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UpDraft

UpDraft

Private
Chattanooga, TennesseeEnterprise Softwarehttps://tryupdraft.com/

Last Round

VC Round

Dec 20, 2023

Total Funding Raised

$446.76M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

UpDraft is an artificial intelligence company that provides a virtual technical accounting expert and agentic work platform for corporate accounting teams and accounting firms.

Sector

Enterprise Software

Verticals

Accounting & Expense, Compliance & Risk, Workflow Automation, NLP & Conversational AI

Business Model

B2B

Customer Profile

Subscription SaaS

AI Layer

Application

Keywords

technical accountingaccounting automationAI accounting agentaccounting copilotUS GAAPIFRSfinancial modelingcompliance workflowcontract analysisaudit automationAI agentCPA softwaredocument automationB2B SaaSAI for finance

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Track how buyer interest and sentiment changes over time.

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UpDraft Comparables

Compare UpDraft with similar companies based on industry and business-model similarity.

UpDraft comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
GAAP IQ
86%
Finrep
86%
Trullion
82%
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UpDraft Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
VC RoundDec 20, 2023
DebtDec 20, 2023
Series ADec 19, 2022
DebtDec 19, 2022
VC RoundOct 20, 2021
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Key People

Founding team and executive leadership

Fernando Cabral

Co-Founder & CTO

Founding Team

Tim LaBelle

Co-Founder & CEO

Founding Team

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UpDraft Investors

Notable investors and investment history

UpDraft investors
InvestorRounds
Faber CapitalSeries A
Auluk InvestmentsVC Round, Series A
LC Nueva Investment PartnersSeries A
Quilam CapitalVC Round
MoreThan CapitalVC Round
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Market signals

Structured signals derived from secondary market and firmographic data.

  • Oct 5, 2026

    Grew 40% QoQ from 10 to 14 employees.

  • Aug 20, 2026

    Monthly visitors increased 56% month-over-month.

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UpDraft Filings

Explore SEC and related filing metadata, where available.

UpDraft filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about UpDraft's valuation, stock price, and market status.

Is UpDraft a public or private company?

UpDraft is a private company.

What is the current stock price of UpDraft?

UpDraft is a private company, so its shares have no public market price. Caplight tracks UpDraft's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is UpDraft worth (valuation)?

Valuation information for UpDraft is not publicly available.

Can I buy UpDraft stock?

UpDraft shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was UpDraft's last funding round?

UpDraft's most recent funding round was VC Round on December 20, 2023.

Who are the main investors in UpDraft?

Key investors in UpDraft include Auluk Investments, LC Nueva Investment Partners, Quilam Capital, MoreThan Capital.

Will UpDraft IPO soon?

No public IPO plans have been announced for UpDraft.

How can I track UpDraft secondary market activity?

Caplight tracks bids, offers, and trades in UpDraft's shares on secondary markets.

Firmographic Details

HeadquartersChattanooga, Tennessee
Employee Range14
Year Founded2024
Last FundingDec 20, 2023

Institutional Data Access

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