About Urban
Urban is a Retail company based in Colombo (Sri Lanka) founded in 2016. Multi-category products are retailed online by Urban. Urban has raised $13.82 thousand across 1 funding round from investors including John Keells X. Its focus areas include Horizontal E-Commerce and Retailer. Its competitors include Wow.lk, Takas and MirrorMirror.
Company details
Urban was founded in 2016 in Colombo, Sri Lanka, as an e-commerce platform in the retail sector. A range of products is provided, encompassing electronics such as smart watches, headphones, subwoofers, speakers, sound bars, cameras, and mobile phones; accessories like AirPods and Kindle books; perfumes; musical instruments; and fashion items. Operations are conducted via the domain urban.lk, serving customers in the region.
- Total Equity Funding$13.82K (USD)
in 1 rounds
- Latest Funding Round$13.82K (USD), Seed
Sep 2019
- Investors
Funding Insights of Urban
Urban has successfully raised a total of $13.82K through 1 strategic funding round. The most recent funding activity was a Seed round of $13.82 thousand completed in September 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $13,819
- Total Rounds 1
- Last Round Seed — $13,819
- First Round $13,819
(Sep 2019)
- Investors Count 1
All 1 funding rounds of Urban with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2019 | $13,819 | Seed | – | John Keells X | – |
1 investors in total: 1 institutional.
Investors in Urban
Urban has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include John Keells X.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| johnkeellsx.com |
Investor details for Urban
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Urban
2 dated milestones of Urban across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Urban is founded.
- Funding First funding round of $14K.
Competitors of Urban
Urban has 3 listed competitors in our database. They include Wow.lk, Takas and MirrorMirror.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wow.lk | 2011 | Colombo, Sri Lanka | E-commerce website in Sri Lanka | |||
| takas.lk | 2012 | Colombo, Sri Lanka | Online retailer of horizontal consumer products | |||
| mirrormirror.lk | 2013 | Colombo, Sri Lanka | Online platform for fashion, accessories, and homeware shopping with islandwide delivery. |
Detailed competitors of Urban
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Urban
Urban was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Urban is headquartered in Colombo, Sri Lanka. It is registered at Colombo, Western Province, Sri Lanka.
Urban is a funded company, having raised a total of $13.82K across 1 funding round to date. The company's 1st funding round was a Seed of $13.82K, raised on Sep 2019.
Urban was founded in 2016 in Colombo, Sri Lanka, as an e-commerce platform in the retail sector. A range of products is provided, encompassing electronics such as smart watches, headphones, subwoofers, speakers, sound bars, cameras, and mobile phones; accessories like AirPods and Kindle books; perfumes; musical instruments; and fashion items. Operations are conducted via the domain urban.lk, serving customers in the region.
Urban's top competitors include Wow.lk, Takas and MirrorMirror.
Urban has 1 investor. Key investors include John Keells X.