Oportun
Latest round
- Series H
Last raised
- Feb 2015
Total raised
- $159M
Investors
- 11
About Oportun
Oportun, Inc.-based financial technology company that specializes in providing affordable personal loans to underserved consumers, promoting financial inclusion and responsible borrowing. Founded in 2006 and headquartered in Menlo Park, California, Oportun, Inc. offers unsecured personal loans and has undergone strategic developments to enhance its accessibility. The current CEO is Raul Vazquez. In February 2026, Oportun, Inc. Oportun specializes in providing affordable personal loans and savings tools designed to empower individuals on their financial journeys. The company primarily offers unsecured personal loans ranging from USD 300 to USD 10,000, which cater to various needs such as bills, repairs, and deposits. Additionally, Oportun has developed a unique savings product, Set & Save™, which intelligently analyzes users' spending habits and automates savings into a dedicated account, helping customers accumulate an average of over USD 1,800 per year. The services are structured to serve a diverse client base, including underserved communities and individuals seeking to build or improve their credit histories., including Arizona, California, Texas, Florida, New Jersey, and Illinois, ensuring accessibility for a wide range of customers seeking financial assistance. Oportun generates revenue primarily through the issuance of personal loans, which are typically subject to an administrative fee of up to 10% of the principal loan amount.75 mn. Revenue is derived from the interest accrued on these loans, along with administrative fees applied at the outset of the loan agreement. By fostering long-term relationships with clients and providing financial education through their app, Oportun aims to enhance customer retention and encourage responsible financial behaviors within their client base.
Who invested in Oportun
11 investors across 7 rounds
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Funding rounds
Series H
Feb 6, 2015
Amount
$90M
Investors
Series E
Jan 19, 2011
Amount
$20M
Investors
Series D
Jun 8, 2010
Amount
$28M
Investors
Series C
Jan 23, 2009
Amount
$7.2M
Investors
Series C
Dec 23, 2008
Amount
$7.2M
Investors
Series B
Feb 14, 2007
Amount
$5M
Investors
Seed
Jan 1, 2006
Amount
$1.3M
Investors
Questions about Oportun
Who invested in Oportun?
Oportun has 11 investors on record across 7 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Oportun raised?
Oportun has raised 7 venture rounds. Sign up free to see how much each round raised and the total.
When did Oportun last raise money?
Oportun's most recent round on record is a Series H, in Feb 2015.
What does Oportun do?
Oportun is a financial services company.
Where is Oportun headquartered?
Oportun is headquartered in Menlo Park, US.
Which VCs invest in companies like Oportun?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Oportun's stage. Their profiles are linked below.
VCs backing financial services startups at Series H
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