Portfolio

“The Urban Innovation Fund has gone well beyond what you would expect from a seed investor and, most importantly, they always do what they say they will, which is a rare quality in our industry.”

— Samir Kaji, Allocate co-founder & CEO

HIGHLIGHTS

Ethic

Helping investors align their values and financial goals. The Urban Innovation Fund invested in Ethic’s Seed round and has continued investing in every round through its $50M Series C. In 2025, Ethic announced its $64M Series D led by State Street.

Electriphi

Accelerating electric vehicle adoption at commercial scale. Electriphi was acquired by Ford 1.5 years after the Urban Innovation Fund led its Seed round. It now serves as the backbone of the Ford Pro fleet management offering.

Jeeves

Building the first global business bank. The Urban Innovation Fund led Jeeves’ Seed round and has continued investing in every round through its $180M Series C from Tencent, A16Z, and CRV.

Numen

Increasing access to high quality, low-cost cancer screening. The Urban Innovation Fund led Cleancard’s Seed round and backed it through every funding round, including its recent $18M Series A from TQ Ventures and Y Combinator.

Solarcycle

The largest solar panel recycler on the planet. The Urban Innovation Fund led Solarcycle’s Seed round and backed it through every funding round, including its $35M Series B from Fifth Wall, Heritage Group, Microsoft & Prologis.

Allocate

Bringing transparency to the private markets.The Urban Innovation Fund invested in Allocate’s Seed and Series A rounds. In 2025, Allocate announced its $30M Series B from Portage and A16Z.

Portfolio (1-28)

Allocate

Modernizing private market investing

ApplyDesign

Virtual staging made easy

Avela

Education search, admissions, and enrollment software

BookNook

A high-impact tutoring platform

Builders Patch

Financing for affordable housing and multifamily construction

Bundle

An all-in-one procurement tool for construction teams

Chief AI

AI platform powering the world's leaders

Civic IQ

Bloomberg for government data

ClimateWells

Permanent, local carbon credits

codeSpark

Teaching kids to code (acquired by BEGiN)

Codi

The operating system for commercial real estate

Coinrule

Empowering retail investors with automated trading

Commenda

A global tax & compliance platform for cross-border companies

Dataships

A consent optimization & compliance platform for e-commerce businesses

DropCountr

Water utility communication tools (acquired by Hearst Communications)

Electriphi

Software to power electric fleets (acquired by Ford)

Ethic

Delivering personalized, values-aligned, and tax-smart investing

Exante

Autonomous collections agents

Fabrica

Digital real estate transactions

Ferrum

An AI orchestration platform for healthcare

Finli

Digital payments platform for small businesses

Infilla

Faster entitlements & permitting

Ivy Invest

Endowment-style investing for everyone

Jeeves

The stablecoin native financial OS for global enterprises

Jiffy

On-demand home services (acquired by Intact Financial Services)

Joyride

The all-in-one software platform to power lightweight vehicle fleets

KarmaSuite

Financial tools for the nonprofit industry

Keygraph

An application security platform for large, secure enterprises

Portfolio (29-56)

Koshy

An engineering knowledge platform

Listening

Turning textbooks and academic papers into audio

Local Bushel

Logistics software for farm produce (acquired by Hudson Valley Harvest)

Maihem

Turn any robot into an expert welder

Malloc

Data privacy for everyday people

Mason AI

AI-native CAD software

McMullen

An e-commerce brand that supports emerging fashion entrepreneurs

Milk Stork

Getting breast milk where it needs to go

Mogul

Helping musicians understand their business and find lost revenue

Monterra

Building the design-sales platform for the built world

Moritz

An AI-native commercial law firm

Numen

Rapid and reliable at-home cancer testing

Ohm AI

Accelerating engineering and testing of complex hardware

Optiwatt

A smart charging app for electric vehicles

Oscar AI

An AI data analyst for quick service restaurants

Plenna

Virtual and in-person women’s health clinic for Latin America

Popl

The in-person go-to-market platform

Public Grid

Helping multifamily residents get access to green energy

Route Reports

Transportation & infrastructure analytics

Safari AI

A search engine for the real-time physical world

Sent

A unified API for messaging across all channels

Solarcycle

Solar panel & e-waste recycling

Stell

Secure requirements management for mission-critical systems

Stop, Breathe & Think

Mental health app for young people (acquired by Meredith Corp)

Sunset

Automates & simplifies estate settlement

Synthetic Users

Test your idea or product with AI participants

Teserac

Power safety, observability, and automation for AI infrastructure

Testparty

Digital accessibility compliance software

Portfolio (57+)

Udelv

Driverless, electric last-mile deliveries

Valor Water Analytics

Big data solution for water utilities (acquired by Xylem)

Variance

AI agents for compliance and fraud investigations

Vendra

A marketplace for sourcing custom parts from US manufacturers

Visage

Hiring platform that harnesses the power of the crowd

Voatz

Changing how the world votes