CityBase

Chicago, United States Founded: 2011 • Age: 15 yrs Acquired By GTY
Cloud-based solutions are provided for streamlining smart city operations.
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About CityBase

CityBase is a company based in Chicago (United States) founded in 2011 was acquired by GTY in September 2018.. CityBase has raised $21.11 million across 3 funding rounds from investors including GTY and Method Capital. The company has 77 employees as of December 31, 2022. CityBase has completed 1 acquisition, including Department of Better Technology. CityBase offers products and services including Kiosks, Cashiering, Online Payments, Revenue Management, and Screendoor. CityBase operates in a competitive market with competitors including KMD, GovPort, Polimorphic, Colab and Transmira, among others.

  • Headquarter Chicago, United States
  • Employees 77 as on 31 Dec, 2022
  • Sectors
    Government & Social Sector
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Citybase, Inc.
Operational Areas
Government & Social Sector → Government Technology & Digital Services
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
    $0
    0
    as on Jan 26, 2018
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $21.11 M (USD)

    in 3 rounds

  • Latest Funding Round
    $14.86 M (USD), Series B

    Sep 04, 2018

  • Investors
    GTY

    & 1 more

  • Employee Count
    77

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    GTY

    (Sep 13, 2018)

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Products & Services of CityBase

CityBase offers a comprehensive portfolio of products and services, including Kiosks, Cashiering, Online Payments, Revenue Management, and Screendoor. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Offers self-service in-person payment options for bills.

Manages cashier operations for government transactions.

Facilitates web and mobile payment processing for services.

Analyzes payment trends and supports customer service.

Provides tools for business permitting and taxes.

Funding Insights of CityBase

CityBase has successfully raised a total of $21.11M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $14.86 million completed in September 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Series B — $14.9M
  • First Round

    (05 Jul 2016)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2018 Amount Series B - CityBase Valuation

investors

May, 2018 Amount Debt – Conventional - CityBase Valuation

investors

Jul, 2016 Amount Series B - CityBase Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in CityBase

CityBase has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include GTY and Method Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital funding is provided to Midwest technology companies.
Founded Year Domain Location
Citizen engagement and resource management software for government is provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by CityBase

CityBase has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Department of Better Technology. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Software is developed for government agencies to manage online forms.
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - CityBase

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Citybase Comparisons

Employees
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Competitors of CityBase

CityBase operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as KMD, GovPort, Polimorphic, Colab and Transmira, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Software solutions are developed for public and corporate sectors.
domain founded_year HQ Location
Contract management software for government agencies is developed.
domain founded_year HQ Location
Cloud-based solutions for government operations and administration are provided.
domain founded_year HQ Location
Mobile application provided for local government interactions and services.
domain founded_year HQ Location
Provider of XR cloud for smart cities
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Citybase

Frequently Asked Questions about CityBase

When was CityBase founded?

CityBase was founded in 2011 and raised its 1st funding round 5 years after it was founded.

Where is CityBase located?

CityBase is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Is CityBase a funded company?

CityBase is a funded company, having raised a total of $21.11M across 3 funding rounds to date. The company's 1st funding round was a Series B of $6.25M, raised on Jul 05, 2016.

How many employees does CityBase have?

As of Dec 31, 2022, the latest employee count at CityBase is 77.

What does CityBase do?

CityBase was founded in 2011 in Chicago, United States, within the smart city technology sector. Cloud-based SaaS platforms are offered to integrate city databases and enable data analytics for uncovering correlations. Operations are supported through advanced payment technologies, citizen-facing websites, and mobile apps, facilitating more efficient governance and accessibility across municipal functions.

Who are the top competitors of CityBase?

CityBase's top competitors include KMD, Polimorphic and Clue.

What products or services does CityBase offer?

CityBase offers Kiosks, Cashiering, Online Payments, Revenue Management, and Screendoor.

How many acquisitions has CityBase made?

CityBase has made 1 acquisition, including Department of Better Technology.

Who are CityBase's investors?

CityBase has 2 investors. Key investors include GTY, and Method Capital.

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