Startups

Consumer lending platform.

Summary

Seedtable Score
  • 93
Locations
Company Size
  • 11 to 50 employees
Last Stage Round
  • Series D
Industry

Insights

This section hypothesizes why Updraft can be a $10 billion dollar company in 10 years, in 10 lines or less.


Updraft's potential lies in its innovative approach to reducing credit costs and assisting in financial decision-making. By leveraging open banking, Updraft offers personalized financial planning and lending options, tapping into a significant market need for financial literacy and management tools. The recent £272m in funding underscores its strong financial foundation.

Total funding Amount

$600M

Fundraising History

  • Dec 19 '23 Series D
    $340M
  • Dec 16 '22 Debt Financing
    $120M
  • Dec 16 '22 Series A
    $9.7M
  • May 01 '20 Seed
    $760K
  • Nov 01 '19 Seed
    $570K
  • May 01 '19 Pre Seed
    $120K
  • May 01 '19 Pre Seed
    $120K

Investors

  • MoreThan Capital
    Series D
  • Nueva Capital
    Series D
  • Quilam Capital
    Series D