Upstart Plans Expansion in Columbus Region, Doubling Size of Local Workforce to More Than 500 Employees
Columbus, Ohio – Upstart, a leading artificial intelligence (AI) lending platform, has announced plans to further expand its workforce and current facility in Columbus, Ohio. The company is creating 250 new jobs in Columbus, with hiring for software engineers, data scientists and operations associates currently underway.
Upstart is expanding its existing facility located at 711 North High Street by 40,000 square feet, more than tripling its total footprint in Columbus. Upstart aims to add 250 new employees, doubling the size of its local workforce in Columbus from approximately 250 currently to 500 employees in the future.
“We chose Columbus as our second headquarters just two years ago, and already we’ve hired more than 250 Buckstarters,” said Upstart Co-Founder and CEO Dave Girouard. “Our ability to find incredible talent across software engineering, data science, and operations has made our move to central Ohio a runaway success for Upstart. This further expansion confirms that Upstart will be a cornerstone of the Columbus technology community for years to come.”
Founded in 2012, Upstart is a leading AI lending platform designed to improve access to affordable credit while reducing the risk and costs of lending for its bank partners. By leveraging Upstart’s AI platform, Upstart-powered banks can offer higher approval rates and experience lower loss rates, while simultaneously delivering an exceptional digital-first lending experience for their customers. The company is based in San Mateo, California and Columbus, Ohio.
“This is a local success story for both business attraction and retention, so we’re excited to see Upstart doubling the number of jobs they committed to creating when they first expanded to Columbus in 2019,” said City of Columbus Mayor Andrew J. Ginther. “Innovative, fast-growing companies like Upstart are at the heart of our thriving technology industry, and their scalability is a testament to the advantages of operating here.”
Technology operations in the Columbus Region are deep and diverse, spanning industries such as retail, finance and headquarter operations. Finance and insurance comprise the top private sector by economic output in the Region, which a variety of high growth companies have positioned as a fintech and insurtech hub. Columbus is in Franklin County, which is home to an estimated 1,310,300 residents.
“The Columbus Region is strong in both information technology and financial services, which makes Upstart a success story that reflects the region’s diverse strengths,” said JobsOhio President and CEO J.P Nauseef. “Upstart is advancing efficiencies in the financial services industry nationwide from Ohio, further showing the state’s ability to provide access to a tech-savvy talent that meets the hiring needs in emerging roles such as data science, AI and machine learning.”
Upstart is a leading AI lending platform partnering with banks to expand access to affordable credit. By leveraging Upstart’s AI platform, Upstart-powered banks can have higher approval rates and lower loss rates, while simultaneously delivering the exceptional digital-first lending experience their customers demand. Upstart was founded by ex-Googlers in 2012 and is based in San Mateo, California and Columbus, Ohio. To learn more, visit its website at www.upstart.com.
About the City of Columbus, Ohio
The City of Columbus is the 14th largest city in the United States with a population of 879,170 residents. The Columbus economy is balanced with a combination of education, technology, government, research, insurance and health care entities as major employers within the City. Columbus is gaining nationwide recognition for its booming downtown, historic
neighborhoods, arts and sporting districts, open attitude and a noticeably affordable quality of life. Learn more about the City of Columbus at columbus.gov/development/Economic-Development.
JobsOhio is a private nonprofit economic development corporation designed to drive job creation and new capital investment in Ohio through business attraction, retention and expansion. The organization also works to seed talent production in its targeted industries and to attract talent to Ohio through Find Your Ohio. JobsOhio works with six regional partners across Ohio: Dayton Development Coalition, Ohio Southeast, One Columbus, REDI Cincinnati, Regional Growth Partnership and Team NEO. Learn more at www.jobsohio.com. Follow the company on LinkedIn, Twitter and Facebook.
About One Columbus As the economic development organization for the 11-county Columbus Region, One Columbus’ mission is to lead a comprehensive regional growth strategy that develops and attracts the world’s most competitive companies, grows a highly adaptive workforce, prepares our communities for the future, and inspires corporate, academic and public innovation throughout the Columbus Region. One Columbus expertly guides companies through the location decision process. Through strategic business outreach and customized research, the One Columbus team leverages public, private and institutional partnerships to grow the Columbus Region’s economy and strengthen its national and international competitiveness. Funding is received from more than 300 private organizations, local governments, academic institutions and JobsOhio. Learn more at ColumbusRegion.com.
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