Updater logo — The smartest move you'll ever make.

Updater

The smartest move you'll ever make.

Founded 2011 United States New York, United States 185 employees Debt Financing Total: $467.50M Information Technology

General Information

Company Name Updater
Founded Year 2011
Location United States New York, United States
Founders / Decision Makers
Team member
Employees 185
Industries Information Technology
Funding Stage Debt Financing
Social

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About Updater

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

Business keywords: Relocation, SaaS Software, Address Change, Moving, Real Estate Software, Property Management Software, Technology, Remote-first Company, Real Estate Partnerships, Consumer Services, Innovation, Data Coordination, User Experience

Funding Rounds & Investors (10)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $215.00M 1
Vista Credit Partners
17 May 2022
Convertible Note $60.00M 1
Second Century Ventures
23 Nov 2021
Venture Round $95.00M 1
Second Century Ventures
19 Dec 2019
Post IPO Equity $45.00M -
07 Sep 2017
Post IPO Equity $23.00M 2
Fidelity International, Thorney Investment
27 Sep 2016
Venture Round $20.00M -
07 Dec 2015
Series A $8.00M 4
Commerce Ventures, Second Century Ventures +2
01 Apr 2014
Seed Round Undisclosed -
30 Jan 2013
Seed Round $700.00K -
01 Jun 2012
Seed Round $800.00K -
23 Aug 2011

Updater Alternatives & Competitors

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Updater vs

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FAQ About Updater

The smartest move you'll ever make.
Updater was founded in 2011.
Updater is headquartered in New York, United States.
Updater operates in Information Technology. Its work centres on Relocation, SaaS Software, Address Change and Moving.
Updater has approximately 185 employees.
Updater has completed 10 funding rounds, raising a total of $467.50M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Updater include Quorum Software SA, Lystos, SweepBright, Transactly, Mattertwo. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Updater and Quorum Software SA are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Updater, https://bouncewatch.com/company/updater, updated 31 December 2024. When citing, please name BounceWatch and link this page.

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