United Kingdom · Logistics & supply chain startup

Urb-it (acquired by Finmile)

Urb-it is a Swedish sustainable logistics and last-mile delivery company founded in 2014 and based in Stockholm.

Funding reportedLast round: Undisclosed round

Logistics & supply chainLondon, United Kingdom

About Urb-it (acquired by Finmile)

Urb-it is a Swedish sustainable logistics and last-mile delivery company founded in 2014 and based in Stockholm.

It operates across the UK, France, and other European cities, focusing on urban last-mile delivery for e-commerce, retail, and on-demand services. The company utilizes foot, bike, and e-cargo fleets, including cargo bikes and bicycles, to provide same-day and next-day parcel delivery while prioritizing sustainability and emission reduction. Urb-it offers end-to-end last-mile delivery services, customer-facing delivery tools, and API integration to connect online and physical stores with its delivery network. Its MyDelivery platform enhances the delivery experience with features like tracking and flexible scheduling. The company serves a diverse customer base, including e-commerce businesses, high-end brands, and various retailers. Urb-it is also a certified B Corporation, highlighting its commitment to social and environmental impact.

What company datasets say Urb-it (acquired by Finmile) raised

Funding, as reported

Reported in all15.9Min the source's currency
Rounds1
Last roundUndisclosed round
Last round size7M
Last round dateSept 2023
Investors listed5

Founders and team

From Urb-it (acquired by Finmile)'s own website: 2 founders, 3 on the team.

Rich PleethCo-Founder & CEO
Chris SargeantCo-Founder & COO
  • Alex ChindrisChief Technology Officer
  • Andrei ChirilaHead of Product
  • Hiren SolankiHead of Central Operations

On 3 portfolio pages

Investors who name them

Each firm lists Urb-it (acquired by Finmile) on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

logistics management platformreal-time trackingconsumersdistributionshipfromhubdeliveryai-powered route optimizationinformation technology & serviceslogistics & supply chaincost savingsai logistics platformenvironmental servicessustainabilitysameday deliveryb2csaas

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Sector
Logistics & supply chain
Industry code
NAICS 492110, 493110, SIC 7389, 4215, 4225
Region
England
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Logistics & supply chain in United Kingdom

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