Company profile: Updater
1.1 - Company Overview
Company description
- Provider of technology to simplify consumer relocations, including an invite-only moving app to organize tasks, book services, secure insurance, and update utilities; Updater Pro for multifamily/property managers with onboarding tools; a 24/7 moving concierge; and a marketplace to compare and book moving services. Partners with real estate agents, brokers, property managers, and moving companies.
Products and services
- Updater Pro: Multifamily-focused platform for property management companies that streamlines the moving process for residents, engineered to organize and complete moving-related logistics across communities
- Updater Moving App: Invite-only application that helps users organize and complete moving tasks, including booking services, securing insurance, and updating utilities, architected for streamlined relocation
- Marketplace for Moving Services: Platform where users shop, compare, and book various moving-related services and products, constructed to simplify purchasing decisions during relocation
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Updater
Mosaic Fulfilment Solutions
HQ: United Kingdom
Website
- Description: Provider of innovative, tech-led response handling and warehouse solutions for eCommerce brands and Charity partners, helping clients operate more efficiently.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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TenderEasy
HQ: Sweden
Website
- Description: Provider of a freight contract tendering solution, founded in 2004 in Stockholm and launched in 2012. Used by reputable customers to run multi-modal freight tendering in an easy-to-use, sustainable and efficient way, increasing competitiveness and quality with each RFQ.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Flexport
HQ: United States
Website
- Description: Provider of a full-service global freight forwarding and logistics platform delivering end-to-end supply chain visibility and control. Offerings include ocean and air freight with real-time tracking and cost management; customs brokerage; international and domestic trucking; DTC and B2B fulfillment with eCommerce and retailer integrations; and cargo insurance on per-shipment or term policies.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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QuikQ
HQ: United States
Website
- Description: Provider of fuel payment solutions for carriers and merchants, including SmartQ RFID for cardless, authenticated fueling; QuikQ Fuel Cards with spending limits, real-time reporting and a nationwide network; Fleet Mastercard; Q-Fuel on-site terminal fuel management with real-time authorizations and resale; plus corporate and virtual cards for purchasing, control, compliance and real-time updates.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Transplace
HQ: United States
Website
- Description: Provider of non-asset-based, tech-enabled transportation and logistics services, delivering an optimal blend of logistics technology and transportation management to manufacturers, retailers, chemicals, and CPG companies. Offerings include transportation management services, intermodal brokerage, and SaaS transportation management solutions.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Transplace company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Updater
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Updater
2.2 - Growth funds investing in similar companies to Updater
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4 - Top valuation comps for Updater
4.2 - Public trading comparable groups for Updater
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