Updata Partners

Updata Partners is a private equity and venture capital firm based in Washington, D.C., founded in 1998. The firm specializes in growth equity investments, focusing primarily on software-enabled businesses within the information technology sector. Updata Partners targets growth-stage companies in North America, particularly in Canada and the Midwest and Southeast United States, as well as in Western Europe, Australia, and parts of Asia, including India and China. The firm typically invests between $2 million and $30 million, with potential co-investments raising the total to $50 million, in companies with revenues between $5 million and $50 million. Updata aims to work alongside management teams, leveraging its investment expertise and operational experience to accelerate growth and market success. The firm often exits its investments through strategic sales or initial public offerings. With over $1 billion in committed capital since its inception, Updata Partners has funded more than 40 technology companies, emphasizing a collaborative approach to building market leaders.