Upright

Upright is a fintech company in Cleveland, United States, founded in 2014. It has raised $31.0M across 2 rounds, most recently a $20.0M Series B in November 2021.

Your home for passive real estate investing.

Headquarters
Cleveland, Ohio
Employees
51–200
Founded
2014
Business Model
B2B
Website
upright.us
Total Funding
$31.0M
Last Round
$20.0M Series BNov 2021
Rounds
2

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 2 funding rounds and 3 investors for this company. The full record is or through the API.

About

Upright (formerly known as Fund That Flip) is a real estate fintech company founded in 2014 in Cleveland, Ohio by Matt Rodak. The platform serves two customer segments: real estate investors seeking financing for residential rehab, new construction, and portfolio projects; and accredited investors looking for passive exposure to real estate-backed debt. On the lending side, Upright offers hard money bridge loans and DSCR rental loans, having originated over $2 billion in funded deals across 35 states. On the investing side, the platform provides Individual Project Notes ($5,000 minimum), Pre-Fund products, a Horizon Residential Income Fund REIT, and a Blueprint Fund targeting new construction mortgage loans, with returns ranging from 10% to 14%. The company rebranded from Fund That Flip to Upright in 2023 to reflect its expanded platform beyond fix-and-flip lending. Upright was acquired by Colchis Capital Management in 2025.

Summary

It lists 51–200 employees. It has raised $31.0M in total across 2 rounds, most recently a $20.0M Series B round in Nov 2021. Investors include GPO Fund, Edison Partners (US) and (ERA) Entrepreneurs Roundtable Accelerator.

Tech & App Stack

6 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
Series BSeries BNov 2021
$20.0M

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Funding: Series A through Series B. Amounts, valuations, and investors where available.

Investors

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