Updater
company
About
Updater is a tool designed to simplify the moving experience.
- New York,New York,United States
- 251 - 500
- http://www.updater.com
Details
- Last Funding Type
- Debt Financing
- Last Funding Money Raised
- $215M
- Industries
- Apps,Software
- Founded date
- Jan 1, 2011
- Number Of Employee
- 251 - 500
- Operating Status
- Active
- Stock Symbol
- asx:UPD
- Legal Name
- Updater Inc.
Updater is a company that develops technology to help consumers relocate more easily. They help to relocate consumers, organize and complete their moving-related logistics, and partner with real estate agents and brokers, property managers, and moving companies.The company was founded in 2010 by David Greenberg and is headquartered in New York.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
11
$467.50M
Updater has raised a total of
$467.50M
in funding over 2 rounds. Their latest funding was raised on
May 17, 2022 from a Debt Financing round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| May 17, 2022 | Debt Financing | $215M | 1 |
Vista Credit Partners
|
— | Detail |
| Nov 23, 2021 | Convertable Note | $60M | 1 | — | — | Detail |
| Dec 19, 2019 | Series Unknown | $95M | 1 |
Second Century Ventures
|
— | Detail |
| Sep 7, 2017 | Post-IPO Equity | $45M | — | — | — | Detail |
| Sep 27, 2016 | Post-IPO Equity | $23M | 2 | — | — | Detail |
Investments
Number of Investments
Number of Lead Investments
4
1
Updater has made 4 investments. Their most recent investment was on
Jul 28, 2022, when Milestones Labs raised $10.32M.
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Jul 28, 2022
Milestones Labs
|
Series A | $10.32M | Commercial Real Estate | Yes |
|
Nov 9, 2021
Get Covered
|
Series A | $7M | Commercial | — |
|
Oct 12, 2021
WattBuy
|
Series A | $11.20M | CleanTech | — |
|
Nov 18, 2020
WattBuy
|
Series A | $3.25M | CleanTech | — |
Investors
Number of Lead Investors
Number of Investors
4
8
Updater is funded by 8 investors.
Vista Credit Partners
and SoftBank Capital
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Vista Credit Partners
|
Yes | Debt Financing |
SoftBank Capital
|
Yes | Series A |
|
Second Century Ventures
|
— | Convertable Note |
|
|
— | Post-IPO Equity |
Thorney Investment
|
— | Post-IPO Equity |
Commerce Ventures
|
— | Series A |
IA Ventures
|
— | Series A |
|
|
— | Seed |
Employee Profiles
Number of Employee Profiles
21
Updater has 21 current employee profiles, including
Executive Lindsey Dole
Executive
Employee
Executive
Employee
Executive
Acquisition
Updater has acquired 3 organizations. Their most recent acquisition was MoveHQ on Sep 6, 2017. They acquired MoveHQ for 0.
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