Upstart

About:

Upstart (NASDAQ: UPST) is a leading AI lending marketplace partnering with banks and credit unions to expand access to affordable credit.

Website: https://upstart.com/about

Twitter/X: Upstart

Top Investors: Khosla Ventures, Rakuten, First Round Capital, Progressive, Google Ventures

Description:

Upstart is a lending platform that leverages artificial intelligence and machine learning to price credit and automates the borrowing process. The company's proprietary underwriting model identifies borrowers despite limited credit and employment history by using variables including schools attended, area of study, and work experience. Upstart powered banks can offer higher approval rates and experience lower loss rates*, while simultaneously delivering the exceptional digital-first lending experience their customers demand. Upstart was founded in 2012 and headquartered in San Mateo, California and Columbus, Ohio.