Civic Eagle Lands $10M Raise
St. Paul-based Civic Eagle, purveyor of software that tracks legislation, on Wednesday announced that it raised $10 million in a Series A funding round.
Enview, the company’s flagship offering, provides customers with instant updates on bills as they move through statehouses throughout the nation. Since its launch in 2019, the company has served more than 100 organizations and influenced more than 50,000 bills, says CEO and co-founder Damola Ogundipe. Civic Eagle’s current customer base includes Google, Comcast, and watchdog group Common Cause, among others.
Austin, Texas-based venture capital firm S3 Ventures led the $10 million raise. Former NFL quarterback Colin Kaepernick also contributed, along with three other VC firms: California-based Menlo Ventures, Nigeria-based Consonance Capital, and Brooklyn-based Debut Capital.
M25, which led Civic Eagle’s seed stage investment, introduced the startup’s leadership to S3 Ventures, Ogundipe says. As for Kaepernick? “I was introduced to him and his team through a mutual contact that thought he would find what we’re doing interesting given we’re at the forefront of helping organizations influence public policy for positive social change,” Ogundipe says. Kaepernick has shown interest in equity-oriented startups, including a California-based lending firm that he nearly purchased via a special purpose acquisition company, or SPAC.
Civic Eagle will use the latest influx of capital to ramp up sales and marketing efforts, with plans to double its headcount from 15 to 30 by 2023. Six of the company’s employees currently work in Minnesota.
The startup also aims to expand Enview’s purview outside of the U.S. Ogundipe says the company aims to “expand our data footprint to include international legislation.”
Civic Eagle’s offering was originally intended for use by citizens, but it later evolved into a B2B offering serving public policy professionals, law firms, and more. Including the Series A raise, the company has now raised a total of more than $14 million.
Ogundipe launched Civic Eagle with co-founders Yemi Adewunmi — now the company’s chief operating officer — and Shawntera Hardy, who now serves as an advisor.