About Updata
Updata is a private equity firm founded in 2001. It is primarily based in Washington, United States. As of Sep 2026, Updata is an active investor with a portfolio of 85 companies, comprising 85 funding rounds and 4 acquisitions. In the last 12 months, it has participated in 5 funding rounds. The firm primarily invests in companies based in United States and United Kingdom. Its portfolio is spread across a wide range of sectors from Enterprise Applications to Enterprise Infrastructure. Its latest investment was a $***** Series C round in Hi Rasmus on Sep 04, 2026
Overall Updata portfolio has seen 1 unicorn and 49 acquisitions including key companies like Trustwave, Jama Software and Glassbox. A lot of funds co-invest with Updata, with names like New Markets Venture Partners sharing a substantial percentage of its portfolio.
Updata has a team of 26 people, including 6 partners.
Key Metrics
Updata's Portfolio
Updata has a portfolio of 85 companies. They have invested in a total of 85 companies. Their most recent investment was in Hi Rasmus (Series C round) on Sep 04, 2026. Here are the most recent investments by Updata:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
Sep 04, 2026 | Series C | 3926 | - | |
Aug 05, 2026 | Series A | 4289 | - | |
Jul 09, 2026 | Series B | 6091 | ||
Jan 20, 2026 | Series A | 2999 | - |
Updata has acquired 4 companies. Their most recent acquisition was of Netwrix on Oct 02, 2020. Here are the most recent acquisitions by Updata:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
Oct 02, 2020 | Provider of data and identity security solutions for hybrid environments | - | 2006 | |
Jan 06, 2015 | Provider of BPO services for multiple industries | $38.8M | 2003 | |
Oct 05, 2021 | AI interfaced process management and workflow automation software | - | 2005 | |
May 11, 2015 | Global professional services firm providing risk management, insurance, and human capital solutions | $53.1M | 2001 |
Here is the portfolio snapshot of Updata:
Investments by Year
The maximum number of investments were made in 2022
Acquisitions by Year
The maximum number of acquisitions were made in 2020
Portfolio by Location
Companies are primarily in United States and United Kingdom
Portfolio by Sector
Companies are primarily in Enterprise Applications
Team profile of Updata
Updata has a team of 26 members including 6 Partners and 7 Principals located in United States. Updata's team sits on the board of 1 company.Here is a list of top team members in Updata:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York City | - | - | |
Partner | Washington, DC | - | - | |
Partner | United States | - | - | |
Partner | Washington | - | - | |
Partner | Santa Cruz | - | - | |
Partner | United States | - | - | |
Principal | Washington, DC | - | ||
Principal | Washington, DC | - | - | |
Principal | Washington, DC | - | - | |
Principal | Washington, DC | - | - | |
Principal | Washington, DC | - | - |
Co-investors of Updata
Over the past 25 years, 38 investors have co-invested in Updata's portfolio companies.
- Top Co-investors of Updata: 38 investors entered a company along with Updata. These include investors like New Markets Venture Partners (2 companies).
Updata News
•
Hi Rasmus Raises $50 Million from Updata Partners to Accelerate MissionGlobeNewswire•Sep 03, 2026•Updata, Hi Rasmus
•
Vertical Insure Secures Investment from Updata Partners to Expand Embedded Insurance InfrastructureGlobal Fintech Series•Aug 05, 2026•Vertical Insure, Updata
•
TitanX Raises $27 Million Series A to Scale the Phone Intent™ Categoryintelligence360•Feb 09, 2026•Updata, TitanX
•
•
•
•
•
ORIX Corporation USA's Growth Capital Business Invests in PianoBusiness Wire•Feb 06, 2025•ORIX, Piano, Updata, ORIX
•
ORIX Corporation USA's Growth Capital Business Invests in PianoBakersfield•Feb 06, 2025•ORIX, Piano, Updata
•
