FiscalNote, a Washington DC-based real-time government analysis platform, raised $1.2m in seed funding.
Backers included New Enterprise Associates, Mark Cuban and First Round Capital’s Dorm Room Fund.
Founded in March 2013 by Tim Hwang, Gerald Yao and Jonathan Chen, FiscalNote leverages machine learning and natural language processing to provide real-time analysis on state and local government actions. It is now in closed beta stage.
The company, which is moving from Sunnyvale, is hiring new people.