FiscalNote, a Washington, D.C.-based legislative and regulatory analytics company, closed $7m in Series A funding.
The round was led by Visionnaire Ventures, a joint fund between Taizo Son and Temasek, with participation from AME Cloud Ventures, NEA, Green Visor Capital and Winklevoss Capital and angel investor Duke Chung (co-founder and CMO of Parature).
The company intends to use the funds to continue its content expansion and its engineering capacity to cover information both domestically and globally, while continuing to grow its sales and marketing teams.
Co-founded by CEO Tim Hwang, Jonathan Chen and Gerald Yao, FiscalNote provide a platform that applies artificial intelligence to real-time and historic legislative data twith search and advanced notification functionality.
Launched in early 2014, the Prophecy platform is used by customers, including Planned Parenthood, New Balance, VMware, Natural Resource Defense Council, Ally Financial, Allergan, both the Republican and Democratic Governors Associations, and the University of Virginia School of Law.