Urbify secures new financing round

The logistics start-up Urbify is pleased to announce the conclusion of a further financing round. New investor CirCap supports expansion and the use of AI-driven technology

Berlin, June 26, 2024 - Logistics startup Urbify has closed another significant financing round. After a successful 2023, which saw revenue growth of over 125%, Urbify has gained institutional investor CirCap as a new partner.

New investor supports further growth

CirCap, known for its extensive market expertise, is supporting Urbify in its next growth phase. The investment will help to increase service coverage and promote the market entry of Urbify's AI-driven software platform.

Urbify's platform represents the long overdue transformation in the German-speaking delivery market

Ralf Huep, founding partner of CirCap

Urbify uses technology to revolutionize same-day and next-day logistics. With CirCap's support, the company plans to further expand its premium delivery service. Urbify's exceptional team is a key contributor to the company's success and innovation.

Thanks to all involved

The Urbify team would like to thank everyone involved, including Ralf Huep, Lukasz Golebiewski, Richard Hoeft and Daniel Grisar, for their invaluable contributions and support. Urbify remains committed to transforming the logistics industry through innovative technology solutions.

No details on the amount

The exact amount of the financing round was not disclosed. However, stakeholders emphasized that the investment is of strategic importance for Urbify's continued growth and technological development.

Previous reporting

In 2023, we last reported on our start-up platform Startbase about exciting personnel developments at Urbify. The company continues to make impressive progress and remains an interesting player in the logistics industry.