On-demand wellness app Urban closes $10m Series B

May 16, 2019 · uktech.news

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London-based wellness services app Urban has raised $10m to double down on its mission of empowering city-dwellers to prioritise their wellbeing.

The round was led by patient venture investor, Accelerated Digital Ventures (ADV), and it will enable Urban to accelerate towards its goal of becoming a one-stop shop for on-demand wellness services. Existing investors Passion Capital and Felix Capital also participated. This latest round of investment comes at a time when the company is nearing profitability.

To support the expansion, Urban is in the process of recruiting a team of 30 engineers in Lithuania.

"Our new Vilnius office will be instrumental in helping to evolve our service," said Giles Williams, co-founder and CTO of Urban. "The Lithuania team will work on all aspects of our marketplace platform, including its award-winning client apps, practitioner business software, corporate offering and data science projects."

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