Updraft
PrivateLast Round
Series B
Dec 20, 2023
Total Funding Raised
$598M
Company Overview
Updraft is a financial technology company that provides a mobile-native personal finance platform to help consumers consolidate and pay off high-interest debt.
Sector
FinTech
Verticals
Personal Finance, Lending & Credit, Credit Scoring, Digital Banking
Business Model
B2C
Customer Profile
Usage-Based SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Updraft Comparables
Compare Updraft with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Emma | 79% | |
| ClearScore | 77% | |
| Creditspring | 76% |
Updraft Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Dec 20, 2023 | ||||
| Debt | Dec 20, 2023 | ||||
| Series A | Dec 19, 2022 | ||||
| Debt | Dec 19, 2022 | ||||
| Early Funding | Oct 20, 2021 | ||||
Early Funding | Dec 3, 2020 |
Updraft Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Faber Capital | Series A |
| Auluk Investments | Series B, Series A |
| LC Nueva Investment Partners | Series A |
| Quilam Capital | Early Funding, Series B |
| MoreThan Capital | Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Oct 25, 2024
Monthly visitors increased 82% MoM, reaching 71,000.
- Dec 19, 2022
$9.76M round led by Auluk Investments and LC Nueva Investment Partners
Updraft Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Request accessFrequently 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 Series B 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.