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    Clarence Bethea

    Founder & Executive Chairman

    Clarence Bethea is a renowned entrepreneur and investor, best known as the founder and former CEO of Upsie, a direct-to-consumer warranty platform that aims to disrupt the extended warranty industry by offering transparent and affordable protection plans for consumer electronics and other devices. Upsie was founded in 2015 and has raised over $27 million in funding from prominent investors such as True Ventures and Matchstick Ventures.126

    Background and Career

    • Early Life and Inspiration: Clarence Bethea's journey to entrepreneurship is unconventional. Born in Atlanta, Georgia, he grew up facing significant challenges, which instilled in him a strong will to survive and succeed. His path to entrepreneurship was influenced by a pivotal moment when he met the CEO of Best Buy, who encouraged him to pursue leadership roles.47

    • Upsie and Entrepreneurial Ventures: Bethea founded Upsie with the goal of providing consumers with better protection options compared to traditional retailer and manufacturer warranties. He served as CEO until stepping down in 2022, transitioning to the role of Executive Chairman. Under his leadership, Upsie became known for its straightforward terms and customer-centric approach.15

    • Role at True Ventures: After his tenure at Upsie, Bethea joined True Ventures as an Executive in Residence and investor. He focuses on sourcing new investment opportunities and mentoring early-stage founders. He also initiated True Talks, an event series aimed at expanding True Ventures' network into new regions.38

    Personal Life and Community Involvement

    • Family: Bethea is married with two children and values his family life. He humorously refers to his role as their "Uber driver" due to their involvement in sports.38

    • Community Engagement: He is a board member for the St. Paul & Minnesota Foundation and BETA, organizations dedicated to fostering the tech and entrepreneurial ecosystem in Minnesota.38

    Awards and Recognition

    • Awards: Bethea and Upsie have received several awards, including the Eureka! Awards and being a semi-finalist in the MN Cup.9

    LinkedIn Profile

    Clarence Bethea's LinkedIn profile highlights his roles as an Executive in Residence and investor at True Ventures, as well as his founding and executive chairman position at Upsie. His profile showcases his passion for empowering consumers and mentoring entrepreneurs.9

    Highlights

    Apr 17 · leadiq.com
    Upsie Company Overview, Contact Details & Competitors | LeadIQ
    From the Streets to Venture-Backed to VC - Clarence Bethea
    A Black-led tech startup looks to combat racial bias in criminal justice, but intends to leave Minneapolis - The Business Journals
    A Black-led tech startup looks to combat racial bias in criminal justice, but intends to leave Minneapolis - The Business Journals
    A Black-led tech startup looks to combat racial bias in criminal justice, but intends to leave Minne
    Mar 4 · tcbmag.com
    Upsie Founder Clarence Bethea to Step Down as CEO
    Upsie Founder Clarence Bethea to Step Down as CEO

    Related Questions

    What inspired Clarence Bethea to start Upsie?
    How did Clarence Bethea's background influence his entrepreneurial journey?
    What are some key challenges Clarence Bethea faced while building Upsie?
    How does Upsie's warranty model differ from traditional warranties?
    What is True Ventures' role in Clarence Bethea's career?
    Clarence Bethea
    Clarence Bethea, photo 1
    Clarence Bethea, photo 2
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    Location

    Dallas-Fort Worth Metroplex