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Citiesense isn't accepting new investments

Citiesense’s deadline was January 1, 2020

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Citiesense

Your neighborhood knowledge platform
Immigrant Founders SaaS Marketplace Smart Devices Big Data
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Featured image of Citiesense
$80,000
Raised
344
Investors
Successfully funded and closed on January 1, 2020.
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Pitch Updates 20 Reviews 61
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Closed on January 1, 2020. Information may not be up-to-date. Campaign closed on January 1, 2020. Information displayed may not be up-to-date.

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Citiesense Inc. . View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Citiesense Crowd SAFE Citiesense Form C.pdf
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Hear from some of the 344 investors in Citiesense


Show more

Deal highlights

  • Collaborative data platform for neighborhood communities that centralizes and maps data to measure and improve commercial activities.  

  • Location intelligence will be a $25B+ industry by 2025 

  • Successful beta testing in New York City

  • URBAN-X alumni

  • $105k raised to date



Problem

Communities lack access to strong local data

Data is the center of how we apply technology to our daily lives, particularly in commercially active areas in downtowns and cities. There are different types of data about places, but local data is the most difficult to get. Local data provides operational insight about on-the-ground conditions - things we actually use in our daily lives & things that shape how we experience places.



Solution

Citiesense helps you navigate your neighborhood


By helping local business communities collaborate and use technology to improve their neighborhood, we solve the complex problem of maintaining accurate, standardized local data, and improve access to information about neighborhoods. Our map-based toolkit creates a hub for data about all properties, public spaces, and neighborhood improvements. 

Track all the great things your neighborhood has to offer

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How it works

Connect your data - Create your knowledge-base with data about properties, contacts and streetscapes, in one platform




Use the Map to Analyze Areas - Citiesense enables you to analyze data about any area, whether district, block or neighborhood scale. 




Engage your community - promote your community’s knowledge-base as the hub for insight about the neighborhood. 








Press

As seen in




Traction

On track to reach 20 communities this year

Citiesense has tested its product to track, manage & improve business districts in New York City using local data. We are on track to scale to over 20 communities in New York City by the end of this year, as well as 5 more outside New York.

We track streetscape assets and activities, such as street furniture like benches, street trees, food vendors, transit facilities, bicycle infrastructure, street lighting and lamp posts, waste bins, pedestrian activity, and more. 

We also look at businesses and real estate, from commercial vacancies, a mix of retail business types, number of employees per business, number of tenants per property and building, commercial lease rates, development activity, housing options, etc. 


Early adopters:




Customers

Launching in some of the world’s biggest cities

Our customer is a neighborhood community organization and its members. In New York, we’ve worked with local data about busy downtown areas across the city and helped access data about streetscape assets and commercial real estate information to track, manage, and improve these areas.

Some of our customers include: 

  • Long Island City Partnership 
  • Grand Central Partnership 
  • Third Avenue BID 
  • Alliance for Coney Island 
  • Downtown Brooklyn Partnership
  • Village Alliance
  • Flatiron 23rd Street Partnership

Testimonials:

“As someone with experience running operations for a number of BIDs across NYC, I know first-hand how complex the neighborhood improvement process is, and how much access to good data supports the process. Citiesense understands this, and they've built a truly unique all-in-one solution for any downtown community that needs to start thinking about using data locally.”

Paul Lotter | Director of BID Field Operations

Long Island City Partnership

___

“Working with the Alliance for Coney Island, I was able to see first hand how resourceful small teams with limited resources can be when they adopt a toolkit like Citiesense. The systematic platform Citiesense is building revitalizes the way Business Improvement Districts access and analyze data about communities, and enables us to take a data-driven approach to informing local stakeholders of the impact our local organization is having on the neighborhood. It's exciting to be part of it, and I look forward to seeing how the platform evolves.”

Mamta Melwani | N360 Fellow at Alliance for Coney Island

NYC Department of Small Business Services 

___

“Citiesense is a terrific company to work with and understands our needs.  The platform Citiesense is building with early adopters like us is revolutionizing how we access and analyze data about our community and use that data to inform local stakeholders and key partners about opportunities to work together toward shared goals for the neighborhood.”

