Upstart

Upstart is an AI-driven lending marketplace that connects consumers with banks and credit unions. Founded in 2012 and headquartered in San Mateo, California, the company utilizes proprietary AI models and cloud-based applications to enhance the lending process. Upstart went public in 2020 and has since expanded its offerings across various lending verticals.The company provides an AI-powered lending platform that assesses creditworthiness using machine learning and non-traditional variables. Upstart offers personal loans, auto loans, home equity lines of credit (HELOCs), and small-dollar relief loans. It partners with over 100 banks and credit unions to improve access to credit, particularly for those traditionally excluded by conventional underwriting methods. Upstart's marketplace model allows lenders to scale operations efficiently while maintaining a focus on democratizing credit access.