Urb-it Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 117

Employees

  • Latest Deal Type
  • M&A

  • Investors
  • 2

Urb-it General Information

Description

Urb-it AB is a logistics company that provides services for green parcel deliveries with cargo bikes and bicycles. Customers are found in a number of sectors, with a main focus on the e-commerce market. The business is run through subsidiaries in France and the United Kingdom.

Contact Information

Website
www.urb-it.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • Kungsgatan 44
  • 111 35 Stockholm
  • Sweden
Primary Industry
Logistics
Acquirer
Corporate Office
  • Kungsgatan 44
  • 111 35 Stockholm
  • Sweden

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Urb-it Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Merger/Acquisition 23-Jan-2024 Completed Generating Revenue
9. Bankruptcy: Admin/Reorg 07-Dec-2023 Completed Generating Revenue
8. PIPE 27-Sep-2022 Completed Generating Revenue
7. PIPE 19-Nov-2021 Completed Generating Revenue
6. PIPE 27-Oct-2021 Completed Generating Revenue
5. PIPE 03-Dec-2020 Completed Generating Revenue
4. IPO 07-Jul-2017 Completed Generating Revenue
3. Early Stage VC 14-Jun-2017 Completed Startup
2. Seed Round 09-Dec-2015 $4.59M $10M Completed Startup
1. Angel (individual) $5.4M $5.4M Completed Startup
To view Urb-it’s complete valuation and funding history, request access »

Urb-it Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Ordinary
To view Urb-it’s complete cap table history, request access »

Urb-it Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Urb-it Former Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds
Ilija Batljan Invest Corporation Minority
Ingka Investments Infrastructure Minority
Skandia Corporation Minority
Swedbank Robur Asset Manager Minority
Zenith Group Venture Capital Minority
To view Urb-it’s complete investors history, request access »

Urb-it ESG

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

Rank

Percentile

Software & Services

Industry

Rank

Percentile

Internet Software and Services

Subindustry

Rank

Percentile

To view Urb-it’s complete esg history, request access »

Urb-it Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Urb-It France Paris, France 2020

Urb-it FAQs

  • When was Urb-it founded?

    Urb-it was founded in 2014.

  • Where is Urb-it headquartered?

    Urb-it is headquartered in Stockholm, Sweden.

  • What is the size of Urb-it?

    Urb-it has 117 total employees.

  • What industry is Urb-it in?

    Urb-it’s primary industry is Logistics.

  • Is Urb-it a private or public company?

    Urb-it is a Private company.

  • What is Urb-it’s current revenue?

    The current revenue for Urb-it is .

  • How much funding has Urb-it raised over time?

    Urb-it has raised $67.2M.

  • Who are Urb-it’s investors?

    Ilija Batljan Invest, Ingka Investments, Skandia, Swedbank Robur, and Zenith Group have invested in Urb-it.

  • When was Urb-it acquired?

    Urb-it was acquired on 23-Jan-2024.

  • Who acquired Urb-it?

    Urb-it was acquired by Finmile.

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