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Urb-it
Sustainability-focused delivery solutions
- 101-200 employees
- B2B
- Sustainability
- Logistics
- Delivery
- Marylebone, London, UK
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Company mission
Urb-it is on a mission to transform logistics sustainably and offer green convenience in cities.
29% employee growth in 12 months
Our take
The market for inner-city deliveries is booming, due not only to the Covid-19 Pandemic encouraging people to stay at home, but also due to an increased demand amongst consumers for faster deliveries. To some extent, this market is already highly saturated, with big players able to offer same or next day delivery on many products.
Carving out a market share in this area is difficult, but Urb-it is banking on two key features of its business model to help it succeed. On the one hand, it offers delivery services to a far wider range of businesses than most other courier services, enabling it to access a greater potential market. On the other hand, its model has sustainability at its core - all its deliveries are emission free - which many climate-conscientious consumers will favour.
Its network of couriers - "The Urb-it Community" - give Urb-it significant agility, something which has allowed it to expand across the UK and France quickly. Key to its success going forward will be securing partnerships with big brands, something it has seen some success with already, pairing up with the likes of the CO-OP in London and Amazon Logistics in Paris. If it can continue to build on its early momentum, Urb-it could be well set to command a significant share of this market in the future.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Experience-dependent stock options.
- Benefits package including Vitality Health, Private Medical Insurance, Life Assurance and Income Protection.
Company values
- Service - Best Foot Forward, Every Time
- Respect - In It Together
- Determination - Looking Ahead, Thinking Ahead
Funding (last 2 of 4 rounds)
Jun 2017
$2.7m
EARLY VC
Feb 2017
$3.3m
CONVERTIBLE
Total funding: $10.1m
Leadership
Kevin Kviblad
(CEO, not founder)They worked at eBay Sweden for 7 years, holding various roles such as Head of Software Development and CPO. Joined Urb-it in 2017 as CPO, and became CEO in 2018.
People progressing
Joined as Operations and Marketing Assitant in 2017, promoted to Operations Coordinator after 1 year, then to Operations Manager after 10 months, then to Relationships Manager after 2 years, 5 months.
Joined as Operations Support Analyst in 2019, promoted after 1 year and 9 months to Operations Manager.