Home services platform Urban Company raises $255 million at $2.1 billion valuation

Home services platform Urban Company raises $255 million at $2.1 billion valuation

3 years ago
Anonymous $LNMzUc6XNz

https://techcrunch.com/2021/06/01/home-services-platform-urban-company-raises-255-million-at-2-1-billion-valuation/

Home services marketplace Urban Company said on Wednesday it has raised $255 million in a new financing round and confirmed a valuation of $2.1 billion, joining over a dozen other startups in India that have earned the unicorn status this year.

The new financing round — a Series F — was led by Prosus Ventures, Dragoneer and Wellington Management, while Vy Capital, Tiger Global and Steadview participated in it. The Gurgaon-headquartered startup said* the new round features a primary capital infusion of $188 million while the rest is a secondary sale by some angel and other early investors. The startup has raised about $470 million to date.

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