# Oportun

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/oportun

- Industry: Financial Services
- Headquarters: Menlo Park, US
- Website: www.oportun.com
- Total disclosed funding: $159M
- Latest round: Series H (Feb 6, 2015)
- Investors on record: 11

## About

Oportun, Inc. is a U.S.-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. raised USD 485 million in venture debt funding from unspecified investors. 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. Oportun operates in multiple states across the U.S., 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. In the most recent fiscal year of 2022, the company reported revenue of USD 640.66 mn and an EBITDA of USD -27.75 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. The company will use the February 2026 funding to strengthen its debt capital structure.

## Funding rounds

- Series H, Feb 6, 2015, $90M — Institutional Venture Partners, Fidelity Investments
- Series E, Jan 19, 2011, $20M — CRV, SVB Capital, DAG Ventures, Greylock Partners, Madrone Capital Partners, Core Innovation Capital
- Series D, Jun 8, 2010, $28M — CRV, DAG Ventures, Greylock Partners, Madrone Capital Partners
- Series C, Jan 23, 2009, $7.2M — CRV, Greylock Partners
- Series C, Dec 23, 2008, $7.2M — Catalyst Fund Management, CRV, Greylock Partners, Madrone Capital Partners
- Series B, Feb 14, 2007, $5M — Greylock Partners, Madrone Capital Partners
- Seed, Jan 1, 2006, $1.3M — Peterson Partners, Great Oaks Venture Capital

## Investors

- Peterson Partners (https://capitalatlas.ai/funds/peterson-partners) — Seed
- Great Oaks Venture Capital (https://capitalatlas.ai/funds/great-oaks-venture-capital) — Seed
- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Series B, Series C, Series D, Series E
- Madrone Capital Partners — Series B, Series C, Series D, Series E
- Catalyst Fund Management (https://capitalatlas.ai/funds/catalyst-fund-management) — Series C
- CRV (https://capitalatlas.ai/funds/crv) — Series C, Series D, Series E
- DAG Ventures (https://capitalatlas.ai/funds/dag-ventures) — Series D, Series E
- SVB Capital (https://capitalatlas.ai/funds/svb-capital) — Series E
- Core Innovation Capital (https://capitalatlas.ai/funds/core-innovation-capital) — Series E
- Institutional Venture Partners (https://capitalatlas.ai/funds/institutional-venture-partners) — Series H
- Fidelity Investments (https://capitalatlas.ai/funds/fidelity-investments) — Series H
