Updraft is a lending, credit report, and financial planning app for millennials.
Updraft is a part lending, part credit report, and part financial planning app for millennials. Available on iPhone, Updraft turns borrowers into savers by automating the day to day decisions involved in managing money and mainstream borrowings. Through innovation in lending product design, behavioral science, and data science to help users with their finances.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Dec 16, 2022 | Series A | £8M | 5 |
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— | Detail |
Dec 16, 2022 | Debt Financing | £100M | 2 |
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— | Detail |
Oct 19, 2021 | Debt Financing | £72M | 1 |
|
— | Detail |
Oct 19, 2021 | Series Unknown | — | 2 |
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— | Detail |
Nov 1, 2020 | Funding Round | £16M | 2 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
|
Yes | Series A |
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Yes | Series A |
|
Yes | Debt Financing |
|
— | Series A |
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— | Series A |
|
— | Series A |
![]() |
— | Debt Financing |
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— | Series Unknown |
|
— | Funding Round |