What is Polco?
Founded in 2015 and based in Middleton, Wisconsin, Polco was established by former public servants aiming to integrate world-class communication technology into the civic process. Its platform is designed for civic environments, offering tools for strategic planning, budgeting, and empowering resident voices. Hundreds of organizations nationwide utilize Polco to facilitate civil, verified community engagement online, making it an accessible and trusted resource for public sector leaders. The company's National Research Center (NRC) survey science team further bolsters the credibility of the insights and results it provides.
How much funding has Polco raised?
Polco has raised a total of $14M across 1 funding round:
Other Financing Round
$14M
Other Financing Round (2022): $14M with participation from Mercury Fund, Royal Street Ventures, and Bat Ventures
Key Investors in Polco
Mercury Fund
Mercury Fund is an investment firm that supports early-stage technology companies. Its focus is on backing innovative startups with high growth potential.
Royal Street Ventures
Royal Street Ventures is a private equity firm focused on companies innovating in staid sectors, providing new value to consumers and entrepreneurs. It was founded in 2015 and is headquartered in Park City, Utah.
Bat Ventures
Bat Ventures assists growth-stage startups in developed markets by facilitating their entry into Asia through commercial partnerships and joint ventures.
What's next for Polco?
The recent major strategic investment in Polco signals a pivotal phase for the company, likely enabling expansion of its platform's capabilities and market reach. With a focus on enhancing resident engagement and providing actionable data for local governments, this capital infusion is expected to fuel further innovation in civic technology. Polco's commitment to bridging the gap between public sector needs and advanced communication tools positions it for continued growth and influence in the governmental technology sector.
See full Polco company page