We are pleased to announce that Updata Partners led Go.AI's $85 million Series A financing, with participation from existing investors GFT Ventures and LAUNCH. Go.AI is the leading provider of on-premises AI infrastructure for regulated industries. The company offers an AI operating system with compliance-focused applications and recently released the Go1, the industry’s first on-premises AI hardware and software solution for regulated organizations. What stood out to us: - A compelling team led by co-founders David Moscatelli and Lisa Gillespie - 200+ customers from industries including financial services, insurance, and healthcare that process more than 12.5 million queries per day - Rare combination of explosive 8x year-over-year growth and profitability We are excited to partner with David, Lisa, and the entire Go.AI team! updata.com/updata-partners-v…

We're proud to share that Updata Partners VII has been ranked the #1 Top Performing Growth Fund by Net IRR in Bloomberg's 2026 Private Funds League Tables, for funds $500 million to $1 billion, across 2019-2024 vintages. This recognition reflects the discipline of our investment strategy and, more importantly, the hard work of the exceptional founders and management teams in the portfolio. Building category-defining software businesses is a team effort, and we're grateful to every portfolio company team and limited partner who has been part of this journey. 𝘗𝘭𝘦𝘢𝘴𝘦 𝘯𝘰𝘵𝘦 𝘵𝘩𝘢𝘵 𝘵𝘩𝘪𝘴 𝘳𝘢𝘯𝘬𝘪𝘯𝘨 𝘪𝘴 𝘵𝘩𝘦 𝘰𝘱𝘪𝘯𝘪𝘰𝘯 𝘰𝘧 𝘉𝘭𝘰𝘰𝘮𝘣𝘦𝘳𝘨 𝘢𝘯𝘥 𝘯𝘰𝘵 𝘜𝘱𝘥𝘢𝘵𝘢 𝘗𝘢𝘳𝘵𝘯𝘦𝘳𝘴. 𝘜𝘱𝘥𝘢𝘵𝘢 𝘗𝘢𝘳𝘵𝘯𝘦𝘳𝘴 𝘥𝘪𝘥 𝘯𝘰𝘵 𝘴𝘦𝘦𝘬 𝘰𝘳 𝘴𝘶𝘣𝘮𝘪𝘵 𝘢 𝘯𝘰𝘮𝘪𝘯𝘢𝘵𝘪𝘰𝘯 𝘧𝘰𝘳 𝘵𝘩𝘦 𝘳𝘢𝘯𝘬𝘪𝘯𝘨 𝘰𝘳 𝘱𝘳𝘰𝘷𝘪𝘥𝘦 𝘢𝘯𝘺 𝘤𝘰𝘮𝘱𝘦𝘯𝘴𝘢𝘵𝘪𝘰𝘯 𝘵𝘰 𝘉𝘭𝘰𝘰𝘮𝘣𝘦𝘳𝘨 𝘪𝘯 𝘤𝘰𝘯𝘯𝘦𝘤𝘵𝘪𝘰𝘯 𝘸𝘪𝘵𝘩 𝘵𝘩𝘪𝘴 𝘳𝘢𝘯𝘬𝘪𝘯𝘨.

Another one in the books! Last week we welcomed our portfolio CEOs and GTM leaders from around the world to Arlington, VA for the 2026 Updata Partners CEO Summit: The AI Growth Engine. We spent two days with some of the sharpest operators in B2B software on one question: how do you turn AI into real operating leverage across the GTM org? Thank you to our presenters this year! Anthony Enrico and Jake Toepel (LeanScale), Kevin Indig (Growth Memo), Jeff Cates (ContactMonkey), Susie Driscoll (Nerdio), Joseph Rodriguez(Portnox), Mark Baillie (Cantor Fitzgerald), and Stuart Daleand James Ford(OrbitalX). #CEOSummit #UpdataPartners #AIGrowthEngine

