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Upgrade Raises $165M Series G Led by Neuberger Berman
Series GVenture Capital

Upgrade Raises $165M Series G Led by Neuberger Berman

•October 16, 2025
•Oct 16, 2025
0

Participants

Upgrade

Upgrade

company

New Balance

New Balance

investor

Ribbit Capital

Ribbit Capital

investor

LuminArx

LuminArx

investor

DST Global

DST Global

investor

Deal Summary

Upgrade, Inc. raised $165M in a Series G equity round led by Neuberger Berman Funds with participation from LuminArx Capital Management, DST Global, Ribbit Capital and others. The funding will support the San Francisco-based fintech's credit and banking product offerings to mainstream consumers.

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