Upsie’s direct-to-consumer swing at the warranty space nets $18.2M Upsie, a consumer warranty startup, has raised $18.2 million in a Series A round led by True Ventures. The financing brings the total raised for the St. Paul, Minnesota-based startup to $25 million since its 2015 inception. A large group of investors participated in the round, including Concrete Rose VC, Avanta Ventures, Kapor Capital, Samsung Next, Massive, Backstage Capital, Awesome People Ventures, Draft Ventures, Matchstick Ventures, M25, Silicon Valley Bank and Uncommon VC, among others. A number of angels also put money in the round. Clarence Bethea (pictured below) founded Upsie after realizing the significant markup that retailers were placing on warranties.