Upvest

Financial ServicesSeries CBerlin, Germanyupvest.co

Latest round

Series C

Last raised

Dec 2024

Total raised

$199M

Investors

18

About Upvest

Based in Germany, Upvest GmbH provides an online Investment API that enables financial institutions to offer tailored investment experiences and facilitate trading operations for end users. Founded in 2017, Upvest GmbH is a Berlin-based fintech company that specializes in providing investment solutions. The founders, Christian Schäfer, Ivan Morozov, Juha Ristolainen, Martin Kassing, and Til Rochow, have a diverse background in technology and finance, with Martin Kassing currently serving as CEO. Upvest GmbH offers a comprehensive Investment API designed to facilitate tailored investment experiences for end users. This API connects users to exchanges and market makers, allowing order placements at optimal execution prices. It supports fractional trading of securities, enabling investments from as little as 1 EUR, and provides custodial services for both traditional securities and crypto assets, managing tax obligations, corporate events, and reporting. Upvest focuses on serving European clients, particularly within the European Economic Area (EEA), supporting investment firms and financial institutions in delivering customized investment solutions.70, while reporting an EBITDA of GBP -14,254,424. The company's revenue model involves partnerships with financial institutions and investment firms utilizing its Investment API, which may include transaction fees based on trading volumes and potential subscription fees for continuous service access. Upvest GmbH is focusing on expanding its product offerings and enhancing its Investment API capabilities.

Who invested in Upvest

18 investors across 7 rounds

See all investors in Upvest

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series C

    Dec 14, 2024

    Amount

    $105M

    Investors

    Locked

  2. Series B

    Jul 14, 2023

    Amount

    $34M

    Investors

    Locked

  3. Series B

    Jun 14, 2022

    Amount

    $42M

    Investors

    Locked

  4. Series A

    May 4, 2021

    Amount

    $4.9M

    Investors

    Locked

  5. Series A

    Sep 10, 2020

    Amount

    $5.9M

    Investors

    Locked

  6. Series A

    Dec 6, 2019

    Amount

    $7.7M

    Investors

    Locked

  7. Seed

    Aug 1, 2017

    Amount

    Undisclosed

    Investors

    Locked

Questions about Upvest

Who invested in Upvest?

Upvest has 18 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 Upvest raised?

Upvest has raised 7 venture rounds. Sign up free to see how much each round raised and the total.

When did Upvest last raise money?

Upvest's most recent round on record is a Series C, in Dec 2024.

What does Upvest do?

Based in Germany, Upvest GmbH provides an online Investment API that enables financial institutions to offer tailored investment experiences and facilitate trading operations for end users.

Where is Upvest headquartered?

Upvest is headquartered in Berlin, Germany.

Which VCs invest in companies like Upvest?

Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back financial services companies at Upvest's stage. Their profiles are linked below.

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