LendUp
Company

Last deal

Amount

Undisclosed

Stage

28.06.2017

Date

3

all rounds

$361.5M

Total amount

date founded

Financing round

General

About Company
LendUp is a socially responsible lender providing financial solutions to underserved Americans.

Industry

Sector :

Subsector :

Keywords :

founded date

21.11.2011

Number of employees

Company Type

For Profit

Last funding type

Undisclosed

IPO status

Private

Description

LendUp offers technology-enabled loans and credit cards to individuals with low credit scores and volatile incomes, aiming to improve their financial health. By embedding education and credit-building opportunities into their products, LendUp helps borrowers break free from debt cycles. Founded by two step-brothers with extensive experience in finance and technology, LendUp is a data-driven company that builds all its technology in-house. With over $325 million in funding from notable investors, LendUp is committed to offering high-quality credit and savings products to address income volatility and financial instability, ultimately empowering millions of Americans.
Contacts

Contact Email

Phone number

Social url

Sub-Organizations
1
Mission Lane

Mission Lane

Mission Lane is a consumer finance company that provides access to fair and clear credit through world-class credit cards.

Sector

Finance and Credit Services

Subsector

Consumer Lending

Keywords

Financial Services, Finance, Banking

Location

San Francisco, CA, USA

total rounds

4

total raised

$675M
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Subsector

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Subsector

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Trycera Financial

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Consumer Lending

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Subsector

Consumer Lending

Keywords

Financial Services, FinTech, Finance

Location

New York, NY, USA

Financials

Funding Rounds
11
3

Number of Funding Rounds

$361.5M

Money Raised

Their latest funding was raised on 28.06.2017. Their latest investor GV. Their latest round Undisclosed

Date 
Funding Round 
Investors 
Money Raised 
Lead 
PayPal Ventures

PayPal Ventures

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Sector

Investment Banking and Brokerage Services

Subsector

Diversified Financial Services

Keywords

Financial Services, Venture Capital, Finance

Location

San Jose, CA, USA

count Of Investments

95

count Of Exists

9
Victory Park Capital

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Sector

Investment Banking and Brokerage Services

Subsector

Diversified Financial Services

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Chicago, IL, USA

count Of Investments

56

count Of Exists

4
Y Combinator

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Y Combinator is a startup fund and program that invests in a large number of startups twice a year.

Sector

Industrial Support Services

Subsector

Professional Business Support Services

Location

Mountain View, CA, USA

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2

total raised

$1.5B

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6600

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588
DCVC

DCVC

DCVC supports entrepreneurs using Deep Tech to solve problems and enhance the benefits of capitalism.

Sector

General Industrials

Subsector

Diversified Industrials

Location

San Francisco, CA, USA

count Of Investments

351

count Of Exists

64
Thomvest Ventures

Thomvest Ventures

Thomvest Ventures specializes in early-to-mid stage investments in various technology sectors.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

San Francisco, CA, USA

count Of Investments

104

count Of Exists

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SV Angel

SV Angel

SV Angel is a San Francisco-based seed fund that provides seed investment and advice to early stage internet software companies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Venture Capital, Finance

Location

San Francisco, CA, USA

total rounds

1

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1034

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316
PayPal Ventures

PayPal Ventures

PayPal Ventures is PayPal's venture capital arm, investing in strategic areas to generate returns.

Sector

Investment Banking and Brokerage Services

Subsector

Diversified Financial Services

Keywords

Financial Services, Venture Capital, Finance

Location

San Jose, CA, USA

count Of Investments

95

count Of Exists

9
Susa Ventures

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Susa Ventures is an early-stage venture capital firm that invests primarily in seed rounds.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

San Francisco, CA, USA

total rounds

2

count Of Investments

192

count Of Exists

18
QED Investors

QED Investors

QED Investors is a leading boutique venture capital firm.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Venture Capital, FinTech

Location

Alexandria, VA, USA

count Of Investments

271

count Of Exists

31
Co-Investors
Investors
18
9

Number of lead investors

18

Number of investors

Investor 
Lead 
Round 
Partners 
No
Seed, Series B, Series C
No
Seed
GV

GV

GV is a venture capital firm that provides funding to innovative startups in various fields.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

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820

count Of Exists

169
Blake Byers

Blake Byers

Blake Byers began doing biomedical research as a high school student at Stanford in 2002, and has worked in seven laboratories over the last nine years. Outside of lab, he has worked as a marketer at Electronic Arts, a pharmaceutical equity research analyst at Morgan Stanley, and an angel investor. Blake’s research has spanned antibiotic mechanisms of action, endothelial cell binding, bioimpediance device design, mesendoderm stem cell isolation, Parkinson’s disease modeling, and fMRI imaging of allogeneic brain grafts — resulting in multiple publications and two first author papers (Cell Stem Cell, 2011 and PLoS One, 2011). Blake received a Bachelor of Science in biomedical engineering and Bachelor of Science in economics from Duke University and holds a Master of Science and Ph.D. in bioengineering from Stanford University.

current job

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Founders' Co-op

Founders' Co-op

Founders' Co-op is a seed-stage venture fund supporting Pacific Northwest entrepreneurs.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Seattle, WA, USA

total rounds

1

count Of Investments

142

count Of Exists

36
Chris DeVore

Chris DeVore

Chris DeVore has been an investor, operator and executive at both public and private companies.Prior to Founders Co-op, Chris co-founded of Judy's Book and served as the company's COO and member of the board of directors. Previously Chris was a Vice President at Sapient Corporation (NASDAQ: SAPE), where he built and led the company's strategy consulting practice and was also a core member of the M&A and corporate venturing teams. Chris arrived at Sapient via the 1999 acquisition of Adjacency, an e-Commerce consultancy he and his partners bootstrapped into a profitable, 50-person, $15MM revenues firm serving clients like Apple, Nordstrom, Virgin, Land Rover and Steelcase. Prior to Adjacency, Chris served as Patagonia's Director of eCommerce, building that outdoor retailer's first online retail presence, and also led and managed six of the company's product lines. Pre-Internet, Chris held senior product management and strategic planning roles at McCaw Cellular (acquired by AT&T) and at AT&T (NYSE: T).Chris is currently an investor and board / advisory board member for: Appature, AppStoreHQ, Bonanzle, Colligent, Cooler Planet, Frugal Mechanic, Nearlyweds!, LookStat and Urban Airship.

current job

Reflective
Reflective

organization founded

3
Kapor Capital

Kapor Capital

Kapor Capital supports early-stage tech-enabled startups.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Venture Capital, Funding Platform

Location

Oakland, CA, USA

count Of Investments

214

count Of Exists

48

People

Founders
1
Jacob Rosenberg
Jacob Rosenberg

Jacob Rosenberg

Jacob Rosenberg Founder and CTO of LendUp.Jacob Rosenberg was the 80th employee at Yahoo and CTO of Platform at Zynga.

count Of Investments

1

Jacob Rosenberg

Employee Profiles
137

Allen Teplitsky

People operations manager

Demetrius Brumdage

Compliance analyst

Samir Patel

Samir Patel

Vice President Growth [Interim]

Vickie Lim

Director, program management

Gizelle Barany

Gizelle Barany

Chief Legal Officer & Corporate Secretary

Erica Carpenter

Head of people operations

Yevgeniy Frenklakh

Senior marketing manager, growth

Jeremy Doornbos

Senior software engineer

Activity

Recent News
0