# Updraft: Credit, Palatine, United States

> Updraft: Updraft is a lending, credit report, and financial planning app for millennials. Based in Palatine, United States. Founded 2017.

Source: https://millionrounds.com/startup/updraft (Millionrounds; every figure on the page links to its filing or article)

United States · [Credit startup](https://millionrounds.com/companies)

# Updraft

Updraft is a lending, credit report, and financial planning app for millennials.

Funding reported Last round: Debt Financing

Credit Palatine, United States

Company summary

- **Founded:** 2017 9 years old
- **Team:** 11 11 to 50 people
- **Funding reported:** $426M in dollars
- **Last round:** Debt Financing Dec 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Updraft has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Updraft raised

Funding, as reported

Reported in all **$426M** in dollars

Last round **Debt Financing**

Last round date **Dec 2023**

Investors listed **5**

## Founders and team

From Updraft's own website: 1 founder, 7 on the team.

**Aseem Munshi** CEO & Founder

- **Ashley Benison** Chief Growth Officer
- **Cath Ready** Chief Compliance Officer (SMF16 & SMF17)
- **Chris Smerdon** Chief Operating Officer
- **David Cain** Chief Financial Officer
- **Graham Lyon** Chief Technology Officer
- **Micha Panagiotidi** Chief Risk Officer
- **Sam Angeli** Chief Design & Product Officer

## Credit in United States

Startups like it

- [**College Ave** Wilmington · founded 2014](https://millionrounds.com/startup/college-ave)
- [**LIQUiDITY Group** New York · founded 2018](https://millionrounds.com/startup/liquidity-group)
- [**Mission Lane** Richmond · founded 2018](https://millionrounds.com/startup/mission-lane-2)
- [**Stream Financial** Collegeville · founded 2020](https://millionrounds.com/startup/stream-financial)
- [**Splitit** Atlanta · founded 2012](https://millionrounds.com/startup/splitit)
- [**Deserve Inc.** Palo Alto · founded 2013](https://millionrounds.com/startup/deserve-inc)
- [**Above Lending** Chicago · founded 2011](https://millionrounds.com/startup/above-lending)
- [**Buckle** Atlanta · founded 2017](https://millionrounds.com/startup/buckle)

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