About Urbanic
Urbanic is a company based in London (United Kingdom) founded in 2019 by Rahul Dayama and James Wellwood.. Urbanic has raised $160 million across 2 funding rounds from investors including Nexus Venture Partners, Mirabaud AM and JAM Fund. Urbanic operates in a competitive market with competitors including Bewakoof, Cider, Hopscotch, Everlane and True Religion Apparel, among others.
- Headquarter London, United Kingdom
- Founders Rahul Dayama, James Wellwood
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Urbanic (London) Limited
- Date of Incorporation 29 Jun, 2021
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$160 M (USD)
in 2 rounds
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Latest Funding Round
$150 M (USD), Series C
Nov 15, 2023
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Investors
Nexus Venture Partners
& 4 more
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Employee Count
Employee Count
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Funding Insights of Urbanic
Urbanic has successfully raised a total of $160M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $150 million completed in November 2023. 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 2
- Last Round Series C — $150.0M
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First Round
First Round
(30 Mar 2020)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Series C - Urbanic | Valuation | Mirabaud AM , JAM Fund | |
| Mar, 2020 | Amount | Series A - Urbanic | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Urbanic
Urbanic has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Nexus Venture Partners, Mirabaud AM and JAM Fund. 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 |
|---|---|---|---|---|
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Venture capital fund investing in multiple sectors
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Founded Year | Domain | Location | |
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Venture capital firm that partners with entrepreneurs for product-first companies.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Urbanic
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Urbanic
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Urbanic Comparisons
Competitors of Urbanic
Urbanic 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 Bewakoof, Cider, Hopscotch, Everlane and True Religion Apparel, 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 |
Multi-category fashion products are sold by an internet-first brand.
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| domain | founded_year | HQ Location |
Apparel for women is provided by an internet-first brand.
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| domain | founded_year | HQ Location |
Programming is facilitated for children via drag-and-drop code blocks.
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| domain | founded_year | HQ Location |
Multi-category fashion products are offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Internet first brand of fashion apparel wear for men and women
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| domain | founded_year | HQ Location |
Multi-category fashion products are offered online for men and women.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Urbanic
Frequently Asked Questions about Urbanic
When was Urbanic founded?
Urbanic was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Urbanic located?
Urbanic is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Urbanic?
James Wellwood is the current CEO of Urbanic. They have also founded this company.
Is Urbanic a funded company?
Urbanic is a funded company, having raised a total of $160M across 2 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Mar 30, 2020.
What does Urbanic do?
Urbanic was founded in 2019 and is headquartered in London, United Kingdom. As an internet-first brand in the fashion sector, it provides a range of apparel for women, including loungewear, tops, crop tops, jeans, and dresses such as A-line, shirt, wrap, bodycon, and sheath styles. The shopping application is accessible on iOS and Android platforms, supporting multi-category purchases.
Who are the top competitors of Urbanic?
Urbanic's top competitors include True Religion Apparel, Cider and Everlane.
Who are Urbanic's investors?
Urbanic has 5 investors. Key investors include Nexus Venture Partners, Mirabaud AM, JAM Fund, Sequoia Capital, and D1 Capital Partners.