Announced
Completed
Financials
Sources
Tags
online marketplace
Private Equity
Completed
United States
Friendly
retail technology
Minority
Online and Social Platforms
Acquisition
Venture Capital
Private
Domestic
Synopsis
General Catalyst, an American venture capital firm, led a $165m series D funding round in Upside, a retail technology company, with participation from Bessemer Ventures and Builders VC. “With inflation at a 40-year high, we are at an inflection point right now for brick and mortar businesses, consumers, and our communities. As businesses look for new ways to profitably grow, consumers are looking for ways to gain more purchasing power on the things they need,” Alex Kinnier Upside Co-Founder and CEO.
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