FundedIQ
Financial Services

UpEquity: Funding, Investors & Team (Oct 2026)

UpEquity is a tech-enabled mortgage platform creating a better way to buy a home. UpEquity empowers customers to close offers fast by leveraging its proprietary combination of free cash offers, automated underwriting and low mortgage rates. Even first-time homebuyers receive access to the best houses on the market, in turn democratizing the American Dream. UpEquity was founded in 2019 by Tim Herman and Louis Wilson while they were attending Harvard Business School and later graduated from Y Combinator's Summer 2019 accelerator program.

www.upequity.com LinkedIn Austin, United States 51-100 employees
Total raised
$230M
Rounds
2
Latest
Undisclosed round
Jun 2025

UpEquity has raised $230M across 2 funding rounds on record, the most recent an undisclosed round of $200M announced in Jun 2025.

That round is above the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.

UpEquity Company Profile and Key Stats

Total funding raised
$230M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$200M in Jun 2025
Employees
51-100
reported band
Headquarters
Austin, United States

Latest funding round on record: Jun 2025.

UpEquity Funding Rounds

Date
Round
Amount
Undisclosed round
$200M
Debt Financing
$30.0M

UpEquity raised $30.0M in a Debt Financing announced in Oct 2021.

3.7 years later, an undisclosed round of $200M was announced in Jun 2025.

UpEquity Founders and Leadership Team

Name
Role
Contact
Tim Herman
Founder
Locked

Contact details for the UpEquity team: 1 of 1 has an email address on file.

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UpEquity Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

UpEquity's latest round of $200M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like UpEquity in Financial Services and Austin

Companies Similar to UpEquity

UpEquity Funding FAQs

What does UpEquity do?

UpEquity is a tech-enabled mortgage platform creating a better way to buy a home. UpEquity empowers customers to close offers fast by leveraging its proprietary combination of free cash offers, automated underwriting and low mortgage rates. Even first-time homebuyers receive access to the best houses on the market, in turn democratizing the American Dream. UpEquity was founded in 2019 by Tim Herman and Louis Wilson while they were attending Harvard Business School and later graduated from Y Combinator's Summer 2019 accelerator program.

How much funding has UpEquity raised?

UpEquity has raised $230M across 2 rounds on record. The most recent is an undisclosed round of $200M announced in Jun 2025.

When did UpEquity last raise funding?

UpEquity's most recent funding round on record is an undisclosed round of $200M, announced in Jun 2025.

Who founded UpEquity?

FundedIQ lists Tim Herman (Founder) at UpEquity.

Where is UpEquity headquartered?

UpEquity is based in Austin, Texas, United States.

How many employees does UpEquity have?

UpEquity is in the 51-100 employee band.

How does UpEquity's funding compare to other Financial Services startups?

UpEquity's latest round of $200M is above the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.

About FundedIQ's UpEquity Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for UpEquity is left off this page rather than filled in.

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