Urban Company has raised $255 million in a Series F round at a valuation of $2.1 billion. This includes a primary capital infusion of $ 188 million and a secondary sale of approximately $67 million by select angels and early investors.
The round was led by Prosus Ventures, Dragoneer, and Wellington Management, with participation from Vy Capital, Tiger Global, and Steadview.
Urban Company will use the funding for growth initiatives that include internal innovation, as well market expansion both in India and abroad.