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Upsie raises $1.7 million for product-warranty app

Upsie is an app that allows customers to comparison shop for product warranties.

The 2016 Village Capital Fintech and 2017 Techstars Retail participant raised the funds from Techstars Ventures, Matchstick Ventures, Gopher Angels, M25, Village Capital Investments and Syndicate Fund.

VilCap’s Victoria Fram describes Upsie as “a solution to an often overlooked problem that affects people and their financial health every day, brought to market by a passionate and relentless founder.” Founder Clarence Bethea is now among the 1% of black entrepreneurs who get venture backing.

Black Enterprise describes Upsie’s fundraise as “a remarkable feat, especially for a tech entrepreneur of color.”

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