Upstart, a US-based crowdfunding platform to invest in graduates’ future careeer-earning potential, has raised $5.9m in its series A round.
In August, Upstart raised $1.75m in a seed round including search engine Google’s corporate venturing unit. Alongside Google Ventures in the seed round were venture capital firm Kleiner Perkins Caufield & Byers and angel investor Mark Cuban.
Upstart said new investors for the A round included venture capital firms Founder’s Fund, Khosla Ventures and Collaborative Fund and angel investors Eric Schmidt (chairman of Google), Marc Benioff (chief executive of software company Salesforce), and Scott Banister (IronPort co-founder).
Former Google president for the enterprise business Dave Girouard (pictured) founded Upstart last year.
In a blog post, he said: “Since launching in November, more than $1m in funding offers have been made to upstarts. We’ve published more than 80 upstart and 135 backer profiles to our site. 555 unique funding offers have been…
