Citylitics

Citylitics

Data intelligence for infrastructure sales insights

About Citylitics

Simplify's Rating
Why Citylitics is rated
A+
Rated A on Competitive Edge
Rated A+ on Growth Potential
Rated A+ on Rating Differentiation

Industries

Data & Analytics

Government & Public Sector

Enterprise Software

Company Size

51-200

Company Stage

Series A

Total Funding

$5.7M

Headquarters

Milwaukee, Wisconsin

Founded

2012

Overview

Citylitics offers a data intelligence platform that provides sales insights for the infrastructure industry, focusing on sectors like water, transportation, and energy. The platform analyzes millions of public documents to deliver predictive insights about future infrastructure projects, helping clients such as cities and utilities identify potential customers. Unlike competitors, Citylitics specializes in transforming extensive public data into actionable insights that enhance lead generation strategies. The company's goal is to support businesses in capitalizing on the current infrastructure investment boom.

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Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Infrastructure Investment and Jobs Act boosts demand for Citylitics' tracking capabilities.
  • Smart city initiatives increase demand for data-driven insights in urban planning.
  • Public-private partnerships create opportunities to expand Citylitics' client base.

What critics are saying

  • Emerging data analytics startups could dilute Citylitics' market share.
  • Rapid AI advancements may require significant R&D investment to stay competitive.
  • Economic downturns could lead to budget cuts in public infrastructure spending.

What makes Citylitics unique

  • Transforms over a billion documents into high-value intelligence for infrastructure markets.
  • Specializes in predictive insights for sectors like water, transportation, and energy.
  • Offers dashboards tracking 500,000 Capital Improvement Plans and 277,000 compliance violations.

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Funding

Total Funding

$5.7M

Below

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$5M
Citylitics
$8.2M
Discord
$15M
Canva
$100M
GitHub

Benefits

Professional Development Budget

Conference Attendance Budget

Growth & Insights and Company News

Headcount

6 month growth

↑ 1%

1 year growth

↑ 6%

2 year growth

↑ 0%
Business Wire
Mar 29th, 2022
Citylitics Raises Us$5 Million In Series A Funding To Accelerate Public Infrastructure Projects Using Data Science

TORONTO--(BUSINESS WIRE)-- #AI--Citylitics Raises US$5 Million in Series A Funding to Accelerate Public Infrastructure Projects Using Data Science

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