Recent Funding
Investors
Updata Partners

Updata Partners portfolio

Updata Partners has 5 portfolio companies on record at Recent Funding, with 3 investments in the last 12 months.

Website: updata.com.

Type: Venture capital.

Portfolio on Recent Funding: 5.

Deals, last 12 months: 3.

Rounds led: 3 of 4.

Capital in their rounds: $352M.

Latest deal: Go.AI · Nov 7, 2026.

About this page

It is a venture capital firm based in Washington, US, founded in 2001. It led 3 of the 4 rounds it joined. Its most recent investment on record is Go.AI's $85M Series A round in November 2026, which it led, alongside LAUNCH and GFT Ventures. By category, its portfolio leans toward Developer tools and cloud (3) and Insurance (1). It has co-invested with LAUNCH, GFT Ventures and Arthur Ventures.

About Updata Partners

Firm type: Venture capital.

Headquarters: Washington, US.

Founded: 2001.

Stages: Growth.

Sectors: AI & Machine Learning, Enterprise Software, SaaS.

Check size: $20M to $200M.

Portfolio companies: 86.

Exits: 5.

Rounds led: 9.

Fund returns

Fund	Vintage	Size	Net IRR	TVPI	DPI	As of
Updata Partners VII, L.P.	2022	—	33.6%	1.64x	0.40x	Dec 31, 2025
Updata Partners VI, L.P.	2020	—	17.2%	1.89x	0.70x	Dec 31, 2025
Updata Co-Investment	2014	—	16.5%	2.83x	2.83x	Sep 30, 2025
Updata Partners V, L.P.	2014	—	18.4%	2.16x	1.34x	Dec 31, 2025
Updata Partners IV	2007	—	9.9%	1.31x	1.31x	Jun 30, 2020
Updata Venture Partners IV, L.P.	2007	—	12.5%	1.37x	0.10x	Mar 31, 2013
Updata Partners III	2005	—	7.6%	1.55x	1.55x	Jun 30, 2020
Updata Venture Partners III, L.P	2004	—	-0.5%	0.97x	0.67x	Sep 30, 2014

What Updata Partners invests in

Developer tools and cloud · 3 · 60%
Insurance · 1 · 20%
Health and bio · 1 · 20%
Robotics and hardware · 1 · 20%
Cybersecurity · 1 · 20%

Updata Partners recent investments

Company	Round	Date	Alongside
GGo.AI	Series A · $85M · lead	Nov 7, 2026	LAUNCH, GFT Ventures
KKalepa	Series B+ · $75M · lead	Nov 5, 2026	none named
TTJM Labs	Series B+ · $75M	Jul 8, 2026	Arthur Ventures, Elephant (lead)
NNerdio	Series B+ · $117M · lead	Dec 14, 2022	none named

How Updata Partners invests

Stage	Deals	Capital in rounds
Series B+	3 75%	$267M
Series A	1 25%	$85M

Year	Deals	Capital in rounds
2022	1 25%	$117M
2026	3 75%	$235M

Updata Partners portfolio companies

GGo.AI$85MSeries A · Nov 2026
KKalepa$75MSeries B+ · Nov 2026
TTJM Labs$75MSeries B+ · Jul 2026
NNerdio$117MSeries B+ · Dec 2022
PPortnoxbacker

Company	Round with Updata Partners	Total raised	Latest raise
GGo.AI Developer tools and cloud	Nov 7, 2026 Series A · $85M · lead	$85M	Nov 7, 2026 Series A
KKalepa Insurance	Nov 5, 2026 Series B+ · $75M · lead	$89M	Nov 5, 2026 Series B+
TTJM Labs Health and bio	Jul 8, 2026 Series B+ · $75M	$75M	Jul 8, 2026 Series B+
NNerdio Developer tools and cloud	Dec 14, 2022 Series B+ · $117M · lead	$625M	Mar 18, 2025 Series B+
PPortnox Robotics and hardware	backer	$37.5M	Apr 8, 2025 Series B+

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (Developer tools and cloud).

How this is counted

Net returns as reported by the public-pension and foundation LPs invested in each fund.

Firm profile and fund returns: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.

Share is of the 4 rounds on Recent Funding that name Updata Partners. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio companies are the companies on Recent Funding with a round that lists Updata Partners, which is a subset of its real portfolio. API: /api/v1/investors/updata-partners (get a free API key). More: the most active VC firms and new venture capital funds.