Upstart Lands $5.9M More
San Francisco-based Upstart, the startup which is letting prospective entrepreneurs raise capital by trading away a portion of their future income for 10 years, said today that it has raised $5.9M in a Series A funding round. The firm said the funding came from Founder's Fund, Khosla Ventures, Collaborative Fund, Eric Schmidt, Marc Benioff, and Scott Banister. Upstart said the funding comes in addition to the $1.75M it raised in April of 2012. Upstart lets new graduates trade their future potential income for upfront capital.
posted on Monday, April 22, 2013 (Link to more information)
Related companies:
Upstart
Related stories:
> Upstart, Led By Ex-Googlers, Snags $35M For Personal Loans
> Upstart Trades Capital For Grads' Future Income
> Box.net Lands $1.5M From DFJ
> Solazyme Lands $5M In Debt
> Lever Lands $10M For Job Application Tracking
silicontap.com Home