Urban Jungle Raises $14M in Funding to Enhance Technology, Expand Marketing, and Attract Talent

Urban Jungle Raises $14M in Funding

Key Highlights:

• Funding Round: Urban Jungle, an insurance technology startup, raised $14M in funding.
• Investors: Backers included Intact Ventures, Ingka Investments, Mundi Ventures, Eka Ventures, and Sony Innovation Fund, as well as angel investors.
• Total Funding: This funding round brings the total amount raised by Urban Jungle to $55M.

Urban Jungle's Target Market

• Target Market: Renters and homeowners in the UK seeking affordable and accessible home insurance.
• Insurance Technology Consumers: Individuals interested in leveraging technology to simplify and optimize their insurance experience.
• Young Professionals and Digital Natives: Tech-savvy individuals who prefer online services and value convenience.

What Urban Jungle Needs to Buy

• Technology and AI Solutions: Partnerships with technology providers to enhance fraud detection and improve customer experience through AI and machine learning.
• Marketing and Branding Services: Agencies specializing in marketing and branding to expand Urban Jungle's reach and attract new customers.
• Talent Acquisition: Recruitment agencies to assist in hiring new employees as the company continues to scale and expand.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.