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
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Updraft's valuation, stock price, and market status.