5 years ago
Urban Secures £5.9 Million in Seedrs Crowdfunding for On-Demand Wellness
Urban, an on-demand wellness app, has raised £5.9 million on investment platform Seedrs, exceeding their initial target of £2 million
This marks Seedrs' third largest raise this year, with over 800 investors participating
The funding will be used to expand Urban's services, achieve profitability, and expand into new cities
Urban plans to build on its current offering of massage, beauty, physiotherapy, osteopathy, and fitness with more services
They also plan to expand to more cities using a new remote onboarding process for professionals.
ProblemTechnology
"People are increasingly looking for convenient and affordable ways to access wellness services, especially in the wake of the COVID-19 pandemic. Traditional wellness businesses often have high overheads and limited accessibility, making it difficult for people to find the services they need."
Solution
"Urban is an on-demand wellness app that connects users with a wide range of wellness professionals, including massage therapists, beauty therapists, physiotherapists, osteopaths, and fitness instructors. The app allows users to book appointments at home or at a location of their choice, making it convenient and affordable to access wellness services. Urban also offers a remote onboarding process for professionals, allowing them to join the platform without having to visit an Urban office."