FiscalNote Strikes $1.3 Billion SPAC Deal FiscalNote buys English advisory firm Oxford Analytica FiscalNote raises $160M to fund expansion
Overview
Since FiscalNote (fiscalnote.com) was founded in 2013, they have believed that leveraging technology is the key to providing transparency into the policy, people, and geopolitics shaping today’s world. Since that time, FiscalNote has grown into the premier information services company focused on global policy and market intelligence. The company pioneered the space of Government Relationship Management (GRM) software by combining AI technology, expert analysis, and legislative, regulatory, and geopolitical data, FiscalNote is reinventing the way that organizations minimize risk and capitalize on opportunity. Home to CQ, Roll Call, Oxford Analytica, and VoterVoice, FiscalNote's technology sustains products and services that power more than 5,000 clients around the world -- from small nonprofits to government agencies to large corporations (including more than half of the Fortune 100) -- with patented technology, expert analysis, and AI-powered data.
Investment Rationale
When 645 first met the founders in 2014, we were blown away by the drive and conviction of the team. Despite their relatively young age, they had identified an acute problem in a massive market and were positioned well to go after it. They were backed by premier early investors and were exceptional at evangelizing the vision that they saw before them. Our assessment is even more true today than it was in 2014 and we feel exceptionally fortunate to be on this journey with them.