Fundz

Civic Marketplace raised $3M in a seed round led by Kindred Capital to modernize government procurement through an AI-powered platform.

PRIVATEDec 03, 2024

Amount Raised

$3 Million

Round Type

Seed

AbileneMarketplaceGovernment

Investors

Endurance CompaniesAndy PhillippsDavid VelezTim SadlerEd BishopBasis CapitalSophie AdelmanAvalanche VcKindred Capital

Description

Civic Marketplace, a procurement technology platform, has secured a $3 million seed round to transform how local governments purchase goods and services. The funding, which included prominent angel investors, will enhance the company's partnership efforts to streamline procurement access for over 200 local governments in North Texas.

Quick answer

Civic Marketplace raised $3 Million in a Seed round, dated December 3, 2024. Investors: Endurance Companies, Andy Phillipps, David Velez, Tim Sadler, Ed Bishop, Basis Capital, Sophie Adelman and Avalanche Vc. Civic Marketplace is based in Abilene, Texas, United States.

How much did Civic Marketplace raise?
Civic Marketplace raised $3 Million in a Seed round on December 3, 2024.
Who invested in Civic Marketplace?
Endurance Companies, Andy Phillipps, David Velez, Tim Sadler, Ed Bishop, Basis Capital, Sophie Adelman and Avalanche Vc are named as investors in this round.
What does Civic Marketplace do?
Civic Marketplace is a venture-backed technology company transforming public sector procurement through cutting-edge innovation.
Where is Civic Marketplace based and how big is it?
Civic Marketplace is based in Abilene, Texas, United States.
Who are the decision-makers at Civic Marketplace?
Fundz holds 1 contact at Civic Marketplace. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Marketplace and Government around the same time

Companies in the same sectors as Civic Marketplace that raised within 45 days of this round, from Fundz verified event records.

  • Reeco raised $15M (Series A) on January 15, 2025.
  • Holly raised $2.2M (Pre-Seed) on January 9, 2025.
  • Nirmaan raised an undisclosed amount (Seed) on January 9, 2025.
  • bukaPO raised an undisclosed amount (Seed) on January 8, 2025.
  • ZoomCar raised $5.5M on December 23, 2024.
  • HomeRoots raised $372K on December 20, 2024.

Who to call at Civic Marketplace, and when

A new round usually means Civic Marketplace is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Civic Marketplace raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Civic Marketplace, from your own LinkedIn network

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Company Information

Company

Civic Marketplace

Location

Abilene, Texas, United States

About

Civic Marketplace is a venture-backed technology company transforming public sector procurement through cutting-edge innovation. The platform streamlines and accelerates procurement processes, offering local governments a user-friendly, fully compliant solution. Designed for simplicity, Civic Marketplace makes procurement straightforward. They are committed to transparency, efficiency, and supporting diverse suppliers, including Historically Underutilized Businesses, to foster local economic growth and drive innovation. By providing access to a network of reliable, pre-approved vendors, the platform ensures legal compliance and quality assurance for every contract.

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Fundz sees it the moment Civic Marketplace raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Civic Marketplace raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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