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Urbanfootprint Raises $25 Million Series B To Expand Urban Intelligence Platform That Enables Better Decision-Making On Critical Infrastructure Investments

May 18, 2022•about 3 years ago

Amount Raised

$25 Million

Round Type

series b

Berkeley

Description

UrbanFootprint, the world’s first Urban Intelligence platform, today announced that it has raised a $25 million Series B funding round led by Citi (via its Citi Ventures and SPRINT groups) and Social Capital, an early investor in UrbanFootprint. 2150, A/O PropTech, Assured Guaranty, and Dcode Capital joined as new investors. Previous investors Valo Ventures and Radicle Impact also participated in the round. UrbanFootprint will deploy this new capital to accelerate the delivery of climate and community intelligence to the energy, government, finance, and real estate sectors.

Company Information

Company

Urban Footprint

Location

Berkeley, California, United States

About

UrbanFootprint is the world's first urban intelligence platform — a comprehensive urban, climate, and community resilience data system that serves mission-critical insights to the institutions that are rebuilding, financing, and insuring the world's physical and social infrastructure. UrbanFootprint’s data and web-based geospatial software unifies previously siloed climate, environmental, urban, socio-economic, and customer data and helps governments, utilities, financial institutions, and urban planners answer fundamental resource questions — where to invest, where to deploy resources, and where to optimize for risk, return, resilience, and community. In 2022, UrbanFootprint was named to both the Fast Company’s Most Innovative Companies list and the GovTech 100 list for the second year in a row, and in 2021 was also awarded Inc.’s Best in Business Awards and Fast Company’s Innovation by Design Awards. Visit: https://urbanfootprint.com/

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