Updater, with the slogan "The smartest move you'll ever make," simplifies the relocation process for the 11 million households that move annually in the US. The platform allows users to effortlessly manage tasks such as mail forwarding, utility transfer, and TV and internet connection. It has gained the trust of thousands of prominent real estate companies, offering branded and personalized moving experiences, saving clients valuable time. Established in 2011, Updater operates in the Information Technology industry, with its headquarters in United States.
Updater, a remote-first company located in New York City, has secured over $250 million in funding from influential investors, including SoftBank Capital, IA Ventures, Commerce Ventures, and Second Century Ventures - the strategic investment arm of the National Association of Realtors®. Their recent funding of $215.00M in Debt Financing at 17 May 2022 was provided by Vista Credit Partners.
The company’s commitment to excellence is reflected in its recognition on Crain's Best Places to Work in NYC in 2016, 2018, and 2021
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | $215.00M | 1 | Vista Credit Partners | 17 May 2022 |
Convertible Note | $60.00M | 1 | 23 Nov 2021 | |
Venture Round | $95.00M | 1 | 19 Dec 2019 | |
Post-IPO Equity | $45.00M | - | 07 Sep 2017 | |
Post-IPO Equity | $23.00M | 2 | Thorney Investment | 27 Sep 2016 |
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