Updata Partners

Founded: 1998 • Age: 28 yrs Acquired By ruby
Private equity investments are directed toward multiple sectors.
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About Updata Partners

Updata Partners is a company founded in 1998 by Ira Cohen and Barry Goldsmith was acquired by ruby in December 2014. It operates as a Commission-Based. Updata Partners has completed 4 acquisitions, including Acclaris, Netwrix and Nintex. Updata Partners offers products and services including Growth Equity Investment.

  • Founders Ira Cohen, Barry Goldsmith
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Updata Partners
Operational Areas
Financial Services → Private Capital & Alternative Investments
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    ruby

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Acclaris

    & 3 more

  • Acquired by
    ruby

    (Dec 01, 2014)

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Products & Services of Updata Partners

Updata Partners offers a comprehensive portfolio of products and services, including Growth Equity Investment. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Growth equity is provided to emerging software leaders.

People of Updata Partners
Headcount 10-50
Employee Profiles 12
Board Members and Advisors 9
Employee Profiles
People
Jon Seeber
General Partner
People
Ira Cohen
Operating Partner
People
Carter Griffin
General Partner
People
Rick Lottenbach
Controller

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Board Members and Advisors
people
Sloan Gaon
Operating Partner
people
Steven Aldrich
Operating Advisor
people
Chris Cook
Operating Advisor
people
William Spruill
Operating Advisor

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Funding Insights of Updata Partners

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Updata Partners

Updata Partners has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include ruby and StepStone Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Online dating platforms are operated for various user demographics.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Updata Partners

Updata Partners has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Acclaris, Netwrix and Nintex. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
User & entity behavior analytics based security & compliance visibility platform for a hybrid cloud IT
2006
AI-interfaced software is utilized for process management and workflow automation.
2005
BPO services are provided to multiple industries by Ruby.
2003
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Updata Partners

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Updata Partners Comparisons

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Competitors of Updata Partners

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Updata Partners

Frequently Asked Questions about Updata Partners

When was Updata Partners founded?

Updata Partners was founded in 1998.

What does Updata Partners do?

Support is provided to emerging leaders in the software industry through growth equity investments. Focus is placed on B2B software companies with revenues between 5M and 50M, exhibiting growth rates of 25 to over 100. Investments typically range from 15M to 150M in equity. Expertise is leveraged to maximize impact for portfolio companies, particularly those outside the Bay Area, through every phase of the software industrys evolution.

What products or services does Updata Partners offer?

Updata Partners offers Growth Equity Investment.

How many acquisitions has Updata Partners made?

Updata Partners has made 4 acquisitions, including Acclaris, Netwrix, and Nintex.

Who are Updata Partners's investors?

Updata Partners has 2 investors. Key investors include ruby, and StepStone Group.

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