# Urbint

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/urbint

- Industry: Software
- Headquarters: Miami, US
- Website: www.urbint.com
- Total disclosed funding: $71M
- Latest round: Series C (Aug 24, 2021)
- Investors on record: 11

## About

Founded in 2015 in Miami, US, Urbint, Inc. focuses on providing advanced safety solutions without any mention of pivots or changes in operations. The company was co-founded by Corey Capasso, Josh Troy, and Robert Bremmer. Bill Staniford currently serves as CEO. Urbint has successfully raised a total of USD 35.00 mn, with its latest funding round being a GROWTH round led by S2G Ventures, along with participation from Blue Bear Capital, Climate Investment, Energize Capital, National Grid Partners, and Zoma Capital. Urbint has completed a total of 9 deals to date.

Urbint primarily offers AI-driven solutions designed to enhance safety and incident prevention within the energy, telecommunications, and infrastructure sectors. Their core platform identifies potential threats and risks associated with excavations and natural disasters, allowing businesses to proactively manage safety hazards that could lead to worker injuries or asset damage. The platform processes real-world data and leverages artificial intelligence to assess risks several days in advance, enabling companies to take timely preventive actions. Urbint serves a diverse client base, including gas utilities, electric utilities, telecom companies, and oil and gas firms, primarily in the US, with key geographical markets extending beyond their Miami Beach headquarters to states like New York and Michigan.

Urbint's revenue model is structured around subscription-based services offered to utility providers and infrastructure companies. Clients engage with Urbint through long-term partnerships, subscribing to the platform for ongoing access to its safety and risk management tools. Revenue is generated primarily through these subscription fees, which vary based on the scale and specific needs of the clients' operations. The company’s offerings encompass flagship products designed for worker safety, emergency preparedness, and damage prevention, facilitating seamless integration within clients’ existing workflows. As Urbint continues to grow, their revenue is supported by a commitment to innovation and expanding service capabilities within the industries they serve.

Urbint plans to leverage recent funding to support the development of new products aimed at enhancing their platform's capabilities, although specific details on upcoming releases have not been disclosed. The company is also exploring opportunities to expand into additional markets, with a focus on increasing their presence in North America. Recent funding raised from Petronas Ventures will aid in these expansion efforts and product development initiatives.

## Funding rounds

- Series C, Aug 24, 2021, $51M — American Electric Power, Salesforce Ventures, Energy Impact Partners, Blue Bear Capital, Energize Capital, Oil and Gas Climate Initiative, National Grid Partners
- Series B, Jun 18, 2020, $20M — Salesforce Ventures, Energy Impact Partners, National Grid Partners, Piva
- Series A, Oct 4, 2018 — MetaProp
- Series A, Jan 1, 2017 — Third Sphere, Energy Impact Partners, MetaProp, Fifth Wall Ventures

## Investors

- Third Sphere (https://capitalatlas.ai/funds/third-sphere) — Series A
- Energy Impact Partners (https://capitalatlas.ai/funds/energy-impact-partners) — Series A, Series B, Series C
- MetaProp (https://capitalatlas.ai/funds/metaprop) — Series A
- Fifth Wall Ventures (https://capitalatlas.ai/funds/fifth-wall-ventures) — Series A
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series B, Series C
- National Grid Partners (https://capitalatlas.ai/funds/national-grid-partners) — Series B, Series C
- Piva (https://capitalatlas.ai/funds/piva) — Series B
- American Electric Power — Series C
- Blue Bear Capital (https://capitalatlas.ai/funds/blue-bear-capital) — Series C
- Energize Capital (https://capitalatlas.ai/funds/energize-capital) — Series C
- Oil and Gas Climate Initiative — Series C