Recent Funding
Investors
Urban Innovation Fund

Urban Innovation Fund portfolio

Urban Innovation Fund has 10 portfolio companies on record at Recent Funding, with 1 investment in the last 12 months.

Type: Investor.

Portfolio on Recent Funding: 10.

Deals, last 12 months: 1.

Capital in their rounds: $408M.

Latest deal: Pennant · Oct 20, 2026.

About this page

Its most recent investment on record is Pennant's $5M Seed round in October 2026. By category, its portfolio leans toward Data and analytics (2) and Commerce and retail (2). It has co-invested with Sound Ventures, Nyca Partners and Kapor Capital, most often Sound Ventures (3 rounds).

What Urban Innovation Fund invests in

Data and analytics · 2 · 20%
Commerce and retail · 2 · 20%
Climate and energy · 2 · 20%
Consumer and social · 2 · 20%
Health and bio · 2 · 20%
Foundation models and research · 1 · 10%
Fintech · 1 · 10%
Real estate and construction · 1 · 10%

Urban Innovation Fund recent investments

Company	Round	Date	Alongside
PPennant	Seed · $5M	Oct 20, 2026	none named
EEthic	Series B+ · $50M	Sep 14, 2022	Sound Ventures, Jordan Park (lead), ONE WORLD Impact Investments LLC +5
JJeeves	Series B+ · $180M	Mar 22, 2022	First Citizens Innovation Banking, Haven Ventures, Spike Ventures +6
JJeeves	Series A · $131M	Jun 4, 2021	YC Continuity, Wollef Ventures, Stanford University +7
EEthic	Series B+ · $29M	Mar 30, 2021	Sound Ventures, Oak HC/FT (lead), Fidelity +6
EEthic	Series A · $13M	Jul 18, 2019	Sound Ventures, Fidelity, Thirdstream Partners +6

How Urban Innovation Fund invests

Stage	Deals	Capital in rounds
Series B+	3 50%	$259M
Series A	2 33%	$144M
Seed	1 17%	$5M

Year	Deals	Capital in rounds
2019	1 17%	$13M
2021	2 33%	$160M
2022	2 33%	$230M
2026	1 17%	$5M

Urban Innovation Fund portfolio companies

PPennant$5MSeed · Oct 2026
EEthic$50MSeries B+ · Sep 2022
JJeeves$180MSeries B+ · Mar 2022
SSentbacker
SSolarcyclebacker
VValor Water Analyticsbacker
LLocal Bushelbacker
SStop, Breathe & Thinkbacker
PPlennabacker
VVariancebacker

Company	Round with Urban Innovation Fund	Total raised	Latest raise
PPennant Foundation models and research	Oct 20, 2026 Seed · $5M	$5M	Oct 20, 2026 Seed
EEthic Fintech	Sep 14, 2022 Series B+ · $50M	$156M	Apr 3, 2025 Series B+
JJeeves Stablecoins	Mar 22, 2022 Series B+ · $180M	$421M	Sep 29, 2026 Series B+
SSent Sales and marketing	backer	$15.55M	Jul 28, 2026 Series A
SSolarcycle Climate and energy	backer	$37M	Nov 2, 2024 Series B+
VValor Water Analytics Climate and energy	backer	undisclosed	—
LLocal Bushel Commerce and retail	backer	undisclosed	—
SStop, Breathe & Think Health and bio	backer	undisclosed	—
PPlenna Health and bio	backer	undisclosed	—
VVariance AI agents	backer	$500K	Apr 10, 2026 Series A

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (Data and analytics).

How this is counted

Share is of the 6 rounds on Recent Funding that name Urban Innovation Fund. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio companies are the companies on Recent Funding with a round that lists Urban Innovation Fund, which is a subset of its real portfolio. API: /api/v1/investors/urban-innovation-fund (get a free API key). More: the most active VC firms and new venture capital funds.