Updraft
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Contact Information
Overview
Updraft is a lending, credit report, and financial planning application for millennials. They help people break up with their credit cards and manage their money. Their app is available on the iPhone. They turn borrowers into savers by automating the decisions involved in managing money and mainstream borrowings.
About
Industries
Financial Services, FinTech, Lending, Mobile Apps, Credit
Founded
2017
Employees
11-50
Headquarters locations
Europe
Social
N/A
Profile Resume
Updraft headquartered in Europe, operates in the Financial Services, FinTech, Lending, Mobile Apps, Credit sector. The company focuses on Financial Services and has secured $144.0B in funding across 240 round(s). With a team of 11-50 employees, Updraft is actively contributing to advancements in Financial Services. Their latest funding round, Debt Financing - Updraft, raised $318.3M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
Funding rounds
12
Investors
2
Lead Investors
0
Total Funding Amount
$599.9M
Details
4
Updraft has raised a total of $599.9M in funding over 4 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2019 | Seed | 130.5K | ||
| 2019 | Seed | 195.8K | ||
| 2019 | Seed | 582.4K | ||
| 2022 | Early Stage Venture | 9.7M |
Investors
Updraft is funded by 39 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| Santander CIB | - | FUNDING ROUND - Santander CIB | 318.3M |
| Pradeep Krishnamurthy | - | FUNDING ROUND - Pradeep Krishnamurthy | 318.3M |
| Updraft | - | FUNDING ROUND - Updraft | 318.3M |
| Jefferies | - | FUNDING ROUND - Jefferies | 318.3M |
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