Updater Garners $30,000,000 New Financing Round

  • Feed Type
  • Date
    9/28/2016
  • Company Name
    Updater
  • Mailing Address
    1140 Broadway New York, NY 10001 USA
  • Company Description
    Updater’s mission is to simplify the way we move. In addition to being America’s favorite change of address website, we continue to offer new and innovative features that fundamentally change the relocation process — making it easier and more efficient. And we do it all for free.
  • Website
    http://www.updater.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $30,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company’s founder and chief executive David Greenberg said Updater raised money to accelerate expansion and add more staff more quickly than they would have been able to do without the funds.
  • M&A Terms
  • Venture Investor
    Fidelity Insurance Company
  • Venture Investor
    Thorney Group