Latka logo

Valuation

$78.1M

2022 Revenue

$26M

Funding

$467.5M

Team

192

Founded

2011

How Updater CEO David Greenberg Jd grew Updater to $26M revenue with a 192 person team in 2022.

Updater is a provider of a software platform enabling relocation and address-change services. Its platform enables users to update their accounts with a new address, as well as scheduling cable, power and other utilities to the new address. It seeks to expand its portfolio and existing clients through strategic acquisitions.

Last updated

Updater Revenue

In 2022, Updater's revenue reached $26M. The company previously reported $5M in 2021. Since its launch in 2011, Updater has shown consistent revenue growth.

Updater Revenue GrowthReported revenue / ARR by year$0$6M$12M$18M$24M$30M2011201320152017201920212022$0$5M$26MSource: GetLatka.com
YearMilestone
2022Updater Hit $26m revenue in May 2022
2021Updater Hit $5m revenue in April 2021
2011Launched with $0 revenue

Updater Valuation, Funding Rounds

Updater's most recent disclosed valuation is $78.1M.

Updater has raised $467.5M in total funding across 8 rounds, most recently a $215M Debt Financing round in 2022.

Updater Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$100M$200M$300M$400M$500M20112013201520172019202120222011 cumulative: $0 • 2011 Founded: $02012 cumulative: $700K • 2011 Founded: $0 • 2012 Seed Round: $700K2014 cumulative: $9M • 2011 Founded: $0 • 2012 Seed Round: $700K • 2014 Funding round: $8M2015 cumulative: $29M • 2011 Founded: $0 • 2012 Seed Round: $700K • 2014 Funding round: $8M • 2015 Venture Round: $20M2016 cumulative: $52M • 2011 Founded: $0 • 2012 Seed Round: $700K • 2014 Funding round: $8M • 2015 Venture Round: $20M • 2016 Post-IPO Equity: $23M2017 cumulative: $97M • 2011 Founded: $0 • 2012 Seed Round: $700K • 2014 Funding round: $8M • 2015 Venture Round: $20M • 2016 Post-IPO Equity: $23M • 2017 Post-IPO Equity: $45M2019 cumulative: $192M • 2011 Founded: $0 • 2012 Seed Round: $700K • 2014 Funding round: $8M • 2015 Venture Round: $20M • 2016 Post-IPO Equity: $23M • 2017 Post-IPO Equity: $45M • 2019 Venture Round: $95M2021 cumulative: $252M • 2011 Founded: $0 • 2012 Seed Round: $700K • 2014 Funding round: $8M • 2015 Venture Round: $20M • 2016 Post-IPO Equity: $23M • 2017 Post-IPO Equity: $45M • 2019 Venture Round: $95M • 2021 Convertible Note: $60M2022 cumulative: $467M • 2011 Founded: $0 • 2012 Seed Round: $700K • 2014 Funding round: $8M • 2015 Venture Round: $20M • 2016 Post-IPO Equity: $23M • 2017 Post-IPO Equity: $45M • 2019 Venture Round: $95M • 2021 Convertible Note: $60M • 2022 Debt Financing: $215M$467M2011 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2022Debt Financing$215M--
2021Convertible Note$60M--
2019Venture Round$95M--
2017Post-IPO Equity$45M--
2016Post-IPO Equity$23M--
2015Venture Round$20M--
2014Funding round$8M--
2012Seed Round$700K--

Updater Employees & Team Size

Updater employs approximately 192 people as of 2026, down from 217 in 2022.

Updater has 192 total employees in different roles and functions and 14 sales reps that carry a quota.

Updater Team GrowthReported headcount over time05010015020025020112013201520172019202120232025006060217217192192Source: GetLatka.com
YearMilestone
2025Reached 192 employees (July 2025)
2022Reached 217 employees (May 2022)
2021Reached 60 employees (April 2021)

Founder / CEO

David Greenberg Jd

David M. Greenberg is the Founder and CEO of Updater. Updater's app helps relocating consumers organize and complete all moving-related tasks, such as updating accounts and records, connecting Internet and utilities, booking a moving company, and much more. Over 1,000 real estate companies have partnered with Updater to deliver their clientsa simplified moving experience. Technology owned by Updater touches nearly 50% of all household moves in the US annually. Updater’s Home Services Division provides innovative technology that simplifies the purchase of home subscription products across telecommunications, cable, satellite, home security, home improvement and home energy. MoveHQ, a subsidiary of Updater, provides widely-used technology that helps moving companies run their businesses, from driver applications to warehouse management solutions, and more. Updater has raised over $120 Million in growth capital and is backed by Fidelity International, Softbank Capital, IA Ventures, Second Century Ventures (the strategic investment division of the National Association of REALTORS), Commerce Ventures, and over 10 other institutional funds. Updater has over 200 full time employees and over 400 contractors working to reinvent the moving experience. In Crain's list of Best Places to Work in NYC, Updater has ranked in the top 10 multiple times in recent years (and the top ranked tech company in NYC in 2016). Previously, David practiced corporate law at Cravath, Swaine & Moore LLP.

