# Updater funding: rounds and investors > Updater has raised $228M across 7 rounds since 2011. Investors include SoftBank Capital, Commerce Ventures and IA Ventures. Every round with its source. Source: https://millionrounds.com/company/updater (Millionrounds; every figure on the page links to its filing or article) United States · [Venture startup](https://millionrounds.com/companies) # Who invested in *Updater* 7 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Consumer Apps Raised 9 months ago Funding summary Updated 26 Oct 2026 **$228M** raised across 7 rounds since 2011, from 7 sources **$800K** Seed **$700K** Seed **$3.0M** Series A **$8.0M** Series A **$215M** Debt - **Latest round:** Venture Feb 2026 - **Biggest round:** $215M Debt · May 2022 - **Investors:** 11 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2011 2013 2015 2017 2019 2021 2023 2025 **$800K** Seed **$700K** Seed **?** Round **$8.0M** Series A **$215M** Debt **?** Venture - **First round:** Seed, $800K - **Biggest round:** $215M - **Usual gap between rounds:** 11 months ## The rounds - **Feb 2026** Venture **Amount undisclosed** *4 new* [SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2) [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital) [SBI Investment](https://millionrounds.com/fund/sbi-investment) [MUFG Bank](https://millionrounds.com/fund/mufg-bank) Source recorded - **May 2022** Debt **$215M** *2 new* *2 returning* [SoftBank](https://millionrounds.com/fund/softbank-2) [Reach](https://millionrounds.com/fund/reach) [Commerce Ventures](https://millionrounds.com/fund/commerce-ventures) [Second Century Ventures](https://millionrounds.com/fund/second-century-ventures) Source recorded - **Apr 2014** Series A **$8.0M** *2 new* *2 returning* [SoftBank Capital](https://millionrounds.com/fund/softbank-capital-2) [Commerce Ventures](https://millionrounds.com/fund/commerce-ventures) [IA Ventures](https://millionrounds.com/fund/ia-ventures) [Second Century Ventures](https://millionrounds.com/fund/second-century-ventures) From a historical funding record - **May 2013** Series A **$3.0M** *2 new* [SoftBank Capital](https://millionrounds.com/fund/softbank-capital-2) [IA Ventures](https://millionrounds.com/fund/ia-ventures) Reported by finsmes.com - **Mar 2013** Round **Amount undisclosed** *1 new* [NAR REACH](https://millionrounds.com/fund/nar-reach) From a historical funding record - **Jun 2012** Seed **$700K** No investor was named in the report. From a historical funding record - **Aug 2011** Seed **$800K** No investor was named in the report. Reported by fis.dowjones.com ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Seed** 2011 **Seed** 2012 **Round** 2013 **Series A** 2013 **Series A** 2014 **Debt** 2022 **Venture** 2026 [SoftBank Capital](https://millionrounds.com/fund/softbank-capital-2) [Commerce Ventures](https://millionrounds.com/fund/commerce-ventures) [IA Ventures](https://millionrounds.com/fund/ia-ventures) [Second Century Ventures](https://millionrounds.com/fund/second-century-ventures) [SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2) [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital) [SBI Investment](https://millionrounds.com/fund/sbi-investment) [SoftBank](https://millionrounds.com/fund/softbank-2) [Reach](https://millionrounds.com/fund/reach) [MUFG Bank](https://millionrounds.com/fund/mufg-bank) ## Everyone who backed them [SoftBank Capital](https://millionrounds.com/fund/softbank-capital-2) VC firm **2** rounds [Commerce Ventures](https://millionrounds.com/fund/commerce-ventures) VC firm **2** rounds [IA Ventures](https://millionrounds.com/fund/ia-ventures) VC firm **2** rounds [Second Century Ventures](https://millionrounds.com/fund/second-century-ventures) Corporate VC **2** rounds [SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2) Investment bank **1** round [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital) VC firm **1** round [SBI Investment](https://millionrounds.com/fund/sbi-investment) VC firm **1** round [SoftBank](https://millionrounds.com/fund/softbank-2) Investment firm **1** round [Reach](https://millionrounds.com/fund/reach) VC firm **1** round [MUFG Bank](https://millionrounds.com/fund/mufg-bank) Investment firm **1** round [NAR REACH](https://millionrounds.com/fund/nar-reach) Accelerator **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=updater). ## Also claim to have backed them These 4 firms list Updater as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Horizon Technology Finance](https://millionrounds.com/fund/horizon-technology-finance) Venture debt Per its own site [Unlock Venture Partners](https://millionrounds.com/fund/unlock-venture-partners) VC firm Per its own site [Commerce VC](https://millionrounds.com/fund/commerce-vc) VC firm Per its own site [W inc.](https://millionrounds.com/fund/w-inc) VC firm Per its own site ## Quick answers about Updater ### Who invested in Updater? Updater's investors include SoftBank Capital, Commerce Ventures, IA Ventures, Second Century Ventures and SMBC Venture Capital, and 6 more on record. ### How much has Updater raised? Updater has raised $228M across 7 rounds since 2011. 2 rounds did not disclose an amount, so the total is a floor. ### When did Updater last raise? Updater's most recent round was a Venture in Feb 2026. ### What was Updater's biggest round? Updater's largest round on record is $215M (Debt), in May 2022. ### Who backed Updater first? Updater's first round on record, in Mar 2013, was backed by NAR REACH. ### What stage is Updater at? Updater's latest named round is a Venture, in Feb 2026. ### Where is Updater based? Updater is based in the United States. ## Companies like Updater In the same sector, and raised in the last eighteen months. [**Punch** $11M · Oct 2026](https://millionrounds.com/company/punch)[**Albert** $57M · Oct 2026](https://millionrounds.com/company/albert)[**Welltory** $4.0M · Oct 2026](https://millionrounds.com/company/welltory)[**Arena** $401M · Oct 2026](https://millionrounds.com/company/arena)[**Bloom** $418M · Oct 2026](https://millionrounds.com/company/bloom)[**Clockout** $5.5M · Oct 2026](https://millionrounds.com/company/clockout) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app