The fund is backed by over 300 business builders with $485M in AUM and over $1.5Bn in total originations since being started in 2018 by executives from Seamless-GrubHub and Goldman Sachs. We leverage new data sources to invest in startups with predictable revenue models like Thrasio, Clearbanc, Crusoe Energy, and Octane Lending, who secured their first credit facilities from Upper90.
Lifecycle
The earlier we invest, the more value we can add. Upper90 initially provides $5-25M credit facilities that can scale to $250M+ for Seed - Series B startups based on the asset performance - not just equity raised.
Alignment
Our goal is to be long-term partners with portfolio companies; we generally invest across the capital stack. We only invest when we are both excited about the trajectory of the business and have high confidence in the credit quality.
Flexibility
Fast-growing startups want certainty and flexibility of capital to solve key near-term growth needs. We provide corporate, asset-based loans, preferred equity, and other creative solutions to help founders scale while preserving optionality.
Network
Our strategic group of limited partners, which includes 300+ business builders, empowers us to identify, diligence, and add further value to companies by connecting founders with real operators across industries to help with customer and talent acquisition.