About CityGrows
CityGrows is a company based in Santa Monica (United States) founded in 2015.. CityGrows has raised $375 thousand across 3 funding rounds from investors including Quake Capital and Erie Innovation District. CityGrows offers products and services including Permitting Platform, Digital Forms, and Online Payments. CityGrows operates in a competitive market with competitors including NiC, CrimsonLogic, Simplicity, Comat Technologies and adam, among others.
- Headquarter Santa Monica, United States
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Sectors
Government & Social Sector
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Citygrows Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$375 K (USD)
in 3 rounds
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Latest Funding Round
$225 K (USD), Seed
Dec 02, 2020
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Investors
Quake Capital
& 1 more
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Employee Count
Employee Count
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Products & Services of CityGrows
CityGrows offers a comprehensive portfolio of products and services, including Permitting Platform, Digital Forms, and Online Payments. 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.
Automates online permit applications and approvals for local agencies.
Enables creation and management of custom digital forms for compliance.
Facilitates secure digital payments for permits and licenses.
Funding Insights of CityGrows
CityGrows has successfully raised a total of $375K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $225 thousand completed in December 2020. 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 Funding
- Total Rounds 3
- Last Round Seed — $225,000
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Seed - CityGrows | Valuation |
investors |
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| Feb, 2019 | Amount | Seed - CityGrows | Valuation |
investors |
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| Dec, 2018 | Amount | Seed - CityGrows | Valuation | Erie Innovation District |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CityGrows
CityGrows has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Quake Capital and Erie Innovation District. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage startups are supported through venture capital investments.
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Founded Year | Domain | Location | |
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Startups across sectors are accelerated through support programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CityGrows
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CityGrows
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Citygrows Comparisons
Competitors of CityGrows
CityGrows 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 NiC, CrimsonLogic, Simplicity, Comat Technologies and adam, 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 |
Digital solutions and payment processing are provided to government agencies.
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| domain | founded_year | HQ Location |
eGovernment solutions are delivered for agencies and citizens worldwide.
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| domain | founded_year | HQ Location |
Cloud-based platform for municipal communication and citizen services is provided.
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| domain | founded_year | HQ Location |
E-governance solutions are delivered via ICT in rural areas.
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| domain | founded_year | HQ Location |
Digital solutions for public sector services are managed online.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about CityGrows
When was CityGrows founded?
CityGrows was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is CityGrows located?
CityGrows is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
Is CityGrows a funded company?
CityGrows is a funded company, having raised a total of $375K across 3 funding rounds to date.
What does CityGrows do?
CityGrows was founded in 2015 in Santa Monica, United States. A cloud-based platform is operated to handle licensing and permitting for government organizations. Services are centered on the public administration sector, where digital tools are provided to manage regulatory processes. The companys domain, citygrows.com, supports these operations across local and municipal entities in the United States. Focus remains on streamlining administrative workflows through technology.
Who are the top competitors of CityGrows?
CityGrows's top competitors include Simplicity, CrimsonLogic and adam.
What products or services does CityGrows offer?
CityGrows offers Permitting Platform, Digital Forms, and Online Payments.
Who are CityGrows's investors?
CityGrows has 2 investors. Key investors include Quake Capital, and Erie Innovation District.
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