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General Catalyst led a $165m series D funding round in Upside.

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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