Citylitics, the source for intelligence on planned infrastructure investments, announced that it raised $5 million in a Series A round of funding.
The investment was co-led by Dallas Venture Capital and Cerium Technology Ventures, with participation from Klister and GCI.
The funds will be used by Citylitics to double its sales, marketing, customer success, and engineering teams; expand into new infrastructure verticals throughout North America, and continue building out its data pipelines and platform functionality to serve its vision of helping infrastructure projects get completed faster and with more transparency.
Concurrent with the funding round, partners from Cerium and Dallas Venture Capital will be joining the Citylitics board of directors.
Company: Citylitics Inc.
Round: Series A
Funding Month: March 2022
Lead Investors: Dallas Venture Capital and Cerium Technology Ventures
Additional Investors: Klister and GCI
Company Website: https://citylitics.com/
Software Category: Predictive Intelligence
About the Company: Citylitics is the source of intelligence on critical infrastructure needs and planned investments in communities throughout North America. Its data platform enables stakeholders in the infrastructure market – including manufacturers, suppliers, as well as engineering, investment, and consulting firms – to easily identify and pursue sales opportunities through access to reliable, meaningful, and predictive insights on infrastructure plans, decisions, and market activity. Citylitics' customers include the largest and fastest-growing manufacturers, suppliers, engineering, construction, investment, and consulting firms in the infrastructure sector, including Aegion, Echologics, and EXP. Citylitics is headquartered in Toronto, with offices in Milwaukee and Austin.