UpdateAI

UpdateAI

Private
Pasadena, CaliforniaAI, Data & Cloud Infrastructurehttps://www.update.ai

Last Round

M&A

Jul 20, 2025

Total Funding Raised

$4.85M

Momentum Score

25 /100

Company Overview

UpdateAI is a technology company that provides an AI-driven notetaking platform to enhance the efficiency of customer-facing teams in SaaS companies by automating note-taking with high accuracy for follow-ups and next steps in customer interactions.

Sector

AI, Data & Cloud Infrastructure

Verticals

NLP & Conversational AI, Customer Experience, Business Intelligence, CRM, Workflow Automation

Business Model

B2B

Customer Profile

Subscription SaaS, Freemium

AI Layer

Application

Keywords

conversation intelligenceAI notetakerCSM softwareAI meeting assistantcall summarizationpost-sales intelligencecustomer success toolschurn risk detectionmeeting transcriptionaction item extractionvoice of the customerCRM integrationB2B SaaSGainsight

Historical Pricing

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Caplight Momentum Score

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UpdateAI Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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UpdateAI Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
M&AJul 20, 2025
AngelJun 1, 2023
SeedMar 16, 2022
Early FundingJan 22, 2021

UpdateAI Investors

Notable investors and investment history

InvestorRounds
CS AngelAngel
Zoom VenturesAngel
Stage Venture PartnersAngel

Market signals

Structured signals derived from secondary market and firmographic data.

  • Feb 8, 2025

    Added Highspot, Inc. as a customer in the Technology/SaaS sector.

  • Feb 8, 2025

    Added Aircall, a mid-market technology company, as a customer.

UpdateAI Filings

SEC and related filings with document metadata.

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UpdateAI Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersPasadena, California
Employee Range10
Year Founded2020
Last FundingJul 20, 2025

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.