About Updater
Updater is a company based in New York (United States) founded in 2011 by David Greenberg. Updater has raised $13 million across 7 funding rounds from investors including Fidelity International, Thorney and Second Century Ventures. Updater has completed 2 acquisitions, including Asset Controls and Bridgevine. Updater offers products and services including Moving App and Concierge Service. Updater operates in a competitive market with competitors including WiseMove, among others.
- Headquarter New York, United States
- Founders David Greenberg
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
Locked
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Phone
Locked
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Website
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Social
Locked
- Legal Name Updater Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$13 M (USD)
in 7 rounds
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Latest Funding Round
$64.46 M (USD), Post-IPO
Jun 14, 2023
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Investors
Fidelity International
& 6 more
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Employee Count
Not available
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Investments & Acquisitions
Asset Controls
& 1 more
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Products & Services of Updater
Updater offers a comprehensive portfolio of products and services, including Moving App and Concierge Service.
App for organizing household moves and services.
24/7 advice for moving tasks and quotes.
People of Updater
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Funding Insights of Updater
Updater has successfully raised a total of $13M across 7 strategic funding rounds. The most recent funding activity was a Post-IPO round of $64.46 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Updater
Updater has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Fidelity International, Thorney and Second Century Ventures.
| Investor | Description | Founded Year | Domain | Location |
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SaaS-based companies are invested in by Second Century Ventures.
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Investment in retail and financial services technologies.
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VC & PE firm
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Investor details for Updater
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Investments & Acquisitions by Updater
Updater has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Asset Controls and Bridgevine.
Investment portfolio details for Updater
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Web-based warehouse and inventory management solutions are provided.
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Locked | Locked | 2017 | Locked | |
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Customer acquisition solutions are offered for home service brands.
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Locked | Locked | 2003 | Locked |
Complete acquisition details for Updater
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Financial Statements - Updater
Detailed financials for Updater
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Updater Comparisons
Peer comparison for Updater
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Competitors of Updater
Updater operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WiseMove, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
App for tracking belongings and managing inventory during moves.
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Detailed competitors of Updater
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Latest news on Updater
Complete news archive for Updater
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Frequently Asked Questions about Updater
Updater was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Updater is headquartered in New York, United States. It is registered at New York, New York, United States.
David Greenberg is the current CEO of Updater. They have also founded this company.
Updater is a funded company, having raised a total of $13M across 7 funding rounds to date.
Updater was founded in 2011 in New York, United States, and operates in the SaaS sector focused on relocation services. Software for managing moving checklists is offered, along with features such as online bookings for movers and truck rentals, utility transfers, address updates, and concierge options like cleaning and home security. Clients served include Greystar, Pinnacle, and The Laramar Group.
Updater's top competitors include WiseMove.
Updater offers Moving App and Concierge Service.
Updater has made 2 acquisitions, including Asset Controls, and Bridgevine.
Updater has 7 investors. Key investors include Fidelity International, Thorney, Second Century Ventures, Commerce Ventures, and SoftBank Global.