Quantum dot (QD) sensitized photon upconversion follows a multi-step energy transfer process from QD to transmitter ligand to a soluble annihilator. Using a novel 10-R-anthracene-1,8diphosphoric acid (R = octyl, 2-hexyldecyl, phenyl) ligand with high binding affinity for CdSe quantum dot (QD) surfaces, we demonstrate a photon upconversion process that is limited by the transmitter to annihilator transfer efficiency. Using 1 H NMR spectroscopy we demonstrate that these bidentate diphosphate ligands rapidly and irreversibly displace two carboxylate ligands. These ligands mediate energy transfer from the photoexcited QDs to a triplet annihilator (1,10-diphenylanthracene), producing overall photon upconversion quantum efficiencies as high as 17%, the highest for QDs with no shells. Transient absorption spectroscopy shows that the ADP ligand supports a 3.4 fold longer triplet state lifetime compared to 9-ACA (299.9 ± 9.5 vs 88.2 ± 2.1 μs), increasing the probability of the energy transfer.