Uphold

company

About

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

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
Bitcoin acquisition Detail
Feb 22, 2018 Cortex MCP
E-Commerce acquisition Detail
Event Management acquisition Detail
Feb 3, 2021 Optimus Cards
Debit Cards acquisition Detail