Jeannette R. Rausch | Director of Planning & Development

Long Island City Partnership

___

“Citiesense has revolutionized how our BID analyzes and presents our district’s data and property contacts. The platform has helped bring us into the 21st Century.   We are a small team with limited resources and a toolkit like Citiesense saves our employees valuable time and allows us to demonstrate to our board and community the impact of our organization. Citiesense puts us on an equal playing field in terms of data analysis with organizations that have larger capacities. It is exciting to be part of the evolution of this new product whose potential continues to expand.”

Daniella LaRocco | Director of Planning & Economic Development

The Village Alliance




Business model

Access data through subscriptions, license data through the marketplace

Stage 1 - SaaS 

Data management for business district communities. Helping communities access & manage their data. 

All-in-one - A complete toolkit to maintain the most accurate data about a business district, including tenancy, development activity, vacancy, foot traffic, and streetscape conditions. 

Priced to scale - Citiesense provides three different levels of pricing for the SaaS customer, as well as a free level to get new communities started. The higher levels include additional features and more seats to increase collaboration.

Stage 2 - Local data marketplace (in development)

 Enabling communities to license their data, establishing the platform and source for local information about cities. 

Shared maps 

Citiesense takes a percentage of fees set by a Business District community for membership.

API access 

First 700 requests per month...Free

Each additional 100 requests...$5.00



Market

Location intelligence is a $25+ billion market by 2025

We expect annual growth of 15% over the next three years as artificial intelligence and smart cities work together with real estate developers and urban tech companies to solve local issues. Location intelligence provides valuable strategic insight into understanding how humans move around and interact with commercial areas in cities, and how cities can be designed to perform better for a wider variety of people. 



Competition

Citiesense is the only data platform built specifically for neighborhood organizations

This includes Business Improvement Districts, Downtown Development Corporations, Community/Local Development Corporations, Chambers of Commerce, campuses, and other place-based non-profit organizations. In our rapidly urbanizing world, these stakeholder groups are realizing they need to adopt technology and data management tools into their workflows in order to keep track of the various assets that make up their neighborhood and ensure that their neighborhood is moving in the best direction for the many different people that live, work and visit the area. 

The platform’s toolkit is a unique combination of map-based data analysis features, cloud-based data management and productivity tools for neighborhood communities, and membership management services for the organizations managing these communities. This unique suite includes user-friendly forms and QR Codes for managing information as a community of local business owners and property owners, as well as integrations with IoT technologies, government data sources, and popular tools for managing website content and contacts, like Wordpress, Wix, Salesforce, etc. 



Investors

Raised $150K to date

Citiesense has raised over $150K to date from SOSV and other investors. We are also a part of the Urban-X accelerator.



What's next

Mapping the cities of tomorrow together

We plan to use the next year to map and collect data in 20 communities in New York. From there, we plan to grow to 197 communities and enter our commercialization stage. After that, we hope to continue growing in both data collection and revenue. Our current goals are to grow our team and set up pilots in cities across Canada and the US, and we are also currently fostering new markets overseas in Europe, Asia and Australia as well.



Founders and team 


Help us strengthen your community’s local knowledge! 

Together, we can help neighborhoods everywhere thrive.

Deal terms


Valuation cap

$4,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

20%

If a trigger event for Citiesense occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$100

The smallest investment amount that Citiesense is accepting.
Learn more

Funding goal

$107K

Citiesense must achieve its minimum goal of $25K before the deadline. The maximum amount the offering can raise is $107K.
Learn more

Deadline
Citiesense needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Citiesense Inc. . View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Citiesense Crowd SAFE Citiesense Form C.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Citiesense.
Invest
$2,200
Receive
  • Citiesense hoodie
Invest
$5,000
Receive
  • Citiesense hoodie & a copy of Alex Garvin's latest book, "The Heart of the City", featuring maps by Citiesense.

Why others invested

See all reviews (0) See all (0)

Star and Carl are what make Citiesense an awesome company! Their dedication to developing this technology and unique experience are what make me believe in the company.

Profile picture of Camille Hoisington
Camille Hoisington
Active investor
over 5 years ago

Data analytics are useful tools. As a business owner, I foresee how useful a company like Citiesense is. I'm thankful for their vision and hope to be part of their growth.

