Urban Innovation Fund
San Francisco, California, United StatesFounded 2016
The Urban Innovation Fund is a venture capital firm that invests in pre-seed and seed-stage startups focused on enhancing the livability, sustainability, and economic vitality of cities. Their strategy involves providing capital and regulatory support to entrepreneurs addressing urban challenges in sectors such as transportation, energy & sustainability, regulatory tech, proptech, edtech, fintech, and public safety.
38% of their portfolio is in Fintech. Their most common stage is seed (48% of deals). Average disclosed round size is $27.4M (across 20 rounds with reported amounts).
Portfolio
21
Fund Size
$215M
Top Stage
Seed
Last 12 Mo
2
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
21 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Variance | Series A | $21.5M | Apr 2026 |
 Allocate | Series B | $30M | Sep 2025 |
 Ethic | Series D | $64M | Apr 2025 |
| TTestParty | Seed | $4M | Jun 2024 |
 Byterat | Seed | $4M | Oct 2023 |
 SOLARCYCLE | Series A | $30M | Mar 2023 |
 Ferrum Health | Seed | $6M | Jan 2023 |
 Kyte | Series B | $60M | Nov 2022 |
| Ethic | Series C | $50M | Sep 2022 |
| Allocate | Series A | $15.3M | May 2022 |
 Jeeves | Series C | $180M | Mar 2022 |
| Kyte | Series A | $30M | Oct 2021 |
 Dataships | Seed | $2.6M | Sep 2021 |
| Allocate | Seed | $5M | Jul 2021 |
 Joyride | Seed | $3.7M | Jun 2021 |
| Jeeves | Series A | $26M | Jun 2021 |
 Malloc | Seed | $2M | — |
| SOLARCYCLE | Seed | $6.6M | — |
 Stell | Seed | $4M | — |
 Intrinsic | Seed | $3.1M | — |
 Popl | Unknown | — | — |
Top Co-Investors
Y Combinator5 shared
Anthemis3 shared
Closed Loop Partners2 shared
DNS Capital2 shared
1984 Ventures2 shared
Nexus Venture Partners2 shared
Tusk Ventures2 shared
Fika Ventures2 shared
Basis Set Ventures2 shared
Broadhaven2 shared
Andreessen Horowitz2 shared
Clocktower Technology Ventures2 shared
Stanford University2 shared
645 Ventures2 shared
Okta2 shared
UBS1 shared
Oak HC/FT1 shared
Nyca1 shared
Sound Ventures1 shared
Kapor Capital1 shared
Last updated: 15 April 2026