Zencity, a Tel Aviv, Israel- and New York-based provider of an analytics platform for state and local governments, raised $30M in funding.
The round was led by TLV Partners, Vertex Ventures Israel, Salesforce Ventures, with participation from M12 – Microsoft’s venture fund, and Canaan Partners Israel.
The company intends to use the funds for:
- development of additional capabilities and offerings, and
- expansion within existing and new markets, including new engagements with state agencies and local governments in the United Kingdom and Australia.
Led by Eyal Feder-Levy, CEO and Co-founder, Zencity provides a community insights and analytics platform for state and local governments. The company offers government organizations insights from resident feedback through the analysis of millions of pieces of anonymized and aggregated data points alongside continuous, community-based polling. More than 200 government agencies across the United States use Zencity to inform decision-making, measure progress, and ensure efficient allocation of resources.
The company, which has a team of over 100 employees across four countries, acquired community polling company Elucd earlier in 2021. The company has since integrated Elucd’s ongoing polling tools into the Zencity platform.
FinSMEs
01/07/2021