UpEquity

Austin, United States Founded: 2019 • Age: 7 yrs
Online mortgage loan platform
Annual revenue - Latest available
Total funding $27.6M 5 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 1 Services tracked
Competitors 11 Brand Intelligence

About UpEquity

UpEquity is a company based in Austin (United States) founded in 2019 by Louis Wilson and Timothy Herman. UpEquity has raised $27.65 million across 5 funding rounds from investors including Launchpad Capital, S3 Ventures and Next Coast Ventures. UpEquity offers products and services including UpEquity Trade Up Program. UpEquity operates in a competitive market with competitors including Opendoor, FlyHomes, OfferPad, McMakler and Loft, among others.

  • Headquarter Austin, United States
  • Founders Louis Wilson, Timothy Herman
  • Sectors
    Real Estate & Construction
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Upequity Spv2 Llc
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $27.65 M (USD)

    in 5 rounds

  • Latest Funding Round
    $30 M (USD), Debt – Conventional

    Oct 20, 2021

  • Investors
  • Employee Count
    Not available
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Products & Services of UpEquity

UpEquity offers a comprehensive portfolio of products and services, including UpEquity Trade Up Program.

Product name locked
Category locked
Primary

Assists homeowners in buying new homes before selling by unlocking equity.

People of UpEquity

Headcount 50-200
Employee Profiles 20
Employee Profiles
People
Tim Herman
CEO
People
Andy Pruitt
Chief Technology Officer
People
Jeff Boone
Director of Engineering
People
Aparna Mathur
Vice President Of Revenue Operations

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Funding Insights of UpEquity

UpEquity has successfully raised a total of $27.65M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $30 million completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in UpEquity

UpEquity has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Launchpad Capital, S3 Ventures and Next Coast Ventures.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital investments are provided to Texas-based startups.
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Early-stage technology companies are invested in via thematic research.
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Investor details for UpEquity

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by UpEquity

Investments
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Investment portfolio details for UpEquity

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - UpEquity

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Detailed financials for UpEquity

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Upequity Comparisons

UpEquity Primary company
Description
Online mortgage loan platform
Location
Austin, United States
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for UpEquity

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of UpEquity

UpEquity operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Opendoor, FlyHomes, OfferPad, McMakler and Loft, among others.

Company Name Domain Founded year HQ Location Description
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Residential properties are resold via an app-based platform.
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Online reseller platform for residential properties is facilitated.
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Residential properties are resold online, with quotes and inspections managed.
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Online real estate brokerage services for residential and commercial spaces
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Residential properties are resold online by Loft.
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Residential properties are resold online with real-time valuations and offers.
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Detailed competitors of UpEquity

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
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Latest news on Upequity

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Complete news archive for UpEquity

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  • Source and publication date
  • Older coverage
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Frequently Asked Questions about UpEquity

UpEquity was founded in 2019.

UpEquity is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Timothy Herman is the current CEO of UpEquity. They have also founded this company.

UpEquity is a funded company, having raised a total of $27.65M across 5 funding rounds to date.

UpEquity was founded in 2019 in Austin, United States, as a fintech company focused on mortgage services. An online platform is operated to partner with mortgage wholesalers, allowing users to apply for loans with guarantees. Automated document management and verifications are included among key features. Various mortgage options and interest rates are also made available through the platform.

UpEquity's top competitors include Opendoor, FlyHomes and McMakler.

UpEquity offers UpEquity Trade Up Program.

UpEquity has 8 investors. Key investors include Launchpad Capital, S3 Ventures, Next Coast Ventures, BP Capital, and Gaingels.

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