291: Startup Story – How Updater Is Removing The Hassle From Moving Home
David Greenberg is a former successful corporate lawyer turned tech entrepreneur with a great story to tell.
After his last move, he knew there had to be a better way to manage the process of moving home. It was insane — the amount of time he spent contacting the utility companies, updating contacts, and so on. Greenberg looked for a solution online, and when he saw that none existed, he knew there was a huge opportunity to build it from the ground up.
Step forward a new time-saving tool called Updater. The platform offers the ability to forward your mail, update businesses with your new address, share moving announcements with friends and family, connect internet and utilities, and much more.
In order to gain access to Updater, you must be invited by someone helping you move – your real estate agent, apartment community, moving company, etc. Once you’ve been invited, simply claim your account, and start crossing items off your moving checklist!
Updater also recently reached a significant milestone by facilitating over 1 million moves in the US and is also approaching nearly 20% market share of all American moves. Instead of taking millions more in investor money, Updater, the 25-Person Company Chose to IPO. Its valuation has increased 400% since listing only 18 months ago.
Hundreds of the most prominent real estate companies in the US (from real estate brokerages to property management companies and relocation companies) rely on Updater’s real estate products to save their clients hours with a branded and personalized Updater moving experience.
I invited David Greenberg onto the show to learn more about the story behind Updater.