About Upforth
Upforth is a venture capital firm founded in 2015. It is primarily based out of San Francisco, United States. It primarily invests in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and FinTech. Overall, Upforth portfolio has seen 1 unicorn and 5 acquisitions including key companies like Mercury, Emburse and Golden. Upforth has team of 2 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Portfolio Unicorns
Portfolio Soonicorns
Upforth's List of Top Investments
Upforth has a portfolio of 16 companies, one of which is a Unicorn. Their most notable investments include Mercury and Emburse.Their portfolio spans across United States, Chile, Kenya and 1 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 11 other sectors. Here is the list of top investments by Upforth:1. Mercury
Provider of business banking, cards, expense management, and payment solutions. The company offers checking and savings accounts, credit cards, and tools for managing expenses. It facilitates payments, invoicing, and accounting automation. Treasury services provide options for earning yield with high-liquidity portfolios.
Key facts about Mercury
- Founded Year: 2017
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $346M
- Employee Count: 1,523 as on Mar 31, 2026
- Investors: Harmony Venture Partners, Sapphire Ventures and 54 Others
- Latest Funding Round: Series C, Mar 21, 2025, $*****
- Highlight: Editors' Pick
2. Emburse
Provider of travel, expense, payment, invoice, and automation management solutions. The company offers a platform delivering real-time visibility across spend channels. It provides pre-submission intelligence with categorization, VAT reconciliation, and multi-currency support. The platform covers expense, travel, invoice, AP automation, cards, and payments. It also offers AI-powered compliance to guide employees and help prevent errors.
Key facts about Emburse
- Founded Year: 2002
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $7.5M
- Employee Count: 9 as on Dec 31, 2019
- Investors: Bain Capital Ventures, FCVC and 27 Others
- Latest Funding Round: Series A, Dec 17, 2018, $*****
- Highlight: Acquired
3. Fintual
It provides a Robo advisor-based investment platform to investors. It uses algorithms to make automated investments. It invests in sovereign bonds, ETFs, and companies like Amazon, Google, JP Morgan, Berkshire Hathaway, and more
Key facts about Fintual
- Founded Year: 2017
- Location: Providencia (Chile)
- Stage: Series B
- Total Funding till date: $57M
- Employee Count: 136 as on Feb 28, 2026
- Investors: Sequoia Capital, Kaszek and 14 Others
- Latest Funding Round: Series B, Nov 02, 2021, $*****
- Highlight: Editors' Pick
4. Golden
Cloud-based knowledge Management platform for enterprises. The platform allows users to track information on topics including companies, investment funds, cryptocurrencies, crypto projects, people, and more. The platform allows users to store and share knowledge and allow users to request data. It is the tool available on the subscription-based pricing model.
Key facts about Golden
- Founded Year: 2017
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $60M
- Employee Count: 23 as on Dec 31, 2021
- Investors: FalconX, MVP Ventures and 37 Others
- Latest Funding Round: Series B, Oct 03, 2022, $*****
- Highlight: Acquired
Unicorns in Upforth's Portfolio
Upforth has 1 unicorn in its portfolio - Mercury. The most recent unicorn in their portfolio is Mercury which became a unicorn in 2021, 4 years before Upforth first invested in it.Here is a list of unicorns in Upforth's portfolio:
Filter this listTracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
83 | Provider of business banking, cards, expense management, and payment solutions | 2017 | San Francisco | Series C | demyrqu |
Acquired companies in Upforth's Portfolio
5 companies from Upforth's portfolio have been acquired. The most recent acquisition were Mobius in Mar 2025 by silver box.Here are Upforth's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 11, 2025 | - | - | 6475 | |
Apr 24, 2024 | - | - | 5807 | |
Jul 29, 2019 | - | - | 8066 | |
Apr 19, 2018 | - | - | 5504 | |
Mar 14, 2016 | - | - | 9888 |
