UrbanFootprint Raises $25M in Series B Funding

UrbanFootprint, BerkeleyUrbanization in CA IntelligencePlatform raised $25 million in Series B funding.

TheRound was led by Citi(via its Citi Ventures(SPRINT groups and Social CapitalParticipation starting at 2150, A/O PropTech Assured Guaranty, Dcode Capital, Valo Ventures Radicle Impact.

TheThe company plans to use the funds for the deployment of this new capital to accelerate climate and community intelligence delivery to the energy, government and finance sectors.

LedBy Joe DiStefano, Co-FounderCEO UrbanFootprintCompiles, maps and analyzes thousands previously-siloed data point covering climate, land use economic, and social conditions. They are connected to a proprietary canvas consisting of 160 million land parcels that cover almost every inch of the territory. United States. CustomersThe sector-specific data products and mapping software can be used to quickly evaluate the existing conditions across hundreds if community, social, or environmental metrics. They can also measure and map market risks and opportunities and prioritize where investments and interventions should be made.

FinSMEs

18/05/2022

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