Zencity: Raises $30M in Funding

Zencity Raises $30M in Funding

  • 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 provides a community insights and analytics platform for state and local governments
  • More than 200 government agencies across the United States use Zenciity 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 Zencit’y platform
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Emirates NBD Leads $31 Million Round in Real Estate Investment Platform

Emirates NBD funds real estate platform for enhanced investment opportunities.Highlights: Emirates NBD leads a $31 million funding round.Investment...

NatWest Highlights AI Benefits for Customers Amid Digital Shift

The bank reports improved services through enhanced AI technology.Highlights: NatWest reports AI implementation has enhanced customer experiences.The bank...

Lloyds Investigates Use of Staff Bank Data During Pay Talks

The bank is reviewing data usage amid negotiations with staff over pay.Highlights: Lloyds Banking Group is reviewing data...

X to Launch Crypto and Stock Trading, Expanding Investment Options

X's new platform aims to integrate cryptocurrency and stock trading.Highlights: X will launch a new platform for crypto...