Tech Company Financing Transactions
Zencity Funding Round
Stepstone and TLV Partners participated in a $40 million Series C funding round for Zencity. The round was announced by the company on 6/18/2024.
Transaction Overview
Company Name
Announced On
6/18/2024
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series C
Investors
Stepstone (Lead Investor)
Proceeds Purpose
The company intends to use the funds to advance its artificial intelligence capabilities, including key hires in engineering and data science, and in enhanced customer service for its local government partners on four continents.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
Carlebach 20
Tel Aviv, 6435716
Israel
Tel Aviv, 6435716
Israel
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
A world where strong trust between communities and the government agencies that serve them radically improves life in every community. Zencity sets the standard for how state and local governments obtain community input, understand it, and use it to make effective decisions.
Management Team
Title
Name
Email & Social
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We do our best to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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