# Urban Umbrella Enterprises

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/urban-umbrella-enterprises

- Industry: Construction
- Headquarters: New York, US
- Website: www.urbanumbrella.com
- Total disclosed funding: $1.5M
- Latest round: Seed (Dec 1, 2016)
- Investors on record: 3

## About

Urban Umbrella Enterprises LLC provides innovative scaffolding solutions that enhance urban environments. Their signature product, the Urban Umbrella, offers a stylish alternative to traditional scaffold systems, prioritizing safety and design in urban settings.Urban Umbrella Enterprises LLC, founded in 2016 in New York, US, specializes in modern scaffolding solutions. The company has completed 9 deals, with its most recent funding round occurring on January 11, 2022. This round, led by Anthos Properties, raised USD 6.5 mn in Venture Debt, bringing the total amount raised to USD 7.00 mn. Benjamin Krall serves as both the CEO and the founder of the company, which operates in various cities, including New York City, Chicago, Toronto, and Miami.Urban Umbrella® specializes in innovative scaffolding solutions designed to replace traditional sidewalk scaffolding and overhead protection. Their flagship product, the Urban Umbrella, is the sole city-approved alternative, characterized by its graceful and stylish design that enhances urban aesthetics while providing safety and protection. The company also offers modular event staging, pipe scaffolding, and roadway restaurant canopies compliant with the latest municipal codes as part of the Dining Out NYC initiative. Urban Umbrella's products primarily serve developers, property owners, property managers, brands, and contractors across diverse markets, currently operational in nineteen cities throughout the United States and Canada.The revenue model of Urban Umbrella® is structured around direct business-to-business transactions with clients in the construction and event planning industries. These transactions involve the rental or purchase of scaffolding systems and related services, with clients engaging Urban Umbrella for both short-term and long-term projects. The company’s revenue streams are generated from contracts that encompass urban scaffolding solutions and modular staging, ensuring compliance with local regulations. The company's reputation for quality and city-approved designs positions it favorably within the market, catering to high-profile developers and contractors.Following the most recent deal on January 11, 2022, where Urban Umbrella Enterprises LLC raised USD 6.5 mn in venture debt funding, the company plans to use this capital to accelerate production capacity, expand into secondary markets, and deepen its presence in New York City. The company is focusing on developing new products to further enhance its offerings.

## Funding rounds

- Seed, Dec 1, 2016, $1.5M — Red Bear Angels Management, Chasella, Green Egg Ventures

## Investors

- Red Bear Angels Management — Seed
- Chasella (https://capitalatlas.ai/funds/chasella) — Seed
- Green Egg Ventures (https://capitalatlas.ai/funds/green-egg-ventures) — Seed