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Urban Jungle raised £11.2M in a funding round to scale its UK Home insurance business and add new verticals.

May 01, 2024over 1 year ago

Amount Raised

£11.2 Million

United KingdomFinancial Services

Investors

Rob DeveySony Innovation FundEka VenturesMundi VenturesIngka InvestmentsIntact Ventures

Description

Insurtech startup Urban Jungle has raised £11.2M in its latest funding round to continue to rapidly scale its UK Home insurance business, add new verticals, and continue to hire.

Company Information

Company

Urban Jungle

Location

United Kingdom

About

The firm will use the Series A investment to scale its UK home insurance business and expand into new markets. Urban Jungle is a home insurance provider for renters and homeowners.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech