Investor FAQ

What does Updater do?

Updater Technologies Inc. is the leading technology platform that powers the residential relocation industry.

Where is Updater incorporated?

Delaware

Where is Updater headquartered?

New York City, NY

What year was Updater founded?

2010

What is Updater’s fiscal year?

Updater’s fiscal year is based on the calendar year. The last day of the fiscal year is December 31.

Who sits on Updater’s Board of Directors?

Antony Catalano – Non-Executive Director
Antony served as the CEO of Domain Holdings Australia Limited (Domain) from 2013 to 2018. The value of Domain (ASX:DHG) grew to well over AU$2B under his leadership. Antony established Metro Media Publishing (MMP) in 2009, Victoria’s fastest-growing media business, which publishes a suite of glossy magazines that reach more than 1M homes throughout Melbourne. Antony is a recognized thought leaders in the real estate technology industry and was appointed to the Board in December 2015.

David Greenberg – Founder and CEO, Updater; Executive Director
David built and launched Updater out of his own frustrations with moving, recognizing that there had to be a better way. Prior to launching Updater, David practiced corporate law at Cravath, Swaine & Moore LLP. David holds a Juris Doctor from Cornell Law School, where he was Editor of the Law Review, and a Bachelor of Arts from the University of Pennsylvania. David was appointed to the Board in May 2010.

Grant Shaffer – Non-Executive Director
Grant was the lead seed investor in Updater and has been on the Board since 2011. Grant is an active technology investor in both the United States and Australia and previously held a range of senior positions within London-based investment bank Evolution Securities (since sold to Investec) and Ernst & Young in Australia. Grant is a chartered accountant, a member of the Australian Institute of Company Directors and completed the Owner/President Management Program at Harvard Business School.

Jessica Nagle – Non-Executive Director
Jessica was the Co-Founder and Principal of SNL Financial, a premier provider of sector-specific financial information to global banking, trading, and investment firms. She helped power the growth of SNL Financial for over 25 years, prior to its sale to McGraw Hill Financial for $2.3B. Jessica is an active investor in startup ventures and previously sat on the Boards of Quidd, the Aperture Foundation, and Campaign for Tobacco Free Kids. Jessica was appointed to the Board in March 2018.

Ryan Hubbard – CTO and COO, Updater
Ryan oversees technical strategy and engineering initiatives for Updater and has over 15 years of experience in the technology and software engineering industry. Prior to joining Updater, Ryan served as Partner and CTO of YellowHammer, a multi-award-winning performance trading platform that was ranked $37 on the Inc. 5000 Fastest Growing Companies list in 2013. Prior to YellowHammer, Ryan was the Co-Founder and CTO of eVariant, a market leader in healthcare CRM/PRM software. Ryan was appointed to the Board in February 2014.

Who is on Updater’s leadership team?

Information about Updater’s leadership team can be found here.

Is it true that Updater was once a publicly-traded company?

Yes! Updater was a publicly traded company on the Australian Securities Exchange (ASX:UPD) from 2015 to 2018. We pursued an IPO on the ASX in 2015 as a fundraising strategy, not as a liquidity event – you can read more about our decision to IPO in Entrepreneur Magazine. This unique strategy solidified Updater as the smallest VC-backed American tech company – at only 25 employees at the time – to ever IPO on a public market. We delisted from the ASX in 2018 to pursue private funding and accelerate the company’s growth.

How do I transfer stock or change the address on my shareholder account?

Please fill out a transfer form via Computershare here and email it to Computershare at web.queries@computershare.com

Please note that a Medallion Guarantee stamp is required to transfer restricted shares. For Australian shareholders that cannot obtain a US-based Medallion Guarantee stamp, a security check is available for a fee by emailing your transfer request to #AUCSMELTSGSVSMSG@computershare.com.au.

Who is Updater’s independent auditor?

Baker Tilly US LLP has been the independent auditor of record since 2019.

Does Updater have an investment division?

Updater both acquires and invests in other companies. Please email our Partnerships team with more information about your company.

How do I contact Investor Relations?

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