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Urban Innovation Fund

San Francisco, California · Invests in US · Website

Pre-SeedSeedSeries AB2B SaaSAI & Machine LearningData & AnalyticsFintechHealthcare & BiotechLegal TechReal Estate & PropTechEnterprise SoftwareFintech & PaymentsEdTechClimate & Clean EnergyLegal & RegtechLogistics & Supply ChainHealthcare & Digital Health

Thesis

The future of cities will be shaped by entrepreneurs who can navigate complex regulatory environments. We provide seed capital and regulatory/policy expertise to startups enhancing the livability, sustainability, and economic vitality of cities.

Likely not a fit for

Pure consumer social apps without urban impact, entertainment, gambling, non-regulated business models without clear city benefit

How they invest

Lead or follow
Usually leads
Typical decision
~1 week
Warm intro
Not required
Involvement
Takes a board seat
Fund status
Actively deploying
Assets under mgmt
$212M
Decision process
Partnership vote

Partners & team

3 contacts on file

AF

Andrew Felbinger

PartnerPartner · Primary contact

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a•••@ur•••.com

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JL

Julie Lein

General PartnerManaging Partner & Co-Founder

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j•••@ur•••.com

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CB

Clara Brenner

General PartnerCo-Founder and Managing Partner

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Portfolio

Allocate

Allocate is an intelligent operating system designed for private market investing, providing wealth advisory firms with the infrastructure to seamlessly build and manage high-quality alternative portfolios. The platform enables clients to access top-tier venture capital opportunities and manage their investments all in one place.

ApplyDesignEnterprise Software

Apply Design is a modern virtual staging software that helps anyone create photorealistic virtual staging edits for $7 an image in a 20 minutes turnaround. It features advanced editing capabilities, allowing users to customize the staging to their exact specifications using AI technology.

AvelaEdtech

Avela is a Nobel Prize-winning, venture-backed edtech/govtech startup focused on increasing access to high quality education with the first common application system for PK-12. They provide districts, charter networks, and early childhood programs with best-in-class enrollment software.

BookNookEdtech

BookNook’s K–8 synchronous online learning platform is designed to help schools easily implement high-impact tutoring to improve reading and math skills.

BundleFintech Payments

A modern mortgage company that simplifies the mortgage process through a digital platform, allowing users to request quotes, compare options, and apply for mortgages online.

Chief AIEnterprise Software

Chief AI provides software designed to enhance the efficiency and effectiveness of leaders and their teams, particularly in high-stakes environments such as government and corporate settings. The platform focuses on automating workflows, managing information securely, and leveraging AI to improve operational processes.

Civic IQEnterprise Software

Civic IQ is an AI-driven platform that helps businesses identify early buying signals in the public sector, enabling them to engage with government agencies before formal requests for proposals (RFPs) are issued.

ClimateWellsClimate Clean Energy

ClimateWells focuses on creating energy transition credits by shutting down marginal oil and gas wells, which are responsible for a significant portion of methane emissions. The company aims to eliminate emissions, create jobs, and improve local air quality through verified carbon credit projects.

codeSparkEdtech

codeSpark is the #1 learn-to-code app for kids aged 3-10, improving problem-solving, sequencing, and early coding skills through interactive games and activities.

CodiEnterprise Software

Codi is a flexible office management platform that provides AI-powered office solutions including cleaning, pantry restocking, IT management, and furniture design, all aimed at automating office operations and enhancing workplace culture.

CommendaEnterprise Software

Commenda is a platform that enables businesses to seamlessly register, stay compliant, and manage their tax obligations across 70 countries, providing solutions for corporate governance, international tax, and entity management.

DatashipsMarketing Adtech

Dataships captures more email and SMS opt-ins from your customers at checkout, unlocking a powerful audience that comes back to buy more often. Grow your repeat purchase revenue without disrupting purchase flows or risking compliance violations, no matter where you sell.

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Research briefRead more
Urban Innovation Fund Research Investment Thesis The Urban Innovation Fund invests in startups enhancing the livability, sustainability, and economic vitality of cities . Founded in 2016 by Julie Lein and Clara Brenner (both MIT Sloan MBAs with prior experience in urban development and policy), the fund provides not just seed capital but also regulatory support and policy expertise to entrepreneur

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