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Up&Up replaces the traditional security deposit with an Up&Up Wallet funded by at least two times the monthly rent, letting renters participate in profits and property appreciation as they live there. Leases are two years or longer, and the wallet can be used at the end of the term to buy the home, transfer to another rental, or cash out. The model rewards tenants for caring for the property and uses a curated set of rental homes across multiple cities to reduce maintenance costs and improve the community. The goal is to help renters save and invest toward homeownership while providing a stable, long-term rental experience.
Industries
Consumer Software
Fintech
Real Estate
Company Size
11-50
Company Stage
Early VC
Total Funding
$284.3M
Headquarters
New York City, New York
Founded
2017
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Total Funding
$284.3M
Above
Industry Average
Funded Over
2 Rounds
Competitive salary and health package
Team offsites
Parental leave
Monthly wellness reimbursement
Annual funds towards self-development
Required and unlimited vacation
Team outings and dinners
Work from home flexibility
Six deals totaling $750M+ in new funding including two NYC startup deals that you will not find anywhere else.
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Industries
Consumer Software
Fintech
Real Estate
Company Size
11-50
Company Stage
Early VC
Total Funding
$284.3M
Headquarters
New York City, New York
Founded
2017
Find jobs on Simplify and start your career today