Community engagement tech firm With secures $10M investment: The U.S.-Israeli company has raised new funding to expand its reach and develop AI-based tools for local governments.
Key details of the investment:
- The funding round included participants such as Boaz Amiti, Tal Ventures, Iron Nation, Unicorn Technologies, Ariel Maislos, and Yuval Bar Gil
- Notable investors also include Zac Bookman, co-founder and CEO of OpenGov, and Eyal Feder-Levy, co-founder and CEO of Zencity
- The capital will be used to expand With’s presence in North America and develop AI-powered capabilities
With’s community engagement platform: The company offers an end-to-end solution for local governments to enhance their community engagement efforts.
- The platform allows local governments to promote events, update residents on local issues, and provide payment and registration services
- With aims to address the challenge of limited budgets for community engagement by bringing all local events under one digital umbrella
- The technology provides insights into micro-communities within jurisdictions, helping leaders better understand residents’ preferences and interests
Company growth and impact: With has already established a significant presence in the government technology sector.
- The firm currently works with over 100 cities and counties across the U.S., Canada, and Israel
- With claims its technology can increase event participation by an average of 315 percent
- The city of Scottsdale, Arizona, is among With’s clients, praising the platform’s centralized community calendar as a long-sought solution
Broader context in govtech: The investment in With reflects a growing trend in the government technology sector, particularly in community engagement solutions.
- Community engagement has become a hot area within govtech, attracting increased attention from investors and innovators
- The funding highlights the potential for technology to bridge the gap between local governments and their constituents
- With’s success underscores the demand for tools that can help public agencies better understand and serve their communities despite budget constraints
Industry outlook: The investment in With signals continued growth and innovation in the community engagement technology space.
- As more local governments seek efficient ways to connect with residents, demand for platforms like With’s is likely to increase
- The development of AI-based tools in this sector could lead to more personalized and effective community engagement strategies
- The involvement of experienced govtech investors suggests confidence in the long-term potential of community engagement solutions
Challenges and opportunities: While With’s growth is promising, the community engagement tech sector faces both obstacles and potential for further development.
- Ensuring data privacy and security will be crucial as these platforms collect more information about residents
- Integrating AI capabilities effectively while maintaining transparency and trust with the public will be a key challenge
- There may be opportunities for collaboration or consolidation within the govtech sector as companies like With expand their offerings and reach
Looking ahead: The future of community engagement technology appears bright, with potential for significant impact on local governance.
- As With and similar companies continue to innovate, we may see more sophisticated, data-driven approaches to community building
- The success of these platforms could lead to more informed decision-making by local leaders and increased civic participation
- However, it will be important to monitor how these technologies affect the dynamics between governments and their constituents, ensuring that digital solutions enhance rather than replace traditional forms of community engagement
With, a U.S.-Israeli Community Engagement Firm, Raises $10M