Citibeats

company

About

Citibeats is an augmented text analytics platform that helps companies and governments understand citizens’ needs in real-time

  • 11 - 50

Details

Last Funding Type
Pre-seed
Last Funding Money Raised
€1.50M
Industries
Analytics,GovTech,Information Services,Machine Learning,Public Safety,Risk Management,SaaS,Software
Founded date
Jan 1, 2018
Number Of Employee
11 - 50
Operating Status
Active

Citibeats is a social data platform that helps multilateral organizations, governments, and private companies understand societal changes at scale, in real-time, guiding decision-makers to take the most timely and necessary actions.

As an Artificial Intelligence platform with proprietary Natural Language Processing technology and Machine Learning algorithms, it unlocks the analysis of big data about human behavior and turns it into actionable insights - regardless of the language, data source, or structure of the text. This makes it possible to get accurate assessments in real-time of how certain issues, policies, or current events are affecting a society’s citizens and what their opinions of them are. The results can be delivered up to 90 days earlier than traditional methods - like media, polls, or surveys - which help organizations manage emerging risks and detect early warnings on critical issues.

The Sustainability and Social Risk Monitors launched in 2022 are the first affordable tools to uncover trends from millions of voices in real time, enabling clients to detect and contextualize social changes. The new subscription-based model has been conceived to help organizations around the globe rapidly and easily understand citizens’ questions, needs, and concerns around topics like climate change, biodiversity, sustainable cities, migration, citizen security, employment and entrepreneurship, and more.

In only 2 years we have built and scaled proprietary technology based on NLP & ML algorithms that unlock the augmented analysis of unstructured data about human behavior. It’s through this technology that we deliver the best social data platform on the market in a massively scalable way.
Citibeats has been recognized internationally with prestigious awards such as:
- The United Nations World Summit Awards;
- The COGx for the best Artificial Intelligence for public services.
- The NTT Open Innovation contest (that gave us the opportunity to work and develop a project with NTT Data)

In 2021, Citibeast was one of the first four tech companies to have implemented the fAIr LAC self-assessment tool.

We are growing in Europe, LATAM, and Japan through the best-in-class partners, positioning Citibeats as the ethical AI designed for respectful, inclusive, and responsive social understanding.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
€3.50M
Citibeats has raised a total of €3.50M in funding over 2 rounds. Their latest funding was raised on Jul 16, 2021 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 16, 2021 Seed €2M 2 Detail
Dec 10, 2019 Pre-seed €1.50M 1 Detail

Investors

Number of Lead Investors
Number of Investors
3
Citibeats is funded by 3 investors. Previsora ​​General and Estinvest are the most recent investors.
Investor Name Lead Investor Funding Round
Previsora ​​General Seed
Estinvest Seed
H & S Investment Pre-seed