About Urbvan
Urbvan is a company based in Mexico City (Mexico) founded in 2016 by Joao Matos Albino and Renato Picard was acquired by Kolors in September 2023.. Urbvan has raised $9.91 million across 3 funding rounds from investors including Swvl, Kolors and Kaszek. Urbvan offers products and services including Corporate Shuttles and Vehicle Rentals. Urbvan operates in a competitive market with competitors including Bussi, Vanana, ABE by A Bordo Express, Great Transfers and TIIM, among others.
- Headquarter Mexico City, Mexico
- Founders Joao Matos Albino, Renato Picard
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Products & Services of Urbvan
Urbvan offers a comprehensive portfolio of products and services, including Corporate Shuttles and Vehicle Rentals. 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.
App for optimizing employee transport routes and reducing costs.
Platform to rent vehicles for group travel and convenience.
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Funding Insights of Urbvan
Urbvan has successfully raised a total of $9.91M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $9 million completed in August 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 Total Funding
- Total Rounds 3
- Last Round Series A — $9.0M
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First Round
First Round
(17 Jul 2017)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2019 | Amount | Series A - Urbvan | Valuation | Kaszek , Angel Ventures | |
| Dec, 2017 | Amount | Grant - Urbvan | Valuation |
investors |
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| Jul, 2017 | Amount | Seed - Urbvan | Valuation | Mountain Nazca , DILA Capital |
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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 Urbvan
Urbvan has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Swvl, Kolors and Kaszek. 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 investments are directed toward multiple sectors by Kaszek.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Urbvan
| 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 - Urbvan
| 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 |
Urbvan Comparisons
Competitors of Urbvan
Urbvan 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 Bussi, Vanana, ABE by A Bordo Express, Great Transfers and TIIM, 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 |
An app-based platform for on-demand shuttle services.
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| domain | founded_year | HQ Location |
Operates an app-based platform providing shuttle services for universities and companies.
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| domain | founded_year | HQ Location |
An online platform offering convenient shuttle services for passengers.
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| domain | founded_year | HQ Location |
Provides dependable airport transfers in London for on-time and comfortable journeys.
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| domain | founded_year | HQ Location |
Operates an app-based platform for convenient shuttle services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Urbvan
Frequently Asked Questions about Urbvan
When was Urbvan founded?
Urbvan was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Urbvan located?
Urbvan is headquartered in Mexico City, Mexico.
Is Urbvan a funded company?
Urbvan is a funded company, having raised a total of $9.91M across 3 funding rounds to date. The company's 1st funding round was a Seed of $909.68K, raised on Jul 17, 2017.
What does Urbvan do?
Urbvan was founded in 2016 in Mexico City, Mexico, as an app-based shuttle aggregator in the transportation sector. Shared van rides are facilitated through the platform, where bookings are made by users providing details. Real-time tracking, insured services, on-board Wi-Fi, and surveillance cameras are included among features. The application is available on iOS and Android devices.
Who are the top competitors of Urbvan?
Urbvan's top competitors include Bussi, Vanana and ABE by A Bordo Express.
What products or services does Urbvan offer?
Urbvan offers Corporate Shuttles and Vehicle Rentals.