What is CityBase?
Founded in 2013 and headquartered in Chicago, Illinois, CityBase provides a comprehensive platform for citizens and businesses to engage with government agencies and utilities. Their offerings encompass constituent services, payment solutions, and robust API development, facilitating seamless online and in-person interactions. CityBase's technology aims to streamline operations for cities, states, and utility providers, enhancing efficiency and accessibility in public services.
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 Method Capital and Taylor 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
Method Capital
Method Capital is a Chicago-based venture firm that partners with entrepreneurs to provide growth funding, with a primary focus on companies in the Midwest. They specialize in leading Series A/B rounds for technology companies and seek initial investments ranging from $1 million to $10 million.
Taylor Capital
Taylor Capital Inc. operates within the Venture Capital & Private Equity industry, based in Kelowna, British Columbia, Canada. The firm is involved in providing capital to businesses.
PPP
Public-Private Partnership
What's next for CityBase?
The recent major strategic investment signals a pivotal phase for CityBase, likely enabling further expansion of its service offerings and technological capabilities. This capital infusion is expected to fuel the company's growth trajectory, potentially allowing for broader market penetration and the development of new features to meet the evolving demands of government and utility sectors. CityBase is positioned to further solidify its role as a key player in digital transformation for public services.
See full CityBase company page
