Updater
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 27.8m | 28.2m | 28.2m | 34.2m | 50.0m | 50.0m |
% growth | - | 1 % | - | 21 % | 46 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $800k | Seed | |
N/A | $700k | Seed | |
N/A | N/A | Seed | |
$3.0m | Series A | ||
$8.0m | Series A | ||
N/A | $20.0m | Series B | |
$23.0m | Late VC | ||
$45.0m | Late VC | ||
* | N/A | Late VC | |
* | $60.0m | Convertible | |
* | $215m | Debt | |
Total Funding | CAD219m |
Related Content
Recent News about Updater
EditUpdater.com is a tech startup that provides a comprehensive solution for individuals and families planning a move. The company operates in the moving industry, offering a unique platform that simplifies the moving process. The Updater app allows users to book internet and TV services, order packing supplies, and secure home or renters insurance. It also provides a platform for comparing and choosing from a variety of service providers.
The company's primary clients are individuals and families planning a move, but it also offers services to real estate professionals and multifamily partners. For these clients, Updater automates the move-in process, reducing their workload and providing a seamless experience for their residents or clients.
Updater's business model is based on partnerships with service providers. The company earns revenue by facilitating transactions between these providers and its users. For example, when a user books an internet service or purchases moving supplies through the app, Updater earns a commission.
The company's strength lies in its blend of human assistance and intuitive technology. Users can access personalized assistance from experienced team members, while also benefiting from the convenience of an all-in-one platform.
In summary, Updater.com is a tech startup that simplifies the moving process by providing a one-stop platform for booking services, purchasing supplies, and securing insurance. The company operates in the moving industry, serving individuals, families, and real estate professionals.
Keywords: Moving Services, Tech Startup, Real Estate, Multifamily Partners, Service Providers, Commission-Based Revenue, Personalized Assistance, Intuitive Technology, Home Services, Insurance.