United Kingdom · 
Who invested in Updraft?
Updraft's investors include The Future Fund.
United Kingdom · Funded startup
Who invested in Updraft
Funding summaryUpdated 26 Oct 2026
$318Mraised across 1 round since 2023, from 1 source
- Latest round
- Debt, $318MDec 2023
- Investors
- 1
The rounds
- Dec 2023
Founders and team
From Updraft's own website: 1 founder, 7 on the team.
Aseem MunshiCEO & Founder
- Ashley BenisonChief Growth Officer
- Cath ReadyChief Compliance Officer (SMF16 & SMF17)
- Chris SmerdonChief Operating Officer
- David CainChief Financial Officer
- Graham LyonChief Technology Officer
- Micha PanagiotidiChief Risk Officer
- Sam AngeliChief Design & Product Officer
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Quick answers about Updraft
How much has Updraft raised?
Updraft has raised $318M across 1 round since 2023.
When did Updraft last raise?
Updraft's most recent round was a Debt of $318M in Dec 2023.
What was Updraft's biggest round?
Its most recent round, $318M in Dec 2023, is also its largest on record.
Who backed Updraft first?
Updraft's first round on record, in Dec 2023, was backed by The Future Fund.
What stage is Updraft at?
Updraft's latest named round is a Debt, in Dec 2023.
Where is Updraft based?
Updraft is based in the United Kingdom.
Companies like Updraft
In the same sector, and raised in the last eighteen months.
Find investors like these
Search every investor by what they have actually funded, then narrow to your stage and market. Free.