- Zencity, a Tel Aviv, Israel-based provider of AI-based insights for local governments, closed a $13.5m funding round
- The round was led by TLV Partners and joined by strategic investor Salesforce Ventures, in addition to the company’s existing investors
- The company intends to use the funds to expand its product’s ability to serve state and local government agencies
- Zencity uses advanced AI to provide local government agencies with actionable insights about their communities needs
- Then the platform collects millions of resident-generated data points from a multitude of sources and using AI algorithms
- The company today supports over 150 cities and counties of all sizes across four countries and 28 US states
