Polco Raises $14M in Funding

by Taylor Kennedy

Polco has raised $14 million in funding, the organization announced today.

The funding was led by Mercury Fund and included participation from BAT Ventures and Royal Street Ventures.

“With our data and insights, Polco is committed to helping local governments win grants, continue to improve constituent quality of life, and restore trust in local government organization to previous levels and beyond,” Polco CEO Nick Mastronardi said in a statement. “We are pleased to be working with Mercury and our other partners.”

The company also announced it is releasing updates to its platform, which will feature new enhanced community performance analytics and insights capabilities.

Polco is currently serving more than 1,400 local governments and municipalities.