WASHINGTON–(BUSINESS WIRE)–February 2, 2016–
FiscalNote, a technology startup building a revolutionary platform for analyzing government risk, today announced $10 million in Series C funding. This brings the two-year-old company’s total funding to over $30 million.
Leading the funding were financial technology firms Visionnaire Ventures and Green Visor Capital. Participating investors included New Enterprise Associates, co-founder and former CEO of Yahoo! Inc. Jerry Yang, Mark Cuban, 645 Ventures, Renren, Plug and Play, SF Capital, Perle Ventures and Conversion Capital.
“Through their proprietary code, the FiscalNote team has rapidly scaled a platform that generates actionable insights drawn from the real-time parsing of millions of regulatory and legislative actions for the benefit of investor, compliance and legal professionals,” said Simon Yoo, founder and managing partner of Green Visor Capital.
“We are thrilled to partner with FiscalNote as they build the industry’s next generation platform to unlock legislative and regulatory data with best in class analytics, insights and predictions,” said Keith Nilsson, co-founder and managing partner of Visionnaire Ventures.
The announcement comes just weeks after FiscalNote CEO Tim Hwang was named one of Forbes’ 30 Under 30 in the law and policy field this year.
“Since the start of the company, FiscalNote’s goal has been to build the world’s most powerful platform for analyzing government risk – a platform that organizations around the world rely on for accurate information and beautiful design,” Hwang said.
Founded in 2013, DC-based FiscalNote is recognized for its powerful legislative searching, tracking, and forecasting platform as well as its federal and state regulations data and analytics. FiscalNote is the first government risk platform to offer a mobile application, allowing users to access and analyze every bill at every stage from all fifty states, D.C. and Congress on their phones. All these offerings tie to the company’s mission – empowering organizations to take control of their government strategy.
FiscalNote’s product suite is used by a client base that includes Southwest Airlines, Aetna, Lyft, the Democratic Governors Association, VMWare, Planned Parenthood, Allergan, the University of Virginia and the Natural Resources Defense Council. In providing mission-critical products for every organization, FiscalNote hopes to foster a more transparent political and legal system in the process.
Adam Nekola, 202-793-5300