OH: Upstart Plans Expansion in Columbus Region, Creating 250 New Jobs
9 Dec, 2020
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.”
(c)2003-2021 Trade & Industry Development is a publication of Due North Media - a division of Due North Consulting, Inc.
Copyright 2001-2021, Due North Consulting, Inc. -- All rights reserved.
The material on this site is protected by United States copyright and other intellectual property laws and may not be reproduced, rewritten, distributed, re-disseminated, transmitted, cached, displayed, published, broadcast, directly or indirectly, in any medium without the prior written permission of Due North Consulting, Inc.