Upper90

Upper90 is a technology-focused private equity fund based in New York, specializing in providing founder-friendly credit and equity solutions to emerging asset classes, particularly in e-commerce, enterprise, and fintech. With a strong emphasis on leveraging new data sources, Upper90 invests between $5 million and $25 million in startups that demonstrate predictable revenue models. Since its inception in 2018, the fund has garnered over 300 business builders as investors, managing approximately $485 million in assets under management and facilitating over $1.5 billion in total originations. The founders bring extensive operational experience from notable companies, and they aim to support companies in accelerating their growth by connecting them with strategic limited partners. Upper90 also manages a dedicated eCommerce Opportunities Fund, targeting investments specifically in the information technology and e-commerce sectors.

Alex Urdea

Managing Partner and CIO

Past deals in Factoring

Outgo

Venture Round in 2024
Outgo Inc. is an innovative eCommerce platform that serves as a comprehensive vertical banking solution specifically designed for freight carriers. Founded in 2022 by former executives from leading transportation companies, including Uber and Convoy, Outgo aims to streamline various financial processes for its users. The platform automates essential functions such as broker setups, invoicing, factoring, collections, accounting, and tax services, all without the need for contracts or minimums. This approach addresses longstanding challenges faced by carriers, empowering them to manage their finances more effectively. Headquartered in Seattle, Outgo is positioned to transform the financial landscape for the freight industry.

Outgo

Debt Financing in 2024
Outgo Inc. is an innovative eCommerce platform that serves as a comprehensive vertical banking solution specifically designed for freight carriers. Founded in 2022 by former executives from leading transportation companies, including Uber and Convoy, Outgo aims to streamline various financial processes for its users. The platform automates essential functions such as broker setups, invoicing, factoring, collections, accounting, and tax services, all without the need for contracts or minimums. This approach addresses longstanding challenges faced by carriers, empowering them to manage their finances more effectively. Headquartered in Seattle, Outgo is positioned to transform the financial landscape for the freight industry.

Mundi

Series A in 2023
Mundi is a company that specializes in providing international trade services aimed at small and medium-sized enterprises. Its offerings include a platform for international factoring that facilitates access to capital, currency exchange, and risk reduction in cross-border trading. Mundi focuses on streamlining the complexities of international trade by allowing manufacturers and traders to manage currency transactions digitally and with minimal bureaucratic hurdles. The company's comprehensive services encompass trade development, strategic support, and freight solutions, all designed to enhance the trading capabilities of businesses engaged in global markets.

Mundi

Series A in 2022
Mundi is a company that specializes in providing international trade services aimed at small and medium-sized enterprises. Its offerings include a platform for international factoring that facilitates access to capital, currency exchange, and risk reduction in cross-border trading. Mundi focuses on streamlining the complexities of international trade by allowing manufacturers and traders to manage currency transactions digitally and with minimal bureaucratic hurdles. The company's comprehensive services encompass trade development, strategic support, and freight solutions, all designed to enhance the trading capabilities of businesses engaged in global markets.
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