When was Upside founded?

Upside was founded in 2016 and became a unicorn in 2022, reaching the milestone in 6 years. It raised its 1st funding round 1 year after its incorporation.

Where is Upside located?

Upside is headquartered in Washington, DC, United States. It is registered at Englewood, Colorado.

Who is the current CEO of Upside?

Alex Kinnier of Upside. They have also founded 1 company and are an angel investors in 1 startup.

Which legal entities is Upside associated with?

Upside is associated with Upside Services, Inc. and 3 others.

How many employees does Upside have?

As of Jul 31, 2026, the latest employee count at Upside is 420.

Is Upside a funded company?

Upside is a funded company, having raised a total of $250M across 6 funding rounds to date. The company's 1st funding round was a $50M Series B round, raised on Jan 17, 2017.

How much is Upside worth?

The latest valuation of Upside is $1.5B as of Apr 26, 2022.

When was the latest funding round of Upside?

Upside's latest funding was a $100M Conventional Debt round on Apr 26, 2022, with participation from 3 investors.

Is Upside a Coupons and Deals company?

The primary sectors of Upside are Coupons and Deals, Loyalty Software and MarketingTech.

Where does Upside rank among its competitors?

Upside ranks 1st amongst 143 active competitors, of which 21 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Upside, which secured $65M in Apr, 2022.

Who are the top competitors of Upside?

Upside's top competitors include Dosh, Groupon and SheerID. Among them, Upside secured the most recent funding round in April, 2022.

Upside - 2026 Company Profile, Team, Funding & Competitors

Upside is a series D company based in Washington, DC (United States), founded in 2016 by Alex Kinnier, Joanna Kochaniak and Scott Case. It operates as a Provider of digital platforms facilitating cash back for consumer purchases. Upside has raised $250M in funding from investors like Bessemer Venture Partners, General Catalyst and Vista Equity Partners, with a current valuation of $1.5B. The company has 143 active competitors, including 21 funded and 18 that have exited. Its top competitors include companies like Dosh, Groupon and SheerID.

Sectors and market segments that Upside operate in

Upside serves in the Retail market segments.The primary business model of Upside is:

Retail > Coupons and Deals > ***** **** > ***** ******

Company Details

Provider of digital platforms facilitating cash back for consumer purchases. This service enables individuals to receive financial rebates on transactions made at participating retailers. Users link payment cards to the application to track spending and claim rewards on eligible transactions. The system processes these rebates for transfer to bank accounts or conversion into retail gift cards.

Website: www.upside.com/
Social
Email ID: *****@upside.com
Registered Address: Englewood, Colorado

Key Metrics

Founded Year

2016

Location

Washington, DC, United States

Stage

Series D

Total Funding

$250M in 6 rounds

Latest Funding Round

Conventional Debt, Apr 26, 2022, $100M

Post Money Valuation

$1.5B as on Apr 26, 2022

Investors

Bessemer Venture Partners & 17 more

Ranked

1^st among 143 active competitors

Employee Count

420 as on Jul 31, 2026

Investment & Acquisitions

A-Frame

Similar Companies

Dosh & 472 more

View Upside's full profile

Upside is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
UPSIDE CONNECTION, LLC CIN: 823152343 , United States, Active	Dec 31, 1999	-	74 (As on Dec 31, 2024)	-
Upside d.o.o. CIN: 52461243426 , Croatia, Active	Oct 23, 2019	€0 - €1M (As on Dec 31, 2024)	-
Upside Services, Inc. CIN: 20238196437 , United States, Active	Jan 01, 2024	-	262 (As on Dec 31, 2024)	-
THE UPSIDE TRAVEL COMPANY, LLC CIN: 320488731 , United States, Active	Mar 14, 2016	-	87 (As on Dec 31, 2020)	-

Upside has raised a total funding of $250M over 6 rounds. Its first funding round was on Jan 17, 2017. Its latest funding round was a Conventional Debt round on Apr 26, 2022 for $100M. 3 investors participated in its latest round. Upside has 18 institutional investors.

Here is the list of recent funding rounds of Upside:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 26, 2022	$100M	Conventional Debt	-	-	-	General Catalyst, Builders VC, Bessemer Venture Partners
Apr 26, 2022	$65M	Series D	$1.5B	-	General Catalyst	Bessemer Venture Partners, Builders VC
Sep 2020	$35M	Series C	$1.56B	-	Bessemer Venture Partners	-

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View details of Upside's funding rounds and investors

The founders of Upside are Alex Kinnier, Joanna Kochaniak and Scott Case. Alex Kinnier is the CEO of Upside.

Here are the details of Upside's key team members:

Alex Kinnier: Co-Founder & CEO of Upside and founder of 1 other company. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Joanna Kochaniak: Co-Founder of Upside and founder of 1 other company.
Contact Info: 2 email addresses
Scott Case: Former Co-Founder of Upside.

View details of Upside's Founder profiles and Board Members

Upside's employee count trend

Upside has 420 employees as of Jul 26. Here is Upside's employee count trend over the years:

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Top competitors of Upside include Dosh, Groupon and SheerID. Here is the list of Top 10 competitors of Upside, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Upside 2016, Washington, DC (United States), Series D	Provider of digital platforms facilitating cash back for consumer purchases	$250M	Bessemer Venture Partners, Capital One Ventures ... & 16 others	78/100
2nd	Dosh 2016, Austin (United States), Acquired	App-based platform offering cashback	$85.9M	Goodwater Capital, Western Technology Investment ... & 15 others	72/100
3rd	Groupon 2007, Chicago (United States), Public	Online marketplace offering deals on multi-category products and services	$980M	Silver Lake, Accel & 29 others	70/100
4th	SheerID 2011, Portland (United States), Series C	Online Customer Verification at POS	$96.1M	Voyager Capital, Centana Growth Partners & 8 others	67/100
5th	Quotient 1998, Cincinnati (United States), Acquired	Provider of retail media networks digital incentives and advertising technology	$250M	Marshall Wace, Triangle Peak Partners & 6 others	66/100
6th	RetailMeNot 2009, Austin (United States), Acquired	Provider of app and browser extension offering digital coupons & deals	$315M	Adams Street Partners, Google Ventures & 10 others	66/100
7th	AppCard 2011, New York City (United States), Series B	Personalized loyalty marketing platform for retail, grocery, and brands	$26.5M	PLDT, Mosaic Ventures & 4 others	61/100
8th	Coupons.com 1998, Atlanta (United States), Acquired	Online platform for promo codes and free printable coupons for shopping online and in-store	$250M	Greylock Partners, Passport Capital & 4 others	61/100
9th	Shopkick 2009, Redwood City (United States), Acquired	Hyperlocal mobile-app platform offering rewards and shopping assistance to consumers	$20M	Greylock Partners, Archer Venture Capital ... & 5 others	58/100
10th	PDI Technologies 1983, Alpharetta (United States), Late Stage	Provider of analytics software solutions for brands and retailers	-	Harvest Partners, Insight Partners & 3 others	57/100