Consolidated Balance Sheets - USD ($)		Dec. 31, 2023	Dec. 31, 2022
Assets
Cash		$ 368,405,000	$ 422,411,000
Restricted cash		99,382,000	110,056,000
Loans (at fair value)	[1]	1,156,413,000	1,010,421,000
Property, equipment, and software, net		42,655,000	44,168,000
Operating lease right of use assets		54,694,000	86,335,000
Beneficial interest assets (at fair value)		41,012,000	0
Non-marketable equity securities		41,250,000	41,250,000
Goodwill		67,062,000	67,062,000
Other assets (includes $42,648 and $48,897 at fair value as of December 31, 2022 and December 31, 2023, respectively)		146,227,000	154,351,000
Total assets	[2]	2,017,100,000	1,936,054,000
Liabilities:
Accounts payable		12,613,000	18,715,000
Payable to investors		53,580,000	90,777,000
Borrowings		1,040,424,000	986,394,000
Payable to securitization note holders (at fair value)		141,416,000	0
Accrued expenses and other liabilities (includes $8,820 and $10,510 at fair value as of December 31, 2022 and December 31, 2023, respectively)		71,438,000	66,946,000
Operating lease liabilities		62,324,000	100,787,000
Total liabilities	[2]	1,381,795,000	1,263,619,000
Stockholders’ equity:
Common stock, $0.0001 par value; 700,000,000 shares authorized; 81,259,676 and 86,330,303 shares issued and outstanding as of December 31, 2022 and December 31, 2023, respectively		9,000	8,000
Additional paid-in capital		917,872,000	714,871,000
Accumulated deficit		(282,576,000)	(42,444,000)
Total stockholders’ equity		635,305,000	672,435,000
Total liabilities and stockholders’ equity		$ 2,017,100,000	$ 1,936,054,000

[1] As of December 31, 2023, includes $179.1 million of loans, at fair value, contributed as collateral for the consolidated securitization. No such loans were held as of December 31, 2022. Refer to “Note 6. Fair Value Measurement” for details.

[2] The following table presents information on assets and liabilities related to variable interest entities (“VIEs”) that are consolidated by Upstart Holdings, Inc. at December 31, 2022 and December 31, 2023. The assets in the table below may only be used to settle obligations of consolidated VIEs and are in excess of those obligations. The liabilities in the table below include liabilities for which creditors do not have recourse to the general credit of Upstart Holdings, Inc. The assets and liabilities in the table below include third-party assets and liabilities of consolidated VIEs and exclude intercompany balances that eliminate in consolidation. December 31,December 31,20222023AssetsCash$838 $1,603 Restricted cash13,147 23,450 Loans (at fair value)958,822 1,147,423  Other assets (includes $2,244 and $5,958 at fair value as of December 31, 2022 and December 31, 2023, respectively) 11,674 22,917 Total assets$984,481 $1,195,393 LiabilitiesPayable to investors$— $121 Borrowings336,452 387,440 Payable to securitization note holders (at fair value)— 141,416 Accrued expenses and other liabilities1,378 1,975 Total liabilities337,830 530,952 Total net assets$646,651 $664,441