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Upper90

New York, New York · Invests in US · Website

Thesis

It's not how much you raise, it's how much you own. We provide capital-efficient hybrid credit and equity to help founders scale without excessive dilution.

Likely not a fit for

We avoid hardware, capital equipment businesses, and pure software companies without predictable revenue or asset collateral.

How they invest

Lead or follow
Usually leads
Typical decision
~1 week
Warm intro
Not required
Involvement
Takes a board seat
Fund status
Actively deploying
Assets under mgmt
$1.2B
Decision process
Partnership vote

Partners & team

13 contacts on file

BL

Billy Libby

General PartnerCo-Founder & Managing Partner · Primary contact

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LinkedIn profile

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JF

Jason Finger

General PartnerCo-Founder & Managing Partner

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WG

William Geist

General PartnerManaging Partner

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GV

Greg Vilkin

Platform & OpsPartner, CFO & CCO

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MG

Michael Graver

PrincipalPrincipal, Head of Investor Relations

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TC

Trey Cobb

PrincipalPrincipal

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DR

Dallin Rosdahl

PartnerManaging Director

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CC

Christine Connelly

Platform & OpsChief of Staff

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CH

Connor Hoisington

AssociateAssociate

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DR

Danny Rosen

PrincipalVice President

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DP

Drew Pelletier

PrincipalVice President

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EC

Eric Chang

PrincipalVice President

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JP

Joey Peracchia

AssociateAssociate

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Portfolio

MundiFintech Payments

Mundi is a fintech platform that simplifies cross-border trade by providing flexible financing solutions for exporters, including invoice advances, purchase order advances, and foreign exchange services.

ClearcoFintech Payments

Clearco connects ecommerce businesses to fast funding, enabling them to accelerate growth by providing capital for invoices related to product, procurement, marketing, and operations. The company aims to be a strategic and flexible capital partner that understands the needs of founders.

ThrasioEcommerce Marketplaces

Thrasio is reimagining how to make the world’s most-loved products accessible to everyone, focusing on quality and customer satisfaction. They are one of Amazon’s top 5 sellers, with products found in over 80 million households.

Elevate BrandsEcommerce Marketplaces

Elevate Brands is a purpose-driven House of Brands focused on building and scaling consumer brands through omni-channel strategies, leveraging insights and partnerships to drive growth.

160 Driving AcademyEdtech

160 Driving Academy is the nation’s largest training provider and job creator for commercial drivers in the United States, offering comprehensive CDL training and job placement services.

ComFreightFintech Payments

ComFreight, now known as HaulPay, is a digital freight finance platform that offers services such as freight factoring, automated payments, and load board solutions for trucking companies and freight brokers.

Crusoe EnergyEnterprise Software

Crusoe Energy provides renewable-powered AI infrastructure, focusing on managed inference services for AI workloads.

E2Log
Stax EngineeringClimate Clean Energy

STAX Engineering offers emissions capture and control technology to reduce pollutants in the maritime and data center industries, aiming for a cleaner air future.

ApplauseEnterprise Software

Applause provides crowdtesting services that deliver expertise and real-world feedback for launching apps and digital experiences that are functional, intuitive, and accessible.

BeaconLogistics Supply Chain

Beacon is an AI-powered supply chain workspace that enhances visibility and collaboration across logistics operations.

FilmRiseMedia Entertainment

FilmRise is a film & television studio based in New York City, operating a network of 700+ FAST channels and ad-supported streaming apps. The company distributes content worldwide, invests in original content, and collaborates with digital creators to monetize their libraries in the streaming space.

Recent activity

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Research briefRead more
Upper90 Research Investment Thesis Upper90 is a hybrid credit and equity investment firm that fundamentally believes founders should own more of their companies, not less. The firm's core thesis is "it's not how much you raise, it's how much you own." Upper90 disrupts traditional venture capital by combining senior-secured asset-backed credit with equity investments to help technology founders sca

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