Urban Jungle raised £11.2M in a funding round to scale its UK Home insurance business and add new verticals.
May 01, 2024•over 1 year ago
Amount Raised
£11.2 Million
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.
Funding Insights
Based on industry dataVC-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