About Polco
Polco is a company based in Mountain View (United States) founded in 2015.. Polco has raised $24.3 million across 4 funding rounds from investors including Mercury Fund, BAT Ventures and Royal Street VC. Polco has completed 1 acquisition, including Balancing Act. Polco offers products and services including Community Analytics, Benchmark Surveys, Simulation Tools, and Resident Engagement. Polco operates in a competitive market with competitors including Zencity, Irys, ThinkNow, Popvox and IssueVoter, among others.
- Headquarter Mountain View, United States
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Sectors
Government & Social Sector
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$24.3 M (USD)
in 4 rounds
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Latest Funding Round
$14 M (USD), Series B
Oct 03, 2022
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Investors
Mercury Fund
& 4 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Polco
Polco offers a comprehensive portfolio of products and services, including Community Analytics, Benchmark Surveys, Simulation Tools, and Resident Engagement. 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.
Tracks trends and measures success in communities
Compares community performance to national standards
Models policy outcomes for resident involvement
Fosters connections and gathers insights from residents
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Funding Insights of Polco
Polco has successfully raised a total of $24.3M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $14 million completed in October 2022. 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 4
- Last Round Series B — $14.0M
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First Round
First Round
(29 Oct 2015)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Series B - Polco | Valuation | Mercury Fund | |
| Jul, 2022 | Amount | Series A - Polco | Valuation |
investors |
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| Jun, 2016 | Amount | Grant - Polco | Valuation |
investors |
| 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 Polco
Polco has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Mercury Fund, BAT Ventures and Royal Street VC. 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 investments are directed toward US, India, and Canada firms.
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Founded Year | Domain | Location | |
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BAT Ventures is involved in unspecified business activities.
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Founded Year | Domain | Location | |
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Royal Street VC is engaged in early-stage venture capital investments.
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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 Polco
Polco has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Balancing Act. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online budget simulator is used for citizen-government engagement.
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1998 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Polco
| 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 |
Polco Comparisons
Competitors of Polco
Polco 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 Zencity, Irys, ThinkNow, Popvox and IssueVoter, 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 |
AI-based solutions for government decision-making are provided using citizen feedback.
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| domain | founded_year | HQ Location |
Irys is engaged in developing advanced defense and cybersecurity technologies.
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| domain | founded_year | HQ Location |
Online market research solutions are delivered to government and businesses.
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| domain | founded_year | HQ Location |
Public input on legislation is aggregated and delivered to lawmakers.
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| domain | founded_year | HQ Location |
Citizens are enabled to raise issues and engage with officials.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Polco
Frequently Asked Questions about Polco
When was Polco founded?
Polco was founded in 2015.
Where is Polco located?
Polco is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Is Polco a funded company?
Polco is a funded company, having raised a total of $24.3M across 4 funding rounds to date.
What does Polco do?
Polco was founded in 2015 in Mountain View, United States, within the civic technology sector. A crowd-sourced platform is operated, enabling city governments and agencies to collect commentaries, conduct polls, and engage citizens via websites, widgets, and apps. Concerns about policies and legislations are expressed by users, then aggregated and visualized for agencies. Access is provided free to citizens, while subscription fees are charged to government entities.
What products or services does Polco offer?
Polco offers Community Analytics, Benchmark Surveys, Simulation Tools, and Resident Engagement.
How many acquisitions has Polco made?
Polco has made 1 acquisition, including Balancing Act.
Who are Polco's investors?
Polco has 5 investors. Key investors include Mercury Fund, BAT Ventures, Royal Street VC, Madworks Seed Accelerator, and Seed Sumo.