About UrbanBound
UrbanBound is a company based in Chicago (United States) founded in 2009.. UrbanBound has raised $17.52 million across 6 funding rounds from investors including Grotech Ventures, StarVest Partners and Moderne Ventures. UrbanBound offers products and services including UB Relocation Management, Candidate Travel and Expense Management, and Intern Relocation Management. UrbanBound operates in a competitive market with competitors including Topia, Tripeur, Paytrack, Teleport and Benivo, among others.
- Headquarter Chicago, United States
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Urbanbound, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$17.52 M (USD)
in 6 rounds
-
Latest Funding Round
$3.77 M (USD), Series B
Mar 10, 2020
-
Investors
Grotech Ventures
& 2 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of UrbanBound
UrbanBound offers a comprehensive portfolio of products and services, including UB Relocation Management, Candidate Travel and Expense Management, and Intern Relocation Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for managing employee moves and reducing costs.
Tool for handling candidate travel bookings and reimbursements.
Software for administering intern housing and travel expenses.
Unlock access to complete
Funding Insights of UrbanBound
UrbanBound has successfully raised a total of $17.52M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $3.77 million completed in March 2020. 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 Total Funding
- Total Rounds 6
- Last Round Series B — $3.8M
-
First Round
First Round
(23 Aug 2011)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Series B - UrbanBound | Valuation |
investors |
|
| Apr, 2016 | Amount | Series B - UrbanBound | Valuation |
investors |
|
| Sep, 2015 | Amount | Debt – Conventional - UrbanBound | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in UrbanBound
UrbanBound has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Grotech Ventures, StarVest Partners and Moderne Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage US tech startups are invested in by Grotech Ventures.
|
Founded Year | Domain | Location | |
|
Growth equity firm investing in technology-enabled B2B services in New York.
|
Founded Year | Domain | Location | |
|
Early-stage investments are provided to US tech and offline companies.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by UrbanBound
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - UrbanBound
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Urbanbound Comparisons
Competitors of UrbanBound
UrbanBound operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Topia, Tripeur, Paytrack, Teleport and Benivo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based management of mobile workforces and employee relocations is facilitated.
|
|
| domain | founded_year | HQ Location |
AI and cloud-driven corporate travel management solutions are provided.
|
|
| domain | founded_year | HQ Location |
Online expense management and reimbursement software is offered for enterprises.
|
|
| domain | founded_year | HQ Location |
Salary comparisons and relocation support are offered to candidates.
|
|
| domain | founded_year | HQ Location |
Employee mobility is managed via a cloud-based platform.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about UrbanBound
When was UrbanBound founded?
UrbanBound was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Where is UrbanBound located?
UrbanBound is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is UrbanBound a funded company?
UrbanBound is a funded company, having raised a total of $17.52M across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $1.56M, raised on Aug 23, 2011.
What does UrbanBound do?
UrbanBound was founded in 2009 in Chicago, United States, within the relocation management sector. A web-based platform is provided to assist companies in handling relocations for new hires and transfers. Employees are enabled to oversee their entire process through connections to specialized vendors, including those for moving truck rentals and realtor services. Operations focus on streamlining corporate mobility across the United States.
Who are the top competitors of UrbanBound?
What products or services does UrbanBound offer?
UrbanBound offers UB Relocation Management, Candidate Travel and Expense Management, and Intern Relocation Management.
Who are UrbanBound's investors?
UrbanBound has 3 investors. Key investors include Grotech Ventures, StarVest Partners, and Moderne Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.