclosed round is a Growth announced in October 2025. The round record for Upgrade runs through 2025; nothing later has been disclosed. Investors on record include Neuberger Berman, LuminArx Capital Management. 2 distinct backers are named across the disclosed rounds.

Upgrade at a glance

Total raised: $200M
Latest round: Growth
Latest round date: October 2025
Industry: Fintech
Headquarters: San Francisco, California
Notable investors: Neuberger Berman, LuminArx Capital Management

Frequently asked about Upgrade funding

How much has Upgrade raised?: Upgrade has raised $200M in total disclosed funding across the rounds on record.
Who has invested in Upgrade?: Neuberger Berman, LuminArx Capital Management are named among the investors backing Upgrade.
What was the latest Upgrade funding round?: The most recent disclosed round is a Growth, announced in October 2025.
Where is Upgrade based?: Upgrade is based in San Francisco, California.
What sector does Upgrade operate in?: Upgrade is tracked under Fintech from San Francisco, California, with $200M in disclosed funding.
When did Upgrade last raise?: The last disclosed Upgrade round closed in October 2025 at Growth.

Every Upgrade figure above comes from filings and announced rounds in the StartupFundraising company database and is revised as new rounds are recorded. The lists below compare Fintech companies in San Francisco at a similar stage.

Upgrade Funding: $200M Raised, Growth (2025)

Upgrade funding overview

Upgrade at a glance

Frequently asked about Upgrade funding

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