# Urb-it (acquired by Finmile): Logistics & supply chain, London, United Kingdom

> Urb-it (acquired by Finmile): Urb-it is a Swedish sustainable logistics and last-mile delivery company founded in 2014 and based in Stockholm.

Source: https://millionrounds.com/startup/urb-it-acquired-by-finmile (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Logistics & supply chain startup](https://millionrounds.com/companies)

# 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 reported Last round: Undisclosed round

Logistics & supply chain London, United Kingdom

Company summary

- **Founded:** 2014 12 years old
- **Team:** 58 51 to 200 people
- **Funding reported:** 15.9M as listed, currency not stated
- **Last round:** Undisclosed round Sept 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Urb-it (acquired by Finmile) has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 all **15.9M** in the source's currency

Rounds **1**

Last round **Undisclosed round**

Last round size **7M**

Last round date **Sept 2023**

Investors listed **5**

## Founders and team

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

**Rich Pleeth** Co-Founder & CEO

**Chris Sargeant** Co-Founder & COO

- **Alex Chindris** Chief Technology Officer
- **Andrei Chirila** Head of Product
- **Hiren Solanki** Head of Central Operations

## On 3 portfolio pages

Investors who name them

- [MaC Venture Capital](https://millionrounds.com/fund/mac-venture-capital)
- [Rebels Ventures](https://millionrounds.com/fund/rebels-ventures)
- [proChain Ventures](https://millionrounds.com/fund/prochain-ventures)

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 platform real-time tracking consumers distribution shipfromhub delivery ai-powered route optimization information technology & services logistics & supply chain cost savings ai logistics platform environmental services sustainability sameday delivery b2c saas

Built with from their website

Google Tag Manager LiteSpeed WordPress.org Elementor Google Workspace Viewport Meta Site Kit AI Google Meet Priority Hints

+8 more

MySQL PrimeNG Mobile Friendly Mapbox Open Graph jQuery RSS Google Analytics

- **Sector:** Logistics & supply chain
- **Industry code:** NAICS 492110, 493110, SIC 7389, 4215, 4225
- **Region:** England
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/fin)

## Logistics & supply chain in United Kingdom

Startups like it

- [**Zencargo** London · founded 2017 *Raised*](https://millionrounds.com/company/zencargo)
- [**Weengs** founded 2015 *Raised*](https://millionrounds.com/company/weengs)
- [**AnyVan** London · founded 2009](https://millionrounds.com/startup/anyvan)
- [**ARC Ride** London · founded 2020](https://millionrounds.com/startup/arc-ride-2)
- [**Logistics AI** London · founded 2020](https://millionrounds.com/startup/logistics-ai)
- [**HIVED** London · founded 2021](https://millionrounds.com/startup/hived)
- [**ITD Global** Heywood · founded 2004](https://millionrounds.com/startup/itd-global)
- [**Vector AI LTD** London · founded 2017](https://millionrounds.com/startup/vector-ai-ltd)

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