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Upromise
company
About
Upromise is a U.S. loyalty program that provides credit for college students and family members to make it easier to pay for college.
- 501 - 1000
Highlights
Details
- Last Funding Type
- Series A
- Last Funding Money Raised
- $34M
- Industries
- Education,Financial Services,Loyalty Programs
- Founded date
- Jan 1, 2000
- Number Of Employee
- 501 - 1000
- Operating Status
- Active
Upromise is a U.S. loyalty program that provides credit for college students and family members to make it easier to pay for college. Upromise members accrue credit on eligible purchases from Upromise partners. The partners include groceries, gas stations, restaurants and online retailers. The points earned can then be used to pay for college expenses, like tuition and loans.Upromise was co-founded in 2000 by Michael Bronner, David Fialkow and Jeff Bussgang. The company is owned by SLM Corporation and is based in Newton, Massachusetts.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
1
$34M
Upromise has raised a total of
$34M
in funding over 2 rounds. Their latest funding was raised on
Jul 13, 2000 from a Series A round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jul 13, 2000 | Series A | $34M | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
—
1
Upromise is funded by 1 investors.
General Catalyst
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
General Catalyst
|
— | Series A |
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