Updata Partners

Updata Partners is a Washington D.C.-based growth equity firm that specializes in investing in B2B software companies. Founded in 1998, the firm focuses on partnering with companies outside of Silicon Valley that have annual revenues between $5 million and $50 million and are experiencing growth rates of 25% to 100%. Updata typically invests $15 million to $150 million per company and emphasizes businesses that are capital-efficient and often bootstrapped or lightly capitalized. With over $1.5 billion in committed capital, Updata recently closed its seventh fund at $608 million. The firm is known for its operational expertise, bringing decades of experience to its portfolio companies. This hands-on approach allows Updata to support emerging leaders in the software industry through all phases of growth. The firm seeks to be the first institutional capital in its investments, providing both funding and strategic guidance to help scale companies. Updata's portfolio includes a diverse range of software-driven businesses, including companies like Improvado, Shufti Pro, CData, and BoxCast. The firm prides itself on fostering long-term partnerships with entrepreneurs, drawing on its extensive industry knowledge to drive success in fast-growing companies across the U.S. and beyond. Updata’s investment strategy is centered on identifying high-potential companies that can benefit from both capital infusion and operational support, making them a key player in the B2B software growth equity space.