Remix, a San Francisco, CA-based provider of an online platform to improve decision-making and planning processes in the public sector, raised $10m in Series A financing.
The round was led by Sequoia Capital. In conjunction with the funding, Sequoia partner Aaref Hilaly joined Remix’s Board of Directors.
The company, which has raised a total of $12m in venture capital funding from Sequoia, Y Combinator, and SV Angel, intends to use the funds to accelerate product innovation, expand its sales and marketing efforts and support ongoing plans to broaden its geographic reach.
Founded in 2014 by Sam Hashemi, CEO, Remix provides a web-based platform that enables planners at transit agencies and local governments to quickly design transit routes and immediately understand the cost and demographic impact of a proposed change to better balance transit, biking, walking and vehicles.
Over 200 cities in over 10 countries now use the company’s solution.
The company has 45 employees.
FinSMEs
09/05/2017