Tuesday 13 October 2020

Urban Umbrella raises $9M for better-looking scaffolding

Urban Umbrella, a startup that makes elegant steel scaffolding, has secured $9 million in new funding to beautify construction sites, one sidewalk shed at a time. The round includes $7 million in equity and $2 million in debt, and brings the company’s total funding to $18 million since 2016. Co-founder Benjamin Krall said the company raised $4 million pre-Covid, but suspended fundraising for several months this spring. Investors include unnamed developers and building owners. “This



source https://therealdeal.com/2020/10/13/urban-umbrella-raises-9m-for-better-looking-scaffolding/

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