Q&A

QuestionAnswer
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 Updater yet.

Frequently Asked Questions about Updater

What is Updater's revenue?

Updater generates $26M in revenue.

Who founded Updater?

Updater was founded by David Greenberg Jd.

Who is the CEO of Updater?

The CEO of Updater is David Greenberg Jd.

How much funding does Updater have?

Updater raised $467.5M.

How many employees does Updater have?

Updater has 192 employees.

Where is Updater headquarters?

Updater is headquartered in New York, New York, United States.

People Also Viewed

M47 - AI Company logo

M47 - AI Company

M47 is an AI company. We ignite the power of AI at the heart of leading companies. From design to execution, without limits. Through creativity, talent, adaptation, and extreme care for quality, we amplify the multiplier effect of Artificial Intelligence in your company.

MangoApps logo

MangoApps

A modern work platform means a single source of truth for your desk and deskless employees alike, where everything they need is organized and easy to find. MangoApps was designed to unify your employee experience by combining intranet, communication, collaboration and training into one intuitive, mobile-accessible workspace. If you used MangoApps, your employees would start every day on a personally customizable widget-based dashboard that included everything they needed for their job. Each employee has personal notification and dashboard settings, ensuring that they get all the updates they need, and can filter out irrelevant information as needed. We’ve been in the business for over a decade, and have spent that time working closely with our customers, refining the product to ensure that it meets all of their needs, and our modular pricing means you only pay for what you actually use.

Tracer logo

Tracer

Tracer is revolutionizing the brand protection industry with its advanced AI platform, setting new benchmarks in detecting, reviewing, and removing brand abuse with unmatched accuracy, speed, and scale. By leveraging over a decade’s worth of brand data with dynamically tuned Human-in-the-Loop AI and deep expertise of industry professionals, Tracer has become the chosen solution provider for some of the world’s most valuable brands. Tracer helps brands preserve their intellectual property and brand integrity globally, ultimately amplifying customer trust, loyalty, and satisfaction. We offer a comprehensive suite of solutions to address a wide array of brand abuses, including: counterfeiting, impersonation, cybersquatting, fraud, phishing, and more. At Tracer, we're on a mission to use AI to create a safe, secure, and authentic digital universe for everyone - where brands can thrive, and consumers worldwide can buy, share, search, click, download and navigate with confidence.

DVV Media Group logo

DVV Media Group

Mehr als 70 Jahre verlässlicher Partner für die Akteure in den Bereichen Transport & Logistik sowie Verkehr & Mobilität

Babtec Informationssysteme GmbH logo

Babtec Informationssysteme GmbH

Together we shape the future of quality management.

SWIL - SwilERP for Retail & Distribution logo

SWIL - SwilERP for Retail & Distribution

Welcome to Softworld (India) Pvt. Ltd. (SWIL) – Your Trusted Retail and Distribution Solution Provider since 1994! Our wide array of advanced products caters to all present and future dependencies, including on-premise desktop, web-based ERP, and mobile apps, making us a one-stop destination for comprehensive business solutions. Industry Specialization: Our expertise extends to serving businesses of all industry types, making us the ideal choice for both small and large enterprises. Whether you are a retailer or a wholesaler, SwilERP has you covered with comprehensive services to optimize your operations. Global Reach, Local Presence: Headquartered in the vibrant city of Jaipur, we have spread our wings globally while maintaining a strong presence across India. Our ISO 9001:2015 certification reflects our commitment to delivering top-notch services to our valued clients. Driving Performance: SWIL software services are designed to streamline operations, enhance performance, and boost overall productivity. SwilERP takes pride in contributing to the growth of businesses across various industries. Expert Development Team: SwilERP's team is uniquely designed to empower growing businesses with a technological advantage, allowing seamless scalability without worrying about limitations. We provide a platform that evolves with your needs. Comprehensive Product Lineup: We believe in future-proofing your business. That's why we offer a wide range of advanced products that meet your present requirements while accommodating future dependencies. Rest assured, with SWIL, your business is always ahead of the curve. Client-Centric Approach: Our success is measured by the success of our clients. We are committed to walking the extra mile to ensure your business thrives. Your challenges are our challenges, and we are committed to helping you overcome them. Join us on this journey towards success and efficiency. Let's shape a brighter future for your business together!

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .