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Urban Company operates as a comprehensive technology platform that facilitates on-demand home services, connecting individual consumers with skilled professionals. The platform offers a diverse array of services, including beauty treatments, home cleaning, appliance repairs, and plumbing, emphasizing convenience and reliability through its structured marketplace approach. This model effectively streamlines access to essential local services, providing a standardized experience for users.
The company was founded in 2014 by Abhiraj Bhal, Varun Khaitan, and Raghav Chandra. Their shared insight recognized the significant fragmentation and lack of standardization within the home services industry, particularly in emerging markets. They aimed to create a trusted and efficient digital channel for consumers to access a broad spectrum of professional services, thereby organizing a historically unorganized sector.
Individual consumers seeking reliable and efficient household and personal care services utilize Urban Company's platform. The company's long-term vision is to be the premier global destination for at-home services, continually enhancing the accessibility and quality of professional expertise. It aims to empower both service providers and customers through a robust, technology-driven ecosystem.
Urban has raised $30.1M across 5 funding rounds.
Urban has raised $30.1M in total across 5 funding rounds.
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Urban has raised $30.1M across 5 funding rounds. Most recently, it raised $7.6M Other Equity in September 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 28, 2020 | $7.6M Venture Round | BNF Capital | — | Announced |
| May 1, 2019 | $10M Series B | LEE Strafford | Alma Angels, Felix Capital, Passion Capital | Announced |
| Nov 15, 2018 | $4.5M Venture Round | Seedrs | — | Announced |
| Sep 1, 2017 | $3M Series A | — | — | Announced |
| Jul 1, 2016 | $5M Series A | — | Felix Capital | Announced |
Urban has raised $30.1M in total across 5 funding rounds.
Urban's investors include BNF Capital, Lee Strafford, Alma Angels, Felix Capital, Passion Capital, Seedrs.
