Updater
Latest round
- Series A
Last raised
- Apr 2014
Total raised
- $8M
Investors
- 4
About Updater
Updater, Inc.Founded in 2011 by David Greenberg, Updater, Inc. operates from its headquarters in New York, US. The company focuses on enhancing the moving experience through a comprehensive software platform.00 mn.Updater provides a comprehensive suite of tools designed to facilitate the moving process for individuals and families. Their primary offerings include an invite-only moving app that allows users to organize their move, set reminders, and check off tasks from a customizable moving checklist. The platform assists users with various aspects of relocating, including securing utility connections, purchasing internet and TV plans, booking moving services, obtaining insurance, and forwarding mail. This functionality addresses the common challenges associated with moving, aiming to reduce stress and streamline the transition into a new home.Updater operates on a revenue model that combines direct-to-consumer transactions and partnerships with businesses in the moving industry. The platform is free for users; however, it generates revenue by facilitating services offered through third-party providers, such as moving companies and insurance providers, through a commission-based structure. Clients can choose from a range of services, which may include booking movers or purchasing insurance, with prices coming directly from service providers displayed on the Updater platform. The company’s partnerships extend to multifamily and property management sectors, where they provide customized solutions for clients and streamline the moving process for residents.Updater's strategy for future growth includes the potential launch of new features within its platform aimed at improving user engagement and simplifying the moving process. The company plans to expand its reach into additional geographic markets, focusing on underserved areas across the United States by the end of 2023.
Who invested in Updater
4 investors across 2 rounds
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Questions about Updater
Who invested in Updater?
Updater has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Updater raised?
Updater has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Updater last raise money?
Updater's most recent round on record is a Series A, in Apr 2014.
What does Updater do?
Updater is a internet company.
Where is Updater headquartered?
Updater is headquartered in New York, US.
Which VCs invest in companies like Updater?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Updater's stage. Their profiles are linked below.
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