- Updater is a software development company based in New York, specializing in streamlining the moving process through a multi-faceted marketplace that helps 25% of people in the U.S. who move each year.
- In June 2023, Updater raised $7.4 million in a Post IPO funding round, part of a total of $215 million raised to enhance their product, design, data, and engineering capabilities.
- The company has established partnerships with multifamily housing providers to improve the resident experience, including recent enhancements to their sign-up flow and custom task features.
- Ideal buyers include property management companies and real estate developers looking to simplify the move-in process for residents, addressing the pain points associated with moving and onboarding.
Updater's workforce is organized into 11 departments, with the largest being Operations at 23 employees, followed closely by Information Technology with 20 employees. Engineering comprises 14 employees, while the Executive and Community and Social Services departments have 13 and 12 employees, respectively. This distribution reflects a strong operational and technical focus, supporting the company's software development initiatives.
The company operates across 22 locations, with a significant concentration in New York, NY, housing 27 employees. Atlanta, GA, follows with 14 employees, while several locations, including Vero Beach, FL, and San Francisco, CA, each contribute 4 employees. The 'Other' category accounts for 52 employees, indicating a distributed workforce model that allows for flexibility and remote work arrangements.
