UrbanFootprint Closes $11.5M Series A

By StartUp City | Friday, February 14, 2020

Being the ultimate tool to understand cities - everything from where people work, live, and commute, to physical and environmental conditions, zoning, infrastructure, UrbanFootprint is becoming the top choice of both government and private businesses

FREMONT, CA: UrbanFootprint, the leading cloud-based urban intelligence planning software company, raised $11.5 million in Series A to improve its offerings and increase its customer base of urban planners, cities, and companies across the mobility, energy, and real estate sectors. Valo Ventures, a new investor, led the financing round alongside the existing investor Social Capital and a new partner, Radicle Impact.

"Businesses across every major industry realize that to succeed in cities, you need to understand them," said Joe DiStefano, CEO of UrbanFootprint. "By creating easy access to essential planning data and analyses, UrbanFootprint offers a new solution for anyone focused on cities or urban markets to build more efficiently and sustainably."

Most Promising Smart City StartupsBeing the ultimate tool to understand cities - everything from where people work, live, and commute, to physical and environmental conditions, zoning, infrastructure, UrbanFootprint is becoming the top choice of both government and private businesses. Seventy percent of the world's population is expected to live in urban areas by 2050, and in that case, by combining data, analysis, and advanced scenario planning, UrbanFootprint is improving the toolset used by urban planners to design equitable, more sustainable, and resilient communities.

"We are extremely grateful for the incredible support we've received from experienced investors, Valo Ventures, Social Capital, and Radicle Impact, who bring deep experience and purpose in creating a brighter, sustainable future for all," said Peter Calthorpe, Co-Founder of UrbanFootprint. "Their expertise will be invaluable as we continue to scale our platform and bring even more urban insights to cities, urban planners, and companies working and competing in urban markets."

Unlike traditional urban planning tools that are costly, time-consuming, and siloed, UrbanFootprints streamlines the process through a single collaborative platform. This unique platform helps to evaluate and map existing conditions, build and test future scenarios, and analyze an unparalleled array of relevant impacts. Hundreds of designers, planners, and engineers across private planning cities, firms, and businesses have already opted UrbanFootprint to leverage the power of data and analysis to build a smarter plan for resilience.

See also: Top Smart City Solution Companies

Weekly Brief