Uphold

About

Uphold’s technology enables individuals and businesses to invest, exchange, spend and transfer currencies, commodities, equities, and more.

New York,New York,United States
101 - 250
https://uphold.com/

Highlights

Details

Last Funding Type: Series C
Last Funding Money Raised: $50.60M
Industries: Bitcoin,Blockchain,Cryptocurrency,Debit Cards,Financial Services,FinTech,Trading Platform
Founded date: Jan 1, 2013
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: Uphold Inc.
Also Known As: Bitreserve,Uphold Group

Uphold’s technology enables individuals and businesses to invest, exchange, spend and transfer 84 currencies (national & digital), commodities, equities, and more globally. The eWallet, reserve, payment and open API platform allows businesses and our 6+ million users a secure way to transact between supported assets instantly, almost anywhere in the world. We offer a unique trading experience - ‘Anything-to-Anything’ - allowing customers to trade directly between asset classes, saving time and money. Uphold connects new and old money systems through the integration of blockchain networks, Interledger, banking rails in over 35 countries, and credit & debit cards. The platform enables instant peer-to-peer and spending via the Uphold debit MasterCard - send or spend currencies, commodities, equities or any other asset we support in over 150 countries.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$74.90M

Uphold has raised a total of $74.90M in funding over 2 rounds. Their latest funding was raised on Jan 1, 2019 from a Series C round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jan 1, 2019	Series C	$50.60M	3	Hard Yaka	—	Detail
Jan 1, 2017	Seed	$2.60M	—	—	—	Detail
Dec 9, 2014	Series B	$16.70M	1	Venovate	—	Detail
Feb 26, 2014	Series A	$5M	—	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

8

0

Uphold has made 8 investments. Their most recent investment was on Jan 6, 2022, when STAGE raised $2.50M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Jan 6, 2022 STAGE	Seed	$2.50M	Apps	—
Oct 12, 2021 NFTically	Seed	$500K	Blockchain	—
Jun 10, 2021 Ledger	Series C	$380M	Cryptocurrency	—
Jun 8, 2021 Blockdaemon	Series A	$28M	Bitcoin	—
May 30, 2021 Plum	Series A	$15.60M	Employee Benefits	—

Investors

Number of Lead Investors

Number of Investors

2

4

Uphold is funded by 4 investors. Hard Yaka and Venovate are the most recent investors.

Investor Name	Lead Investor	Funding Round
Hard Yaka	Yes	Series C
Venovate	Yes	Series B
Coil	—	Series C
Rosemoor Capital Management LLC	—	Series C

Employee Profiles

Number of Employee Profiles

13

Uphold has 13 current employee profiles, including Executive J.P. Thieriot

Executive

Advisor

Executive

Board member

Executive

Acquisition

Uphold has acquired 4 organizations. Their most recent acquisition was Bitnet Technologies on Oct 24, 2016. They acquired Bitnet Technologies for 0.

Date Company Name	Industry	Acquisition Type	Price
Oct 24, 2016 Bitnet Technologies	Bitcoin	acquisition	—	Detail
Feb 22, 2018 Cortex MCP	E-Commerce	acquisition	—	Detail
Jun 27, 2018 JNK Securities Corp.	Event Management	acquisition	—	Detail
Feb 3, 2021 Optimus Cards	Debit Cards	acquisition	—	Detail