Updata Partners

1998

Founded

86

Investments

United States

Offices

Venture Fund

Investor Type

About

Updata Partners is a leading technology-focused growth equity firm based in Washington, D.C., with over $1.5 billion in committed capital. Founded in 1998 by operators from the software industry, the firm specializes in investing in high-growth B2B software and software-driven businesses. Updata's investment approach is characterized by a deep understanding of the software industry's evolution, enabling them to provide both capital and operational expertise to emerging growth companies.

The firm's investment criteria include targeting companies with revenues between $5 million and $50 million, experiencing growth rates of 25% to 100% or more, and located outside the Bay Area. Updata Partners has a history of partnering with over 75 entrepreneurs, focusing on capital-efficient software businesses. Recent investments include Improvado, CData, Shufti Pro, Landtech, Altus Assessments, Vector Remote Care, Living Security, BoxCast, Liongard, Practifi, and Bigleaf Networks.

The firm has been recognized on GrowthCap's Top Growth Equity Firms list for multiple consecutive years, reflecting its strong track record in the industry.

Portfolio Companies

Improvado, CData, Shufti Pro, Landtech, Altus Assessments, Vector Remote Care, Living Security, BoxCast, Liongard, Practifi

Gepgraphic Focus

United States

Key Differentiators

Deep operational expertise in the software industry, Focus on capital-efficient growth, Targeting companies outside the Bay Area

Thypical Investment Size

$15M–$150M

Total Funds Raised

$1.5 billion

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Advertising (AdTech)

Big Data & Analytics

Marketing (MarTech)

Software

HR Tech

CloudTech

Washington

Pre-Seed

Seed

Series A

Series B

Series C

Series D

United States