DC-based technology firm uses cutting-edge artificial intelligence to forecast legislative outcomes and provide regulatory analysis.
WASHINGTON, DC – November 19, 2014 – FiscalNote, the premier legislative and regulatory analytics firm, today announced $7 million of Series A funding led by Visionnaire Ventures, a joint fund between Taizo Son and Temasek, the Singaporean sovereign wealth fund. FiscalNote intends to continue its content expansion and its engineering capacity to cover information both domestically and around the world, while continuing to expand its sales and marketing teams.
Other institutional investors involved in the round are Jerry Yang’s AME Cloud Ventures, NEA, Winklevoss Capital, Enspire Capital, Green Visor Capital, and Middleland Capital. Among the round’s angel investors are Steve Case (former CEO and Chairman of America Online) and Duke Chung (co-founder and CMO of Parature). Last year, the start-up raised a $1.3 million round of funding led by Mark Cuban, Jerry Yang, NEA, and First Round’s Dorm Room Fund.
“We are very excited to join a team at FiscalNote that has already realized considerable success disrupting the open data space,” said Keith Nilsson, co-founder and Managing Partner at Visionnaire Ventures. “Led by a group of forward-looking innovators, FiscalNote has quickly become the leading provider of intuitive, cutting-edge tools for legislative and regulatory analysis.”