Urban SDK Secures $65 Million to Enhance AI Solutions for Local Governments and Public Safety

Urban SDK Secures $65 Million Growth Investment from Riverwood Capital

Urban SDK, a leading innovator in geospatial AI technology, has announced a significant funding milestone of $65 million from Riverwood Capital, a premier investment firm focused on growth in technology sectors. This funding is set to expand Urban SDK's capabilities in transforming public safety and service operations for local and state governments across the United States.

Founded in 2018 and headquartered in Jacksonville, Florida, Urban SDK aims to empower local governments with advanced data analytics capabilities. The company's geospatial AI tools are pivotal in helping over 300 cities in 40 states effectively address critical safety challenges while optimizing infrastructure management through easily accessible data insights.

With cities dedicating more than 70% of their general fund budgets to ensuring public safety and community well-being, the need for effective solutions is pressing. Urban SDK's integrated platform allows governments to streamline their operations, enabling them to allocate limited resources more strategically. This efficiency not only enhances daily decision-making but also aids in emergency response efforts, particularly during natural disasters. Drew Messer, Co-founder and CEO of Urban SDK, expressed, "Our mission has always been to equip government teams with the intelligence they need to protect lives and use public resources responsibly." He highlighted that their solutions allow cities to achieve significant outcomes at a fraction of the cost of traditional methods.

As noted by Justin Dennis, Co-founder and COO, this new funding will facilitate the expansion of their AI platform capabilities, bolstering their reach in existing and new markets. The company's commitment to transforming urban management aligns with a growing trend towards smart city innovations across America.

Riverwood Capital’s Co-Founder Francisco Alvarez-Demalde remarked on the platform's intuitive nature and its immediate impact on urban operations. He stated, "We are excited to partner with Urban SDK as they scale their system of action to even more communities," emphasizing the role of geospatial AI in fostering safer and more resilient cities. Additionally, the Florida Opportunity Fund's President, Robert Harvey, acknowledged Urban SDK's role in addressing real-world challenges effectively, reflecting the increasing reliance on technology to enhance public sector services.

Urban SDK's dedication to revolutionizing local governance through data-driven insights signifies a crucial shift in how cities operate. By harnessing the power of AI, they are not just optimizing traffic management and public safety but also contributing to the overall efficiency of urban environments. The company's commitment to building a future driven by data and innovation ensures that every municipality can leverage these advances for better service delivery.

In summary, as Urban SDK embarks on this new chapter with the backing of Riverwood Capital, it stands poised to redefine the landscape of public service operations. This growth round not only affirms the value of innovative technology in local governance but also sets the stage for a future where cities leverage data for heightened safety and improved quality of life for their residents.