What is CityBase?
Founded in 2013 and headquartered in Chicago, Illinois, CityBase provides essential digital and in-person interaction solutions for government agencies and utilities. The company's offerings encompass constituent services, payment processing, and API development, facilitating smoother engagement between citizens and public services. CityBase's focus on modernizing these critical interactions positions it as a key player in the civic technology landscape.
How much funding has CityBase raised?
CityBase has raised a total of $16.1M across 4 funding rounds:
Series A
$4M
Series B
$9.1M
Debt
$1M
Debt
$2M
Series A (2015): $4M with participation from Taylor Capital and Method Capital
Series B (2016): $9.1M led by Method Capital
Debt (2018): $1M, investors not publicly disclosed
Debt (2020): $2M featuring PPP
Key Investors in CityBase
Taylor Capital
Taylor Capital Inc is a venture capital firm based in Kelowna, British Columbia, Canada, operating within the Venture Capital & Private Equity industry.
Method Capital
Method Capital is a Chicago-based venture firm focused on providing growth funding to Midwest-based technology companies, particularly those in Series A/B rounds with recurring revenue and scalable platforms.
What's next for CityBase?
The recent major strategic investment suggests CityBase is poised for accelerated expansion and further development of its platform. This capital infusion will likely fuel enhancements in its payment solutions and digital service offerings, potentially broadening its reach to more municipalities and utility providers. The company's trajectory indicates a strong emphasis on scaling its operations and solidifying its market position through strategic partnerships and technological innovation.
See full CityBase company page
