Oportun

About

Oportun is a fintech company that provides financial services from personal loans to financial resources.

Menlo Park,California,United States
1001 - 5000
https://oportun.com

Highlights

Details

Last Funding Type: Post-IPO Debt
Last Funding Money Raised: $150M
Industries: Consumer Lending,Debit Cards,Financial Services,FinTech
Founded date: Jun 1, 2005
Number Of Employee: 1001 - 5000
Operating Status: Active
Stock Symbol: nasdaq:OPRT
Legal Name: Oportun, Inc.
Also Known As: Progreso Financiero

Oportun is a fintech company that provides financial services from personal loans to financial resources.

The company's mission-based technology-powered approach is designed to be inclusive, affordable, and empowering. It lends money to hardworking, low-to-moderate-income individuals and helps customers move forward in their lives, demonstrate their creditworthiness, and help establish the credit history they need to access new opportunities.

Oportun was founded in 2005 and is headquartered in San Carlos, California.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

12

$660.08M

Oportun has raised a total of $660.08M in funding over 2 rounds. Their latest funding was raised on Sep 15, 2022 from a Post-IPO Debt round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Sep 15, 2022	Post-IPO Debt	$150M	1	Neuberger Berman Group	—	Detail
Dec 20, 2021	Post-IPO Debt	$150M	1	WebBank	—	Detail
Sep 25, 2019	IPO	$94M	—	—	—	Detail
Feb 11, 2015	Private Equity（PE）	$90M	2	Fidelity Management and Research Company	—	Detail
Sep 10, 2013	Series Unknown	$46.60M	4	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

3

22

Oportun is funded by 22 investors. Neuberger Berman Group and WebBank are the most recent investors.

Investor Name	Lead Investor	Funding Round
Neuberger Berman Group	Yes	Post-IPO Debt
WebBank	Yes	Post-IPO Debt
Fidelity Management and Research Company	Yes	Private Equity（PE）
IVP	—	Private Equity（PE）
Greylock	—	Series Unknown
Madrone Capital Partners	—	Series Unknown
TPG	—	Series Unknown
Adam Roddriguez	—	Series F
Core Innovation Capital	—	Series F
CRV	—	Series F