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
debt consolidationpersonal finance managementopen bankingcredit score improvementdebt repaymentneobankfintech appcredit builderloan productmoney management appfinancial healthunderwritingcredit monitoringdebt payoff appb2c fintech
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Updraft Comps
Public and private peers based on sector, stage, and business model.
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 |
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.
Firmographic Details
HeadquartersLondon
Employee Range48
Year Founded2020
Last FundingDec 20, 2023