Total amount raised
$74.9 Millions
Latest funding date
01/01/2019
Location
Uphold is a versatile platform that enables users to buy, sell, and trade a wide range of digital assets, including cryptocurrencies and metals. The platform offers features such as earning interest, staking rewards, and simple trading, all while emphasizing security and transparency.
Keep reading to explore the intricacies of Uphold's fundraising journey and the investors backing this innovative platform.
What Is Uphold?
Uphold, founded in 2014, operates in the cryptocurrency and digital assets industry. The platform is headquartered in Larkspur, California, with an additional office in Vancouver, Canada.
Uphold enables users to buy, sell, and trade a variety of digital assets, including cryptocurrencies and metals. The platform emphasizes transparency and security, publishing its assets and liabilities every 30 seconds.
While specific founder names and employee count are not disclosed, Uphold is known for its user-friendly interface and features such as high-interest accounts and staking rewards.
How Much Funding Has Uphold Raised?
- Series A
- Amount Raised: $5M
- Date: February 2014
- Series B
- Amount Raised: $16.7M
- Date: December 2014
- Lead Investors: Venovate
- Seed Round
- Amount Raised: $2.6M
- Date: January 2017
- Series C
- Amount Raised: $50.6M
- Date: January 2019
- Lead Investors: Hard Yaka
In total, Uphold has raised $74.9M.
Key Investors
- Hard Yaka
- Details: Hard Yaka is a venture capital firm founded by serial entrepreneur and investor Greg Kidd. The firm is known for its investments in early-stage companies that focus on financial technology and digital identity.
- Investment Focus Areas: Financial technology, digital identity, blockchain.
- Notable Investments: Ripple, Twitter, Square.
- Venovate
- Details: Venovate is an investment platform that connects accredited investors with private investment opportunities. The firm aims to simplify the investment process and provide access to a diverse range of assets.
- Investment Focus Areas: Private equity, real estate, venture capital.
- Notable Investments: Not publicly disclosed.
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