- 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
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
Upright is a Fintech company based in Cleveland, United States, founded in 2014. 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
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Funding History
Nov 2021
Sign up to see all 2 rounds
Series A through Series B — per-round amounts, valuations, and who invested in each round.
Investors
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