Upward Financial Inc. announced that it will receive $3,210,018.2325 in funding on January 18, 2023. The company will issue securities pursuant to exemption provided under Regulation D. The company will issue 7,461,995 series seed-1 preferred shares at a price of $0.3883 per share, 330,096 series seed-2 preferred shares at a price of $0.3106 per share, and 716,227 series seed-3 preferred shares at a price of $0.2932 per share in the transaction. The shares are convertible and non-redeemable.

The preferred shares will be convertible to common shares at their respective original issue price. The preferred shares have a par value of $0.00001 per share. The round will be raised at a post-money valuation of $3,303,780.