Urban Jungle Services Ltd.

Urban Jungle Services Ltd. is a UK-based insurance provider specializing in customizable home insurance solutions designed to enhance user experience and transparency. Urban Jungle Services Ltd. is focused on providing tailored home insurance solutions.

Founded in 2016 and headquartered in London, UK, the company has successfully completed a total of 8 funding deals. The latest Series A funding round raised GBP 11. 16 mn on December 13, 2023, from investors including Sony Ventures, Eka Ventures, Mundi Ventures, Ingka Investments, and Intact Ventures. The total amount raised by the company stands at GBP 11.

16 mn, with a current valuation of GBP 87. 455 mn. The founders of Urban Jungle are Greg Smyth and Jimmy Williams, with Jimmy Williams currently serving as CEO. Urban Jungle Insurance offers a streamlined platform for home insurance, enabling customers to customize their coverage according to personal requirements.

The service includes protection against risks such as fire, theft, vandalism, storms, and household leaks, complemented by optional add-ons for accidental damage during moving. The company primarily serves homeowners and renters within the UK, with over 100,000 customers and more than 10,000 positive reviews on Trustpilot. It holds B Corp certification and is recognized as a carbon-neutral entity, appealing to environmentally conscious consumers. In the most recent fiscal year 2024, Urban Jungle Insurance reported revenue of GBP 26.

23 mn and an EBITDA of GBP -8. 99 mn. The company's revenue model is direct-to-consumer, based on user subscriptions for customized home insurance policies, allowing clients to receive tailored quotes through a user-friendly platform. In December 2023, Urban Jungle Services Ltd.

raised GBP 11. 16 mn in Series A funding to scale its home insurance business, introduce new verticals, and expand its team. The company is focused on launching several new products aimed at enhancing its service offerings and plans to enter additional markets, although specific regions have not been disclosed. The recent funding will support these growth initiatives as Urban Jungle seeks to strengthen its market presence.