SeeClickFix Raises $1.4 Million to Fuel Growth
New Haven, Conn. (PRWEB) June 30, 2015 -- SeeClickFix today announced a $1.4 million funding round led by Elm Street Ventures with participation from existing investors O'Reilly AlphaTech Ventures and Omidyar Network, and new participation from Connecticut Innovations and LaunchCapital.
SeeClickFix will use the capital to fuel growth across the company. The company has 25 employees in New Haven and plans to double its headcount within the next 12 months.
“Our expansion is a testament to the growing ecosystem of technology startups in New Haven and the talent and resources that have supported our growth,” said Ben Berkowitz, CEO of SeeClickFix. “We are proud to be a part of such a vibrant and innovative community.”
SeeClickFix was founded in 2008 to empower citizens with tools to publicly document quality of life concerns in their neighborhoods. By radically improving the quantity and quality of this data, SeeClickFix was quickly adopted by local governments that needed a better way to receive and process information from citizens. This exchange helped to build one of the largest neighborhood networks in the world and serves as a platform for public agencies and citizens to communicate and improve communities.
SeeClickFix has partnerships with hundreds of cities and provides hundreds of thousands of citizens with a platform that helps to resolve millions of non-emergency issues in communities around the world.
“The request management tools that we are building at SeeClickFix engage citizens deeply into the daily activities of our government partners,” said Berkowitz. “Our citizen and government users have the same goal—to resolve problems and improve neighborhoods. This funding will allow SeeClickFix to accelerate development and adoption of the next generation of request management—improving communication and communities throughout the world.”
“SeeClickFix is revolutionizing communication between citizens and their governments,” says Rob Bettigole, founder and managing partner of Elm Street Ventures. “In an ever more connected world, that two way communication is essential to building vibrant, healthy, and tightly knit communities in a cost effective manner.”
"SeeClickFix is an established tech company that is a great investment opportunity for Connecticut Innovations,” said Matthew Storeygard, director of investments at Connecticut Innovations. “This company also represents the heart of a growing tech community in New Haven and contributes innovative ideas, collaboration and jobs to the local economy."
With this investment, Matthew Storeygard and Rob Bettigole have joined the board of directors at SeeClickFix.
“Omidyar Network is deeply committed to furthering the use of technology platforms to engage citizens on issues of importance to them,” said Stacy Donohue, investment partner at Omidyar Network. “The SeeClickFix platform has demonstrated significant, tangible social impact. The team has created a scalable, low-cost way to turn citizen concerns and frustration into participation and engagement while strengthening community bonds.”
"The transparency that SeeClickFix technology brings at a local government level is a critical component as governments begin to adjust their operations towards the real time nature of our society," said Elon Boms, founder and managing director of LaunchCapital.
About SeeClickFix
SeeClickFix is a citizen network and government software-as-a-service (SaaS) provider that deploys request management solutions — turning citizen complaints into productive workflow for municipal, county and state governments. After building one of the largest neighborhood networks in the world, SeeClickFix has developed a government workflow system on top of this network — allowing local governments to leverage citizen participation to create more efficient and trusting communities. For more information, visit http://www.seeclickfix.com.
About Elm Street Ventures
Elm Street Ventures is a nine year old, Yale-backed, seed and early stage venture capital fund based in New Haven, Connecticut. Its primary investment focus is on startups based on Yale technology and on businesses located in the greater New Haven area. Approximately 70% of ESV’s investments are in the life sciences: therapeutics, laboratory tools, diagnostics, and other healthcare-related products and services. The remaining 30% of its portfolio are in the software, green technology, and other industries. For more information on Elm Street Ventures, please visit http://www.elmvc.com.;
About O'Reilly AlphaTech Ventures
O’Reilly AlphaTech Ventures (OATV) is in the business of funding disruptors, innovators and hackers of the status quo. OATV is affiliated with O’Reilly Media which, from open source to the early days of the web and its recent resurgence, has played a key role as trend spotter and advocate for putting world-changing technologies on the map.
About Omidyar Network
Omidyar Network is an impact investor and a foundation. Omidyar Network supports social entrepreneurs through impact investing or grants, partnering with the best changemakers doing the most innovative work on high priority issues, regardless of whether they are a for-profit or nonprofit. Omidyar Network has committed more than $740 million to for-profit companies and non-profit organizations that foster economic advancement and encourage individual participation across multiple initiatives, including Consumer Internet & Mobile, Education, Financial Inclusion, Governance & Citizen Engagement, and Property Rights.
About Connecticut Innovations Inc.
Connecticut Innovations (CI) is the leading source of financing and ongoing support for Connecticut’s innovative, growing companies. To maximize the growth potential of each business, CI tailors its solutions and often combines its funds with resources from other financial leaders to provide venture capital and strategic support for early-stage technology companies; flexible loans for established companies with new innovations; grants that support innovation and collaboration; and connections to its well-established network of partners and professionals. Through all these initiatives, CI has helped bring $4 billion in financing to Connecticut companies. The state’s most active early-stage investor, CI has created more than 26,000 jobs. For more information on CI, please visit http://www.ctinnovations.com.
About LaunchCapital
LaunchCapital Ventures provides seed funding for businesses that have exponential growth expectations with a national or international reach. We syndicate over 90% of our deals with local angel investors and venture capitalists. We will take on an active role with our portfolio companies depending on the needs and nature of the business. Please visit http://www.launch-capital.com for more information.
Tucker Severson, SeeClickFix, http://www.seeclickfix.com, +1 203.752.0777 Ext: 27, [email protected]
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