Profile picture of Al Morrobel
Al Morrobel
Active investor
over 5 years ago

In large cities, you may have lived there for 50 years, but do you really know what is or what is not in your large city. This can be the same when you moved to a new city. Today we require new technology for whatever to solve complex situation.

Profile picture of David Gillespie
David Gillespie
Active investor
over 5 years ago

About Citiesense

Legal Name
Citiesense Inc.
Founded
Jan 2015
Form
Delaware Corporation
Employees
2
Website
citiesense.com
Social Media
Headquarters
Google Map location of of Citiesense
335 Madison Avenue , New York, NY
Headquarters
335 Madison Avenue, New York, NY, United States 10173

Citiesense Team
Everyone helping build Citiesense, not limited to employees

Profile picture of Starling Childs
Starling Childs
CEO, Co-Founder
Featured in Superheroes · Read
Urban planner, designer, motorcycle enthusiast, bagpiper, who loves cities and constantly learning new things about how people are creating great places.
Profile picture of Volkan Unsal
Volkan Unsal
CTO, Co-Founder
New York-based software developer with a track record of building great mobile and web software, and a passion for connecting communities.
Starling Childs
CEO, Co-Founder
Volkan Unsal
CTO, Co-Founder

Press

New App Aims to Help Residents and Tourists Explore Long ...
LIC Post LIC Post
·
Nov 15, 2019

The Long Island City Partnership has launched a new mobile site and smart signage campaign that uses QR-Code technology t...

How smart city tech is helping to keep cars from illegall...
Fast Company Fast Company
·
Mar 6, 2019

The issue with "smart cities" technology is that it can't be proven useful until it gets up and running in the urban land...

Making Sense of an Ever-Evolving City
HuffPost HuffPost
·
Oct 10, 2017

Star Childs and Carl Cornilsen are the co-founders of Citiesense, a technology company creating a map-based Neighborhood ...

Citiesense: New York City Neighbourhood Data Platform - D...
Disrupt Property
·
May 27, 2017

The Disrupt Property database features a number of startups using technology to understand neighbourhood data, land parce...

A Brighter Urban Life
Fast Company Fast Company
·
Mar 24, 2017

Around the world, the smart city of the future is rapidly taking shape. Increased connectivity and advanced data analytic...

URBAN-X Accelerator's Second Cohort Features Gov Tech Com...
Govtech Govtech
·
Mar 2, 2017

The New York City startup investor has taken on eight new companies.

Long Island City Partnership launches online wayfinding t...
QNS.com QNS.com

It is easy to get lost or confused while navigating the streets of the nation's fastest growing neighborhood, but now the...

NYC Adopts Smart City Tech with MXProtocol IoT Standard
Nextbigfuture Nextbigfuture

Berlin-based Blockchain non-profit MXC, announced the launch of their "Smart City IoT Standard", the MXProtocol, in New Y...

SIX QUESTIONS WITH STAR CHILDS FROM CITIESENSE. - URBAN-X
URBAN-X URBAN-X

Citiesense, a member of the second cohort at URBAN-X, organizes the most accurate information about neighborhoods in citi...

The Circular City | New Lab
New Lab New Lab

The Circular City is a New Lab program launched in 2018 with the NYCEDC that brings together entrepreneurs, city leaders,...

Columbus welcomes urban problem solvers with new accelerator
TechCrunch TechCrunch

Every American city wishes it could better support technology, entrepreneurship and infrastructure, unfortunately few act...

NYC adopts blockchain-based smart city standard
Smart Cities World Smart Cities World

New York City has adopted the Berlin-based blockchain non-profit company MXC's smart city Internet of Things (IoT) standa...

Smart city start-ups transform Brooklyn into a living lab
Smart Cities World Smart Cities World

New research and findings from a year-long deployment of technology from three start-ups has revealed new insights and so...

Show all
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Citiesense

Citiesense successfully raised $80,000 from 344 investors on January 1, 2020
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Frankie, Jacobus, Asford, Mohammad, Gary, and 339 others invested. 61 Reviews
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