Congrats to @PerformYard on launching their Talent Development suite. Thousands of organizations already run performance management on PerformYard. Talent Development turns that data into action through three connected modules: Coaching, Compensation, and Competencies. Reviews, goals, and meeting notes now feed real decisions on pay, performance, and career growth, powered by PerformYard's AI-first interface. We're proud to back the team. performyard.com/articles/int…

We are pleased to announce that Updata Partners VIII has invested $50 million in Hi Rasmus. Hi Rasmus equips practitioners, organizations, schools, and families navigating autism with technology that makes high-quality, evidence-based care more accessible, measurable, and scalable. The Company’s purpose-built platform unifies clinical data collection, care delivery workflows, scheduling, outcomes reporting, and AI-supported tools to help care teams spend more time with the child in front of them, not the paperwork behind them. What stood out to us: -Deeply mission-driven culture centered on impacting 1 million children and families navigating autism -Founder-led by Nikolaj Hendriksen and scaled to 1,000+ organizations without outside capital -High growth, profitable business with best-in-class retention and unit economics We are excited to partner with Nikolaj and the full Hi Rasmus team for this next chapter! updata.com/updata-partners-v…

We are excited to announce Chris Underhill as our new Operating Advisor! Chris brings deep software experience as a CEO, advisor, and chair of growth-stage data intelligence companies. He founded and led smartFOCUS, a UK SaaS martech company, raising venture capital, taking the business to an AIM listing, and completing three acquisitions across the UK, Europe and the United States. He has since served as a chairman of Updata portfolio companies Adthena and LandTech, along with Genflow, Distil.ai, RevLifter and Bidnamic. Join us in giving Chris Underhill a warm welcome to the Updata team! updata.com/team/chris-underh…

We are excited to announce that Updata Partners has been recognized on GrowthCap's 2026 Top Private Equity Firms list for the first time. We are grateful to be included alongside our fellow honorees. Link to full article: growthcapadvisory.com/the-to…

We are excited to announce Austen Mulinder as our new Operating Advisor! Austen brings a wealth of software experience, both as a CEO and as a long-time Corporate Vice President at Microsoft. Austen was CEO of Ziosk, which he led from a pre-revenue startup to the leader of the restaurant-tablet market, serving hundreds of millions of guests and processing more than $8 billion annually. His impressive track record also includes serving as a chair member for 501 Fun, Matilda Cloud, Iiwari, and CONIQ — and serves as a non-executive director of FORRIT. Join us in giving Austen Mulinder a warm welcome to the Updata team! updata.com/team/austen-mulin…

We are pleased to announce that Updata Partners led Vertical Insure's growth financing. This marks the first investment from our newest fund, Updata Partners VIII. Vertical Insure partners with vertical Saas companies to help them embed white-label insurance solutions. The company takes a software-first approach, developing coverage products that can be offered at the exact moment end users take on financial risk. Vertical Insure’s mission is to make coverage accessible with every purchase, helping platforms transform disconnected, complicated insurance processes into a built-in, seamless part of the user experience. What stood out to us: -Founder-led by Brock Noland and managed by an experienced team of technology leaders -Category-defining position across multiple new embedded insurance markets and products -Disrupting legacy, fragmented consumer insurance markets -Millions of individual policies and transactions supported We are excited to partner with Brock and the full leadership team as they continue along the growth journey! updata.com/updata-partners-v…

Congrats to @Shufti_Global on being named SaaS Company of the Year at the UK Business Tech Awards 2026! None of this happens by accident; it's the product of a team relentlessly focused on getting identity verification, fraud prevention, and compliance right for businesses operating in some of the most complex markets in the world. Well-deserved by the Shufti team!

Updata Partners proudly announces the promotion of two team members, celebrating their exceptional contributions and dedication to the firm’s continued success. Dilan Amin has been promoted to Associate. He joined Updata in 2024 as an Analyst after first coming up through the firm as a Summer Analyst, and has grown quickly ever since. Amin holds a B.S. in Finance and a minor in Computer Science from Wake Forest University. Eli Cuene has been promoted to Associate. Eli joined Updata in 2024 as an Analyst, having previously served as a Summer Analyst at the firm and as an Investment Analyst Intern at Groove Capital, a Minneapolis-based venture capital firm. Cuene holds a B.S. in Computer Science from Duke University. In their expanded roles, Dilan and Eli will help deepen the firm’s operational support capabilities, enhance sourcing efforts, and portfolio company engagements. Updata Partners is thrilled to see these talented individuals grow within the firm.

