Everyone Counts, a San Diego, CA-based provider of a tech election platform, raised $20m in financing.
The package included a $16M mezzanine debt round which closely followed a $4M equity round of funding.
Falcon Investment Advisors led the mezzanine debt portion while Silicon Valley venture capital fund, Draper Associates, led the equity round. In conjunction with the financing, Falcon partner Rafael Fogel will join Everyone Counts’ board of directors.
The company will use the funds to expand adoption of its platform.
Led by Executive Chairman Tom Tullie, Everyone Counts provides Software as a Service (SaaS) election platform enabling voters to cast ballots from laptops, tablets and telephonically. The eLect brand encompasses a full suite of election products including the Quad Audit voting system, Electronic Poll Book, Voter Registration and Central Scan solutions in addition to Election Night Reporting (ENR).
FinSMEs
22/09/2015