Summary
68
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
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Dec 19 '23 Series D$340M
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Dec 16 '22 Debt Financing$120M
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Dec 16 '22 Series A$9.7M
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May 01 '20 Seed$760K
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Nov 01 '19 Seed$570K
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May 01 '19 Pre Seed$120K
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May 01 '19 Pre Seed$120K
Investors
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MoreThan Capital
Series D -
Nueva Capital
Series D
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Quilam CapitalSeries D