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.
- Website
- www.urbanchain.co.uk/
- 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
Ranked
4th among 488 active competitors
Employee Count
90 as on Sep 30, 2026
Legal entities associated with UrbanChain
UrbanChain is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
URBANCHAIN LTD CIN: 10771684 , United Kingdom, Active | May 14, 2017 | - | 10 (As on May 31, 2023) |
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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 |
View details of UrbanChain's funding rounds and investors
UrbanChain's founders and board of directors
Founder? Claim ProfileThe 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:
- Somayeh Taheri: Co-Founder & CEO of UrbanChain. They serve on the board of 1 company.
- Mo Hajhashem: Co-Founder of UrbanChain. Contact Info: 1 email address
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 |
View details of UrbanChain's Founder profiles and Board Members
UrbanChain's employee count trend
UrbanChain has 90 employees as of Sep 26. Here is UrbanChain's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Resideo 2018, Wilmington (United States), Public | Provider of smart home solutions for security, air, water, and energy | - | 66/100 | |
2nd | Sunamp 2006, Edinburgh (United Kingdom), Series B | Manufacturer of thermal energy storage solutions for homes and buildings | $30.4M | 65/100 | |
3rd | CyanConnode Cambridge (United Kingdom), Public | Provider of narrowband radio frequency mesh networks for IoT communications | $5.43M | 63/100 | |
4th | UrbanChain 2017, Manchester (United Kingdom), Series A | Developer of technology facilitating direct energy transactions between generators and consumers | $6.51M | 62/100 | |
5th | tem 2021, London (United Kingdom), Series B | Provider of renewable electricity semiconductors manufacturing services | $95.8M | 59/100 | |
6th | Provider of cloud platform for building operation and energy efficiency | $32.8M | 58/100 | ||
7th | learnd 2020, London (United Kingdom), Public | Cloud-enabled platform offering building management solutions | - | - | 58/100 |
8th | Green Revolution Cooling 2009, Austin (United States), Series C | Provider of oil immersion cooling for data centers | $43M | 57/100 | |
9th | Utilita 2003, Winchester (United Kingdom), Unfunded | App-based utility bill management platform | - | - | 57/100 |
10th | KODE Labs 2017, Detroit (United States), Series B | SaaS driven building operating system | $38M | 53/100 |
Looking for more details on UrbanChain's competitors? Click here to see the top ones
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
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.
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UrbanChain and Believ launch £300m clean energy partnership for EV chargingFleetworld•Jun 11, 2026•UrbanChain
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Clean energy provider plugs into onshore wind farm to feed growing networkTheBusinessDesk.com•Feb 24, 2026•UrbanChain, Centrica Energy
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Multi-year energy agreement reinforces UrbanChain’s role in UK flexible supplyTheBusinessDesk.com•Jan 20, 2026•UrbanChain
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UrbanChain links with social enterprise energy provider to shake up local marketTheBusinessDesk.com•Nov 24, 2025•Low Carbon Hub, UrbanChain
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UrbanChain seals energy partnership with expanding EV charging point networkTheBusinessDesk.com•Oct 13, 2025•Believ, UrbanChain, Believe
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UrbanChain appoints Jack Holmes as marketing chief to fuel growthProlific North•Aug 12, 2025•UrbanChain
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Former MD of PayPal-backed fintech joins UrbanChainProlific North•Jan 09, 2025•UrbanChain, PayPal, Raisin UK
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