FiscalNote Hires Former Tumblr and Zillow Senior Executive to Drive Global Growth Initiatives

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Justin Scott joins FiscalNote as SVP of revenue to expand partnership network and continue company growth initiatives

FiscalNote

FiscalNote

“I joined FiscalNote for the opportunity to work with a group of very talented individuals who are attacking a very large problem. The market opportunity ahead for FiscalNote is immense," said Justin Scott, senior vice president of revenue, FiscalNote.

FiscalNote™, provider of a real-time legal analytics platform that tracks, analyzes and forecasts legal and policy data, today announced the addition of Justin Scott to its executive team as senior vice president of revenue.

With more than 10 years of experience growing revenue and building strategic partnerships for emerging companies, Scott will be the driving force behind FiscalNote’s growth efforts globally, including deployment of revenue-generating products and services.

Prior to joining FiscalNote, Scott served as vice president of brand strategy at Tumblr and – prior to that – as vice president and co-head of sales at Zillow. As one of Tumblr’s and Zillow’s first hires focused on growing revenue, he was a part of both companies’ successful exits.

“I enjoy and have been really lucky to be a part of companies that strive to bring transparency to different markets,” said Scott. “Zillow provided transparency to real estate, which empowered consumers to make better decisions around homes. Tumblr provided transparency to the new market of content ‘creators,’ which gave artists the ability to make money for their work. FiscalNote is bringing greater transparency to government information, which empowers businesses to work effectively and more efficiently.”

Scott will lead the company’s business development initiatives including identifying strategic, long-term partnerships, continuing to scale the company’s sales infrastructure, and building closer relationships with customers and partners.

“My role will be to guide our business development team in how we service the market, which is a massive opportunity,” said Scott. “This includes attracting and developing the best talent, obsessing about our customers and making sure we constantly innovate to stay in front of our customers’ needs.”

The company’s first product, Prophecy, tracks, monitors and forecasts the outcome of state and federal legislation with more than 94 percent accuracy. The product’s Legislator Analytics™ capabilities provide extensive insights regarding the effectiveness of individual legislators as well as likelihood of support on individual pieces of legislation.

FiscalNote recently released its second product, Sonar, which searches, tracks and analyzes regulatory activity, while providing sentiment analysis across comments from stakeholders. The company aims to better connect organizations with government data, providing data-driven analysis to help policy and legal professionals gain valuable, actionable insights.

“We are hearing amazing stories from customers about finding funding for their nonprofits, proactively working with officials on topics that affect their business and also how they are advancing best practices with innovation using our platform,” said Scott. “I joined FiscalNote for the opportunity to work with a group of very talented individuals who are attacking a very large problem. The market opportunity ahead for FiscalNote is immense.”

“We are thrilled to have Justin join our team, given his extensive experience helping young technology companies significantly drive revenue growth,” said Tim Hwang, CEO and co-founder of FiscalNote. “As we continue to grow, Justin will be an integral part of our leadership team, creating an elite sales force that will help us better serve our customers, prospects and the entire legal market.”

The company announced $10 million of Series B funding, led by Renren, in February 2015, just two months after securing $7 million in Series A funding.

About FiscalNote
FiscalNote provides a real-time legal analytics platform that is revolutionizing the way policy and legal professionals work. With its mission of unlocking open data and fostering a transparent political and legal system, FiscalNote’s next-generation platform connects policy and legal professionals with the information they need to get vital alerts on market-moving issues, instantaneously analyze relevant laws and react effectively to political risk. The company’s first product, Prophecy, tracks, monitors and forecasts the outcome of state and federal legislation. Powered by its proprietary ingestion and predictive analytics engine, Prophecy uses legislative data from all 50 states, the District of Columbia and the U.S. Congress to determine legislator effectiveness and forecast policy outcomes with more than 94 percent accuracy. In 2015, the company introduced its second product, Sonar, which searches, tracks and analyzes proposed and final regulations, while providing sentiment analysis across comments from stakeholders. Founded in 2013, FiscalNote’s customer base spans multiple industries, including financial services, healthcare, energy and transportation, among others. Customers such as Aetna, Lyft, Republican Governors Association (RGA) and Democratic Governors Association (DGA) utilize FiscalNote for legislative and regulatory insight across their organizations.

FiscalNote is backed by Mark Cuban, Renren, NEA, Jerry Yang’s AME Cloud Ventures, First Round Capital’s Dorm Room Fund and Visionnaire Ventures. For more information, visit http://www.fiscalnote.com and follow on Twitter @FiscalNote.

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Michiko Morales

Cristina Cruz