About Urban Jungle
Urban Jungle provides insurance solutions tailored for a new generation, focusing on straightforward and transparent coverage options. Their products are designed to give clients confidence in their financial future by offering clear and fair insurance policies. Unlike many traditional insurance companies, Urban Jungle emphasizes social responsibility and environmental performance, as evidenced by their certification as a B Corp. This means they adhere to high standards of accountability and transparency in their operations. The company generates revenue through policy premiums while aiming to deliver real value to their clients.
London, United KingdomHeadquarters
2016Year Founded
$55.9MTotal Funding
SERIES_ACompany Stage
Social Impact, Financial ServicesIndustries
51-200Employees
Risks
Increased competition from similar insurtech companies may dilute market share.
Reliance on AI could lead to algorithmic bias, affecting customer fairness.
Partnership with PJ Hayman & Co. may risk reputation if service expectations aren't met.
Differentiation
Urban Jungle offers both home and travel insurance, a unique multi-line approach.
The company uses AI and machine learning to optimize pricing and detect fraud.
Urban Jungle is a certified B Corp, emphasizing social and environmental responsibility.
Upsides
Expansion into travel insurance broadens customer base and diversifies revenue streams.
Recent £11.2M funding supports growth in home insurance and new verticals.
New branding appeals to younger consumers prioritizing transparency and ethics.
Funding
Total raised$55.93 M
Latest valuation$82.50 M
StageSERIES_A
SERIES A
3/31/2024$15
$82.50 M$11
$40.00 MANGEL
12/31/2017$1
$5.00 M