Sivic Secures $350K in Pre-Seed Funding

Sivic, a Chicago, IL-based maker of a a ‘post function’ app that addresses civic engagement, secured $350K in pre-seed funding.

Seftech India Pvt. Ltd. acquired a 26% equity stake in the company.

The company intends to use the funds to develop its Alpha version due for soft-launch in Fall 2018.

Co-Founded by Dilraj Singh Rahal and Faateh Sayeed, Sivic is advancing a ‘post function’ app that addresses civic engagement. The technology allows people to instantaneously address issues or policies that matter to them with the relevant influencers- that consist of politicians and organizations.

FinSMEs

26/02/2018

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