• Skip to main content
  • Skip to secondary menu
  • Skip to footer

Venture Capital Matters

#VentureCapital: VC meets social media

  • Pitch a Startup
  • Market Reports
  • Technologies
    • Technology Events
  • Domain Names for Startups
  • About
  • Contact

Civis Analytics Raises $30.7 Million in Series B Funding

September 27, 2021 By 3v.org Leave a Comment

Investment fuels data science product innovation and global expansion as company reports record growth and first annual profit

CHICAGO – Civis Analytics, a technology company that powers effective, data-driven audience campaigns, today announced a $30.7 million Series B round of financing, with participation from Alumni Ventures and existing investors Drive Capital, Verizon Ventures, Eric Schmidt (former Executive Chairman & CEO of Alphabet and co-founder of Schmidt Futures), and Silicon Valley Bank, among others.

Civis’s founders built the core data science and technology behind the first data-driven Presidential campaign in 2012, informing every part of the campaign’s messaging and billion-dollar advertising program. They created Civis in 2013 to help organizations scale their own targeted audience decision-making in-house. Today, Civis offers a unified platform for data teams and executives to collaboratively, efficiently, and effectively find, reach, and engage the people they care about most.

The Series B funding comes on the heels of Civis’s best year ever, as the company reported over 60% revenue growth and its first full-year profit in 2020. The company’s success has continued into 2021, with record revenue for the 12 months ending June 30. In addition:

Brands, nonprofits, and governments conducted more than 3,000 message tests on the Civis Platform to find their most persuasive messages using a controlled experiment, widely considered the gold standard in social science.
Civis quadrupled its government data science business in three years, deploying the Civis Platform to the four largest cities in the U.S. Civis’s work in this space was honored by Fast Company, Government Technology, and Engaging Local Government Leaders Network (ELGL). The Civis Platform is currently FedRAMPin-process — the latest investment in Civis’s robust security and data protection programs.
Civis reaffirmed its commitment to using data science for good, enabling organizations like the National Domestic Violence Hotline, the Sierra Club, Houston Food Bank, and the Bill & Melinda Gates Foundation to make important decisions around donor and constituent engagement. This includes providing core messaging intelligence and technology for COVID-19 vaccine outreach programs.
Quotes about the news and testimonials from partners:

“Every CMO building a serious digital operation should hire Civis,” said Eric Schmidt. “They have built a truly innovative and powerful platform for data and marketing teams. I’m proud to reinvest in Civis to expand their reach to companies and causes worldwide.”

“Civis’s technology is helping us efficiently acquire discovery+ subscribers as we continue to scale and makes our media planning function more advanced,” said Seth Goren, Group SVP of Global Subscriber Acquisition at Discovery Inc. “Our analysts can quickly and easily pull data-driven answers to questions around optimization, trade-offs, and scenario-planning.”

“We were drawn to Civis for a number of reasons,” said Erik Hammer, partner at Alumni Ventures. “They continue to add great talent to the team, they’re bringing tangible value to an impressive roster of clients, and governments at all levels are accelerating investment in analytics. The fact that they grew profitably across sectors through the pandemic is a testament to the strength of their business.”

“Organizations know they need to be more data-driven, but don’t always know where to start,” said Chris Olsen, Partner at Drive Capital and member of the Civis Board of Directors. “The fact that Civis meets them where they are in terms of analytical maturity means they have a massive addressable market. We’re excited to see their continued growth.”

Civis will use the new investment to accelerate product innovation and continue growing its team, starting with several key executive appointments:

Marta DeBellis, CMO of HireVue, joins the Civis Board of Directors;
Clare Epstein, Vice President of Public Sector;
Maeve Ward, Vice President of Research;
Richard Watson, Vice President of Media;
Aaron Williams, Vice President of Marketing;
Laura Belmont, General Counsel; and
Patrice Brown, Chief of Staff.

“Civis delivers cloud-based solutions to help organizations use data to inform their most important decisions and audience campaigns,” said Dan Wagner, CEO and Founder of Civis Analytics. “Over the past year, we’ve partnered with CMOs and their analytics teams to create more effective messages based on science, find new customers for breakout streaming platforms, and map the effects of their advertising across channels using leading-edge data science for their exact needs.”

To learn more or to get in touch, visit www.civisanalytics.com.

About Civis Analytics
Civis Analytics’s cloud-based platform gives organizations a competitive advantage in how they identify, attract, and engage people using data. With technology that’s augmented by proprietary data and advisory services, and an interdisciplinary team of data scientists, developers, and survey science experts, Civis helps organizations turn data into campaigns that compel action. Learn more about Civis at www.civisanalytics.com.

SOURCE Civis Analytics

Home

Related

Filed Under: PR

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Footer

Recent Posts

  • FreshCut Secures $15M Funding to Accelerate Transformation of Web3 Gaming Content Ecosystem
  • Thought Machine Raises $160m in Series D Funding Round – Doubling Valuation to $2.7bn and Accelerating Plans to Bring World’s Banks Onto Cloud Technology
  • Foundational Skills Checklist
  • LucidLink Raises $20 Million in Series B to Solve Remote Collaboration Challenges for Global Creative Teams
  • Storyblok Raises $47M Series B Led by Mubadala Capital and HV Capital to Make Headless Content Management the New Standard
  • A bridge between Web2 and Web3
  • Fresh Technology Inc. Closes $7 Million Series A to Drive Innovation in Modern Restaurant Kitchens
  • SoftBank will be cutting its startup investments by 50-75% through March 2023
  • Paddle, which provides a billing backend for SaaS companies, raises a $200M Series D
  • RGo Robotics Exits Stealth Mode with $20M in Funding & Major Customer Wins

Media Partners

  • VPNW
  • S3H
  • OPINT
  • Press Media Release
  • OSINT
  • Digital Market
  • Briefly

Media Partners

  • Technology Conferences
  • Event Sharing Network
  • Defense Conferences
  • Cybersecurity Events
  • Event Calendar
  • Calendarial
  • Opinion
  • Venture Capital

Copyright © 2018 3V.org

Technologies, Market Analysis & Market Research Reports

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT