Upgrade Raises $165M Series G Led by Neuberger

Upgrade Raises $165M Series G Led by Neuberger

Oct 16, 2025

Deal Summary

Fintech company Upgrade raised $165 million in a Series G preferred round led by Neuberger with participation from LuminArx Capital Management and existing investors including DST Global and Ribbit Capital. Peter Sterling of Neuberger will join Upgrade's board.

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