Upvest
Upvest is a Berlin-based B2B financial services company that provides an investment API for businesses to offer investment products to their end users. With $324M in total funding and 307 employees, it has raised a Series D round in 2026.
The growth story
Upvest grew from 59 to 307 employees between 2021 and 2026, raising $324M along the way, most recently a Series D in March 2026.
About
Upvest sells an API that enables businesses to embed investment products into their platforms, handling regulatory compliance and infrastructure. Its clients are likely fintechs and financial institutions looking to add investment capabilities without building their own systems.
The company has scaled to 307 employees and raised $324M, including a Series D in 2026. Its investor base includes major names like BlackRock and Bessemer Venture Partners, signaling strong institutional backing.
Founders and leadership
Engineering is Upvest's largest function, with 68 employees. The company has a relatively young workforce, with a median tenure of just 1 year, suggesting rapid scaling and turnover.
The Upvest org chart
Martin Kassing (Founder & CEO) leads 60 mapped leaders with 12 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Engineering 105 (+25% YoY), Operations 31 (+35% YoY), Product Management 26 (+13% YoY), Finance 19 (-24% YoY), Business Development 18 (+20% YoY), Information Technology 13 (-7% YoY).
Talent flow
Upvest recruits heavily from fintechs like Trade Republic and Wise, which together account for 43 hires. Its alumni move to other fintechs, with Scalable Capital, Alpaca, and Bitpanda being top destinations.
Most common previous employers of Upvest staff: Trade Republic (23), Wise (20), Deloitte (10), Scalable Capital (9), FNZ (6), PwC (6). Former Upvest employees most often moved to Scalable Capital (3), Alpaca (3), Bitpanda (3), Trading 212 (3), Quota (2), Porters (2).
Alumni worth knowing
The Upvest mafia
Upvest alumni have founded 14 companies, including Connect Earth (42 staff), ENAPI (15 staff), and Quota (12 staff). This entrepreneurial activity suggests a culture that fosters startup creation.
15Alexander Wilhelm L., was Founder Associate until 2019Leo Lerach, was Business Analyst until 2018Henri Bekeris, was CEO Office until 2024Konstantin Kotulla, was VP Growth until 2025Christopher Barth, was Director Clients until 2025Yannis Heyken, was Business Analyst Intern until 2018
Eugen Petersen, was Chief Operating Officer until 2018
Roxane Hunot, was Senior Executive Assistant until 2023
Jesper Noehr, was CTO & Co-Founder until 2019
Victor L., was Strategy (CEO-Office) until 2025
Pietro Arvati, was 5th hire, then Recruiting Lead until 2021
Theodora Georgiou, was Talent Acquisition Lead until 2025
Michael Kissler, was Legal & Compliance until 2022Hiring now
Web traffic
Traffic mix: 42% direct, 46% search, 0% social, 0% paid.
What this company is made of
Most common skills at Upvest: SQL (90), Python (Programming Language) (85), Project Management (85), Microsoft Office (79), Git (74), Teamwork (74), Go (Programming Language) (74), Microsoft Excel (73).
Where the team actually sits
Upvest people are concentrated in Berlin, Germany (101), Germany (25), Berlin Metropolitan Area (21), England, United Kingdom (10).
Search footprint
Upvest attracts about 130 organic search visits a month, traffic worth roughly $1K a month if bought through ads. It gained 30 ranking keywords and lost 36 in the last period.
What employees say
- Compensation
- 4.30 / 5
- Career opportunities
- 4.40 / 5
- Senior management
- 4.20 / 5
- Work-life balance
- 3.70 / 5
Frequently asked
Upvest has 307 employees as of September 2026.
Upvest has raised $324M in total, most recently a Series D round in March 2026.
Upvest was founded in 2017 by Martin Kassing, Tobias Auferoth, CFA, Dr. Til Rochow.
Martin Kassing (Founder & CEO) sits at the top of Upvest's reporting structure, with 12 direct reports.
The most common previous employers of current Upvest staff are Trade Republic (23 people), Wise (20 people), Deloitte (10 people).
Former Upvest employees most often move to Scalable Capital (3), Alpaca (3), Bitpanda (3).
At least 14 companies have a founder who previously worked at Upvest, including Connect Earth, ENAPI, Quota.
Upvest attracts about 130 organic search visits a month, worth roughly $1K a month in equivalent ad spend.
The most common skills among Upvest staff are SQL, Python (Programming Language), Project Management, Microsoft Office, Git.
Upvest staff are concentrated in Berlin, Germany (101), Germany (25), Berlin Metropolitan Area (21).
Upvest has about 105 people in Engineering, up 25% over the past year, as of September 2026.
Upvest has about 31 people in Operations, up 35% over the past year, as of September 2026.
Computed from 244 current and 165 former Upvest profiles, as of September 2026. Source: Crustdata.
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