Koch Disruptive Technologies returned for a round valuing the consumer finance provider at $6bn pre-money.
US-based consumer credit provider Upgrade secured $280m yesterday in a series F round featuring Koch Disruptive Technologies, an investment subsidiary of chemical and energy conglomerate Koch Industries, at a pre-money valuation of $6bn.
Coatue Management and DST Global co-led the round, which included Dragoneer Investment Group, G-Squared, Gopher Asset Management, Old Well Partners, Sands Capital, Ribbit Capital, Ventura Capital and Vy Capital. It brings the company’s total funding to $600m, it said.
Founded in 2017, Upgrade provides an online banking…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
