Updaterrevenue & funding
New YorkFounded 2011CEO David Greenberg Jd
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.
Updater revenue
Updater's annual revenue was $26M in May 2022 (source not recorded), the most recent figure on record. That is up 417% from $5M a year earlier.
All 2 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $5M | – |
| May 2022 | $26M | – |
– source not recorded
Updater funding rounds & investors
Updater has raised $467.5M across nine rounds since 2011. The latest was a $215M Debt Financing in May 2022.
| Date | Round | Raised |
|---|---|---|
| May 2022 | Debt Financing | $215M |
| Nov 2021 | Convertible Note | $60M |
| Dec 2019 | Venture | $95M |
| Sep 2017 | Post-IPO Equity | $45M |
| Sep 2016 | Post-IPO Equity | $23M |
| Dec 2015 | Venture | $20M |
| Apr 2014 | Funding round | $8M |
| Jun 2012 | Seed | $700K |
| Aug 2011 | Seed | $800K |
| Total raised | $467.5M |
Updater CEO, founders & employees
David Greenberg Jd founded Updater in 2011 and runs it as CEO. Updater has 192 employees (July 2025, LinkedIn).
- David Greenberg JdFounder & CEO
All 3 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Jul 2025 | 192 | |
| May 2022 | 217 | – |
| Apr 2021 | 60 | – |
Updater FAQ
What is Updater's revenue?
Updater's annual revenue was $26M in May 2022 (source not recorded). No later figure is on record.
How much funding has Updater raised?
Updater has raised $467.5M across nine funding rounds. The latest was a $215M Debt Financing in May 2022.
How many employees does Updater have?
Updater has 192 employees as of July 2025, according to LinkedIn.
Who is the CEO of Updater?
David Greenberg Jd is the CEO of Updater and founded the company in 2011.
Who founded Updater?
David Greenberg Jd founded Updater in 2011.
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How this page is sourced
1 from public sources. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Sep 28, 2026Data disclaimerReport a correctionClaim this profileRun Updater? Join the podcast