July 19, 2017
LiveStories, an integrated data hub where users can find, explore, and present civic data all in one web-based platform, today announced the close of $10 million in a Series A financing round. Led by Ignition Partners with participation from True Ventures and Founders Co-Op, the latest round brings LiveStories’ total funding to $13.9 million since the company was founded.
LiveStories will use the funds to deepen its investment in its core product offering through the introduction of new features, enabling customers to build even more engaging data stories that bring greater transparency to civic data. The funds will also be used to hire across the organization, with a focus on building out the company’s sales, marketing, and product teams. To accommodate the growth, LiveStories will move to a larger office space in the Seattle area.
Using the platform, users can explore thousands of indicators from various public data sources, each with interactive charts and maps. These indicators cover everything from obesity rates to poverty rates, population growth rates, drug overdoses, and more. This solution greatly streamlines the process of sourcing, exploring, and sharing data stories for both technical and non-technical users. It also provides one central location for internal and external teams to collaborate in building and telling data-driven stories.
“LiveStories is doing for government what Bloomberg did for the financial industry and Zillow did for the real estate industry,” says Adnan Mahmud, CEO and Founder of LiveStories. “We are empowering our customers with data that can be used to inspire positive change in communities nationwide. Our mission is to break down barriers and enable people, teams, and entire organizations to use civic data to improve people’s lives, health, work, and communities.”
LiveStories serves all types of organizations in the private and public sector. The majority of its 100 plus customers include government entities specializing in public health, public safety, education and public advocacy. Current clients include Los Angeles County, Maricopa County, San Diego County, Harris County, UCLA, and the Gates Foundation.
“Our investment in LiveStories is underpinned by three key factors,” said John Connors,…