Congratulations to our portfolio company City Detect on closing their $2M round! Gavin Baum-Blake well deserved!
City Detect has successfully raised its $2M Seed Round led by Las Olas Venture Capital out of Ft. Lauderdale with participation from Knoll Ventures and Atlanta Seed Company, both out of Atlanta! During the summer raise we tapped into our network and engaged with some phenomenal investors across the United States. Benzamin Choi of Alabama Capital Network was a catalyst this round by introducing us to Scotty L., who did a phenomenal job of overseeing our deal from start to finish. Working through the deal was a smooth process with the team. I flew down to meet them in person and quickly knew it was the right fit. LOVC quickly understood the value of what we've built and how it would be a no-brainer for local government customers and partners. They've proven to be excellent partners and The City Detect team is proud to be a part of their portfolio. We will use the new funding to expand our sales and marketing efforts, and to rapidly expand into new innovative cities across the country!