Updata Partners

Profile

Updata Partners is a venture capital firm based in the United States, focusing primarily on growth-stage B2B software companies. With a team comprising general partners Carter Griffin, Jon Seeber, and Braden Snyder, as well as several principals and associates, their team size supports a structured approach to investment and value creation. Known for their operator-focused mindset, they provide not only capital but also strategic and operational expertise to help develop and grow their portfolio companies.

The firm specializes in B2B software and AI-driven companies, seeking investments outside the Bay Area with equity requirements between $20M to $200M. They prioritize capital-efficient growth and target non-Bay Area companies with Annual Recurring Revenue (ARR) of $5 to $50 million and growth rates of 25% to over 100%. The firm typically invests in bootstrapped or lightly capitalized organizations, focusing on delivering sustainable economic growth and efficient capital use.

Some notable investments in their portfolio include Nerdio, offering software support services; MD Integrations, supporting healthcare software solutions; CData, specializing in data connectivity; TitanX, focusing on performance enhancement solutions; Living Security, specializing in security awareness training; Jellyvision, known for its employee communication software; and Built In, which supports tech industry professionals with their network and resources.