Valuation
$7.5M
2023 Revenue
$2.5M
Funding
$0
Team
24
Founded
2020
How UpdateAI CEO Josh Schachter grew to $2.5M revenue with a 24 person team in 2023.
You focus on the people stuff. UpdateAI handles the small stuff. Building great customer relationships requires numerous meetings. Your day might turn into a continuous block of calls and emails, each filled with tasks, questions, and challenges to address, and with each call, more arises. But, it's no longer 2021, and technology is here to aid us further. Imagine the impact on your customer interactions...
💣 Humans set the agenda. AI shares it on Zoom. 💣 A human asks a question. AI notes it down. 💣 A human commits to a demo call. AI schedules it in the task management app. 💣 How about AI creating a custom follow-up email? You just inject your personal touch and hit 'send'. This way, you maintain that invaluable human connection without missing a beat.
Relationships are deeply human at their core. Let's assign multitasking to AI.
Last updated
UpdateAI Revenue
In 2023, UpdateAI's revenue reached $2.5M. Since its launch in 2020, UpdateAI has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2023 | UpdateAI Hit $2.5m revenue in December 2023 | |
| 2020 | Launched with $0 revenue |
UpdateAI Valuation, Funding Rounds
UpdateAI's most recent disclosed valuation is $7.5M.
UpdateAI is a bootstrapped Conversational Intelligence Software startup. Founded in 2020, UpdateAI has grown to $2.5M in revenue without raising any venture capital or outside funding.
As a self-funded Conversational Intelligence Software SaaS company, UpdateAI has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for UpdateAI yet.
UpdateAI Employees & Team Size
UpdateAI employs approximately 24 people as of 2026, up from 18 in 2022.
| Year | Milestone |
|---|---|
| 2023 | Reached 24 employees (December 2023) |
| 2022 | Reached 18 employees (December 2022) |
Frequently Asked Questions about UpdateAI
What is UpdateAI's revenue?
UpdateAI generates $2.5M in revenue.
Who founded UpdateAI?
UpdateAI was founded by Josh Schachter.
Who is the CEO of UpdateAI?
The CEO of UpdateAI is Josh Schachter.
How much funding does UpdateAI have?
UpdateAI raised $0.
How many employees does UpdateAI have?
UpdateAI has 24 employees.
Where is UpdateAI headquarters?
UpdateAI is headquartered in Los Angeles, California, United States.
Compare UpdateAI to the industry
UpdateAI operates across multiple industries. Browse revenue, funding, and growth data for UpdateAI in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profilePeople Also Viewed
NextME
NextME makes it simple for businesses to manage waitlists and serve more customers. Track visits and wait times, engage your customers in real-time with a custom virtual waiting room, and grow your business like never before. NextME leverages proprietary historical data to help businesses quote more accurate wait times during peak hours. We believe in superior customer service and that waiting in line can be done virtually, not physically. NextME's digital waitlist for businesses is available to download in the App Store today: http://apple.co/1IUTQWw We're hiring! See our current opening positions here: https://bit.ly/3llzOho Need an extra hand with a product demo? Give us a call at (877) 639-8631
Ubiq Security
Simplifying encryption for developers through APIs.
Archipad
Archipad est un logiciel de suivi de chantier pour les professionnels du secteur du bâtiment
Knexus
The company primarily operates in the Software industry. Knexus is headquartered in London, United Kingdom.
Garage Technologies
Marketplace for used firefighting equipment.
Capi Money
Helping businesses in Africa pay their international suppliers
