LendUp Overview
- Founded
- 2012
- Status
- Private
- Employees
- 47
- Latest Deal Type
- 2ndary - Private
- Investors
- 23
LendUp General Information
Description
Provider of online lending services intended to redefine financial services for the emerging middle class. The company's services provide technology-enabled loans and credit cards to people with low credit scores and volatile incomes repayable on an installment basis, enabling clients to improve their financial health at lower costs.
Contact Information
- 1750 Broadway
- Suite 300
- Oakland, CA 94612
- United States
LendUp Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
11. Secondary Transaction - Private | 01-Jun-2021 | 00000 | Completed | Generating Revenue | ||
10. Later Stage VC | 10-Jan-2019 | 00000 | Completed | Generating Revenue | ||
9. Early Stage VC | 28-Jun-2017 | 00000 | Completed | Generating Revenue | ||
8. Debt - General | 02-Mar-2017 | 00000 | 00000 | Completed | Generating Revenue | |
7. Later Stage VC (Series C) | 01-Jun-2016 | 000.00 | 00000 | 00000 | Completed | Generating Revenue |
6. Early Stage VC (Series B) | 20-Jan-2016 | 00000 | 00000 | 00000 | Completed | Generating Revenue |
5. Early Stage VC (Series A1) | 01-Apr-2015 | 000 | 000.00 | 00000 | Completed | Generating Revenue |
4. Debt - General | 28-Apr-2014 | 0000 | 000.00 | Completed | Generating Revenue | |
3. Early Stage VC (Series A) | 12-Nov-2013 | $14M | $18.6M | 0000 | Completed | Generating Revenue |
2. Early Stage VC | 10-Oct-2012 | $4.59M | $4.59M | 000.00 | Completed | Generating Revenue |
LendUp Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series C | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
Series B | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Series A-1 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
Series A | 36,163,345 | $0.000002 | $0.03 | $0.4 | $0.4 | 1x | $0.4 | 19.33% |
Seed | 17,331,520 | $0.000002 | $0.02 | $0.27 | $0.27 | 1x | $0.27 | 9.26% |
LendUp Comparisons
Industry
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Request a free trialLendUp Competitors (37)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Elevate Credit | Formerly VC-backed | Fort Worth, TX | 000 | 00000 | 000000 - 000 | 00000 |
0000000 | Venture Capital-Backed | San Francisco, CA | 000 | 00000 | 00000000000 | 00000 |
00000000 | Venture Capital-Backed | Redwood City, CA | 000 | 00000 | 00000000000 | 00000 |
00000 | Corporation | Chicago, IL | 000000000000 | |||
00000 (000000 0000 | Corporate Backed or Acquired | Chicago, IL | 000 | 00.000 | 000000000 - | 00.000 |
LendUp Patents
LendUp Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20140229363-A1 | System and method to request and collect information to determine personalized credit | Abandoned | 13-Feb-2013 | 0000000000 | 0 |
US-20150170271-A1 | System and method to request and collect information to determine personalized credit | Abandoned | 13-Feb-2012 | 0000000000 |
LendUp Executive Team (28)
LendUp Board Members (6)
Name | Representing | Role | Since |
---|---|---|---|
Ali Rowghani | Y Combinator | Board Observer | 000 0000 |
Anu Shultes | LendUp | Chief Executive Officer & Board Member | 000 0000 |
Blake Byers Ph.D | GV | Board Member | 000 0000 |
Frank Rotman | QED Investors | Board Member | 000 0000 |
Nigel Morris | QED Investors | Chairman | 000 0000 |
LendUp Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
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Request a free trialLendUp Investors (23)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Ataria Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
Felix Shpilman | Angel (individual) | Minority | 000 0000 | 000000 0 | |
Invus Financial Advisors | PE/Buyout | Minority | 000 0000 | 000000 0 | |
LL Funds | PE/Buyout | Minority | 000 0000 | 000000 0 | |
Victory Park Capital | PE/Buyout | Minority | 000 0000 | 000000 0 |