Upstart Holdings, Inc.
Close on Oct 19, 2026
- Market cap
- $2.55B
- P/E (TTM)
- 47.4
- Dividend yield
- –
About Upstart
Finance Services, SIC 6199
Upstart operates an artificial intelligence lending marketplace designed to streamline the borrowing process across multiple credit categories. The company supports unsecured personal loans, secured automotive financing, and home equity lines of credit. Through proprietary machine learning algorithms, the platform evaluates risk and facilitates automated loan underwriting. Upstart serves individual consumer borrowers seeking credit, automobile dealerships utilizing specialized dealership software, and financial institutions such as banks, credit unions, and institutional investors that fund, purchase, or retain loans.
The company operates within the United States, targeting American consumers and holding collections licenses across a majority of states. Upstart's marketplace includes a network of over 100 bank and credit union partners alongside institutional investors who supply loan capital. Lending activity primarily occurs digitally through the company's website and mobile applications, as well as via participating auto dealerships. The provided annual report excerpt does not state the location of the corporate headquarters.
Summary of the business section of Upstart's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Upstart Holdings, Inc.
- Founded
- 2012
- Headquarters
- Burlingame, CA
- Address
- 220 Park Road, Suite 500 94010
- Phone
- (650) 204-1000
- Website
- upstart.com
- Employees
- 1,405, Dec 31, 2025
- Industry
- Finance Services
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, San Francisco, California
Stock & identifiers
- Ticker
- UPST
- Exchange
- Nasdaq
- IPO date
- Dec 16, 2020
- Shares outstanding
- 97M, Jul 28, 2026
- Public float
- $5.44B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1647639
- CUSIP
- 91680M107
- ISIN
- US91680M1071
- LEI
- 549300WNB47JRNENIC75
- EIN
- 46-4332431
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Paul Gu | Chief Executive Officer, Director | 1,347,546 |
| Sanjay Datta | President, Capital& Enterprise | 592,578 |
| Natalia Mirgorodskaya | See Remarks | 35,875 |
| Scott Darling | Chief Legal Officer | 119,916 |
| Andrea Blankmeyer | Chief Financial Officer | 152,208 |
| Peter J. Bernard | Director | 11,392 |
| Kerry Whorton Cooper | Director | 8,476 |
| Timothy H. Wennes | Director | 6,476 |
| Mary Hentges | Director | 37,149 |
| Ciaran O'Kelly | Director | 39,484 |
| Hilliard C. Terry III | Director | 37,432 |
| Dave Girouard | Director | 9,526,687 |
| Jeff Huber | Director | 29,671 |
| Cassidy Sukhinder Singh | Director | 13,920 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Dave Girouard | $9.67M | $855.18K | $4.14M | $148 | $273 |
| FY2024 Dave Girouard | $7.11M | $26.66M | $3.79M | $209 | $220 |
| FY2023 Dave Girouard | $7.12M | $26.08M | $4.04M | $139 | $161 |
| FY2022 Dave Girouard | $9.61M | -$36.25M | $17.85M | $45 | $102 |
| FY2021 Dave Girouard | $14.96M | $70.38M | $5.97M | $513 | $142 |
| FY2020 Dave Girouard | $8.76M | $15.94M | $1.84M | $138 | $106 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 1,405 full-time employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Dec 16, 2020 | IPO | Initial public offering priced (424B4 prospectus) |
| Dec 10, 2020 | Listing | Registration of securities on an exchange (Form 8-A) |