Upper90 is a hybrid investment firm providing credit and equity to disruptive startups in e-commerce, enterprise, and fintech. The firm leverages data to invest in companies with predictable revenue models, typically offering debt financing and participating in equity rounds from seed to Series D. Upper90 manages $485M in assets and has originated over $1.5Bn in investments since its founding in 2018.
Notable portfolio companies include Thrasio, Crusoe Energy Systems, and Octane. Founded by executives from Seamless-GrubHub and Goldman Sachs, Upper90 is backed by over 300 business builders. The firm's unique approach combines credit and equity investments, aiming to help founders retain more ownership while providing capital for growth-stage companies in capital-intensive sectors.
Upper90 - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Total Investments32
Current Portfolio Count17
Total Portfolio Exits2
Top Investment Stages
Debt Financing7 (25.0%)
Seed7 (25.0%)
Series A5 (17.9%)
Series B5 (17.9%)
Series D4 (14.3%)
Stage Mix
Debt Financing 25%Seed 25%Series A 18%Series B 18%Series D 14%
Concentration shown as share of disclosed investments by stage.
Upper90 - Classification
- NAICS
- 520000Finance and Insurance
- SIC
- 6000Depository Institutions
Show 10 more industry codes
- NAICS
- 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
- 523900Other Financial Investment Activities
- 523990All Other Financial Investment Activities
- 523999Miscellaneous Financial Investment Activities
- SIC
- 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
- 6700Holding And Other Investment Offices
- 6280Services Allied With The Exchange Of Securities Or Commodities
- 6720Investment Offices
- 6282Investment Advice
- 6722Management Investment Offices, Open-end