Citylitics Raises Us$5 Million In Series A Funding To Accelerate Public Infrastructure Projects Using Data Science
Citylitics Raises Us$5 Million In Series A Funding To Accelerate Public Infrastructure Projects Using Data Science
03/29/22, 11:00 AM
Location
torontoMoney raised
$5 million
Round Type
series a
Citylitics, the source for intelligence on planned infrastructure investments, today announced that it has raised US$5 million in a Series A round of funding. The investment was co-led by Dallas Venture Capital and Cerium Technology Ventures with participation from Klister and GCI. The funds will be used by Citylitics to double its sales, marketing, customer success, and engineering teams; expand into new infrastructure verticals throughout North America; and continue building out its data pipelines and platform functionality to serve their vision of helping infrastructure projects get completed faster and with more transparency. Concurrent with the funding round, partners from Cerium and Dallas Venture Capital will be joining the Citylitics board of directors.
Company Info
Location
toronto, ontario, canada
Additional Info
Citylitics is the source for intelligence on critical infrastructure needs and planned investments in communities throughout North America. Its data platform enables stakeholders in the infrastructure market – including manufacturers, suppliers, as well as engineering, investment, and consulting firms – to easily identify and pursue sales opportunities through access to reliable, meaningful, and predictive insights on infrastructure plans, decisions, and market activity. Citylitics is headquartered in Toronto with offices in Milwaukee and Austin, and remote employees throughout North America. For additional information, visit Citylitics.com.