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UrbanChain - About the company

UrbanChain is a series A company based in Manchester (United Kingdom), founded in 2017 by Somayeh Taheri and Mo Hajhashem. It operates as a Developer of technology facilitating direct energy transactions between generators and consumers. UrbanChain has raised $6.51M in funding from Eurazeo. The company has 488 active competitors, including 73 funded and 54 that have exited. Its top competitors include companies like Resideo, Sunamp and CyanConnode.

Company Details

Developer of technology facilitating direct energy transactions between generators and consumers. The technology enables private and local energy markets, connecting renewable energy generators with local consumers. It facilitates energy usage across multiple sites and building private markets. The technology aims to cut carbon emissions and encourage investment in low carbon generation.
Social
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Email ID
*****@urbanchain.co.uk
Phone Number
+44 **********
Key Metrics
Founded Year
2017
Location
Manchester, United Kingdom
Stage
Series A
Total Funding
$6.51M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
90 as on Sep 30, 2026
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UrbanChain's funding and investors

UrbanChain has raised a total funding of $6.51M over 2 rounds. Its first funding round was on Mar 02, 2023. Its latest funding round was a Series A round on May 25, 2023 for $*****. 1 investor participated in its latest round. UrbanChain has 3 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of UrbanChain:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 25, 2023
4721713
Series A
2770860
2321081
3276999
2853409
Mar 02, 2023
6149506
Grant (prize money)
1251062
2199898
8366641
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UrbanChain's founders and board of directors

Founder? Claim Profile
The founders of UrbanChain are Somayeh Taheri and Mo Hajhashem. Somayeh Taheri is the CEO of UrbanChain.
Here are the details of UrbanChain's key team members:

UrbanChain's Board of Directors

UrbanChain's board has 3 active members. Somayeh Taheri is part of team and Abid Kazim and Mohammad Hajhashem are independent board members.
Here is the list of UrbanChain's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
9y 5m
Independent board member
-
Current
6y 6m
nstenni
Independent board member
-
Current
2y 9m

UrbanChain's employee count trend

UrbanChain has 90 employees as of Sep 26. Here is UrbanChain's employee count trend over the years:
Employee count trend for UrbanChain
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UrbanChain's Competitors and alternates

Top competitors of UrbanChain include Resideo, Sunamp and CyanConnode. Here is the list of Top 10 competitors of UrbanChain, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Resideo
Resideo
2018, Wilmington (United States), Public
Provider of smart home solutions for security, air, water, and energy
-
66/100
2nd
Logo for Sunamp
Sunamp
2006, Edinburgh (United Kingdom), Series B
Manufacturer of thermal energy storage solutions for homes and buildings
$30.4M
65/100
3rd
Logo for CyanConnode
CyanConnode
Cambridge (United Kingdom), Public
Provider of narrowband radio frequency mesh networks for IoT communications
$5.43M
63/100
4th
Logo for UrbanChain
UrbanChain
2017, Manchester (United Kingdom), Series A
Developer of technology facilitating direct energy transactions between generators and consumers
$6.51M
62/100
5th
Logo for tem
tem
2021, London (United Kingdom), Series B
Provider of renewable electricity semiconductors manufacturing services
$95.8M
59/100
6th
Logo for Aedifion
Aedifion
2017, Cologne (Germany), Series B
Provider of cloud platform for building operation and energy efficiency
$32.8M
58/100
7th
Logo for learnd
learnd
2020, London (United Kingdom), Public
Cloud-enabled platform offering building management solutions
-
-
58/100
8th
Logo for Green Revolution Cooling
Green Revolution Cooling
2009, Austin (United States), Series C
Provider of oil immersion cooling for data centers
$43M
57/100
9th
Logo for Utilita
Utilita
2003, Winchester (United Kingdom), Unfunded
App-based utility bill management platform
-
-
57/100
10th
Logo for KODE Labs
KODE Labs
2017, Detroit (United States), Series B
SaaS driven building operating system
$38M
53/100
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UrbanChain's Investments and acquisitions

UrbanChain has made no investments or acquisitions yet.

Reports related to UrbanChain

Here is the latest report on UrbanChain's sector:

News related to UrbanChain

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Media has covered UrbanChain for a total of 6 events in the last 1 year, 4 of them have been about company updates and 2 about partnerships.
•
•
Seasoned Fintech Executive Joins UrbanChainFintech Finance•Jan 09, 2025•UrbanChain, Monevo
•
Former MD of PayPal-backed fintech joins UrbanChainProlific North•Jan 09, 2025•UrbanChain, PayPal, Raisin UK
•
KPMG to lead UrbanChain’s £50m Series B fundraiseBusinessCloud•Dec 16, 2024•UrbanChain, KPMG
•
UrbanChain announces plans to enter US marketRenewable Energy Magazine•Nov 07, 2024•UrbanChain
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FAQs about UrbanChain

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