Skip to main content
Caplight Logo









UpDraft

UpDraft

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

Last Round

VC Round

Dec 20, 2023

Total Funding Raised

$468.2M

Momentum

Top 25%

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, Document Management

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.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

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%

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
Early Funding
Dec 3, 2020

Key People

Founding team and executive leadership

Fernando Cabral

Co-Founder & CTO

Founding Team

Tim LaBelle

Co-Founder & CEO

Founding Team

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, Early Funding
MoreThan CapitalVC Round

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 15, 2026

    Monthly visitors increased 59% MoM, reaching 1.4K.

  • Feb 7, 2026

    Grew 38% QoQ, from 8 to 11 employees.

UpDraft Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation

UpDraft Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersChattanooga, Tennessee
Employee Range11
Year Founded2024
Last FundingDec 20, 2023

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.

See something wrong or outdated?