We are pleased to announce that Updata Partners VII has invested in @TJM_Labs as part of the Company's recent $75 million Series B financing. TJM Labs enables pharmacies to automate high-volume workflows through AI agents. Pharmacy operations continue to be strained by persistent labor shortages, rising prescription volumes, and growing administrative complexity. Pharmacy teams are being asked to do more with less, but many critical workflows remain manual and time intensive, creating operational bottlenecks. TJM addresses these challenges through purpose-built AI agents that automate repetitive, non-clinical workflows, driving measurable efficiency gains and allowing pharmacy teams to focus on higher-value patient care. What stood out to us: -Founder-led by Jonathan Adly, whose pharmacy and engineering background shaped TJM's purpose-built approach -Category-defining position in pharmacy AI -500,000+ pharmacy tasks processed daily -450+ pharmacies served, from independent pharmacies to enterprise organizations As teams are asked to do more with fewer resources, we believe TJM is well positioned to enable pharmacies to leverage AI as they scale and automate operations. We're proud to partner with Jonathan and the TJM team as they enter their next phase of growth! updata.com/updata-partners-v…

Exciting news from @Shufti_Global, who was just named a leader in evaluating age verification vendors by Liminal. Well-deserved recognition by the Shufti team! shuftipro.com/age-verificati…

We’re excited to share that Nick Worth has been named CEO of @piano_io! Nick has been instrumental in driving Piano's profitable growth, and accelerating its AI-powered product roadmap as both COO and interim CEO, making him the natural choice to lead the company into its next phase of growth. We look forward to continuing to work with Nick and the Piano team. Congratulations, Nick! globenewswire.com/news-relea…

Updata Operating Partner, Kate Winkler recently joined the Technology Association of Oregon Deal-Landia podcast with Erik Stromquist to share her perspective on what it takes to build a company that attracts the right capital at the right time. Drawing on a 25-year career that has spanned CEO roles, investment banking, and growth equity, Kate offered a candid look at the bridge between operating a business and understanding how investors think. More here: lnkd.in/ej5c_rA5

Huge congratulations to @portnox on winning the 2026 SC Media Award for Best Authentication Technology! This recognition is a testament to the incredible work the Portnox team has put into building a truly cloud-native, zero trust security platform that makes enterprise authentication simpler, smarter, and more secure. Well-deserved!

The line between human risk and machine risk is blurring – and most security teams aren’t ready for it. Excited to see @Living_Security tackle this head-on with their new AI-native Human Risk Management platform. The Livvy AI engine surfaces behavioral risk signals across both humans and AI agents and automatically drives remediation before incidents happen. This is the kind of proactive, unified approach the enterprise security stack has been missing. livingsecurity.com/pr-living…

Excited to see the next chapter for @cdatasoftware. This launch highlights how rethinking the data layer for AI can help bridge the gap between AI demos and AI production. Connect your AI assistants and agents to 350+ enterprise systems in minutes with CData’s managed Model Context Protocol (MCP) platform. cdata.com/ai/

We’re thrilled to announce the close of Updata Partners VIII at $875 million, our largest fund to date. The fund exceeded the target and was meaningfully oversubscribed, reaching the hard cap in six months. We are truly honored to partner with both existing and new LPs in this fund and are profoundly grateful for their support. Learn more about Updata Partners VIII here: prnewswire.com/news-releases…

Exciting news! @titanXio has acquired FrontSpin, bringing together phone intent intelligence with FrontSpin’s enterprise-grade deliverability technology to enable more precise outbound outreach. This combination helps sales teams spend less time dialing and more time having real conversations that drive pipeline and revenue. More to come! titanx.io/news/titanx-acquir…