PublicStuff Raises $5 Million To Connect Residents With Their City Governments In Real Time
PublicStuff, the New York City based startup that makes a system to let citizens make real-time requests to their local governments for public services, has raised $5 million in new funding. The financing was disclosed today in a filing to the Securities and Exchange Commission.
PublicStuff also provided the following statement attributed to co-founder and CEO Lily Liu:
“FirstMark is an incredibly well respected firm and we’re thrilled to work with them and the Knight Foundation to further expand our services. In this year alone we’ve expanded to over 200 cities nationwide, including the City of Philadelphia. We will be using these funds to grow the team, enhance the product and bring civic engagement tools to more communities worldwide. We’re excited to share with the public what the future has in store as we take civic engagement to the next level.”
PublicStuff’s last funding round was in November 2011, when the company brought $1.5 millionfrom a set of investors that reportedly included Lerer Ventures, First Round Capital and High Peaks Venture Partners. PublicStuff was co-founded in 2009 by Liu and CTO Vincent Polidoro and first launched at the Fall 2010 DEMO conference.
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