FiscalNote

FiscalNote
Technology
Industry Internet, Software as a service, Open data
Founded 2013
Founder Timothy Hwang: CEO
Gerald Yao: Co-Founder
Jonathan C. Chen: Co-Founder
Headquarters Washington, D.C.
Website www.fiscalnote.com

FiscalNote, Inc. is a computer software and services company headquartered in Washington, D.C., known for creating software as a service solutions using open data. Clients include Planned Parenthood, New Balance, UCB, the Democratic Governors Association, the Republican Governors Association, and other organizations.[1] Primary clients are organizations that need to understand and be proactive towards legislation across the United States. FiscalNote has plans to expand internationally.[2]

FiscalNote was listed on the 2014 edition of the CNN 10: Startups.[3] The company was also featured on Meet the Press with Luke Russert.[4]

History

FiscalNote was founded by Timothy Hwang, Gerald Yao, and Jonathan C. Chen in 2013. The co-founders have known each other since middle school, attending both Robert Frost Middle School and Thomas Sprigg Wootton High School together.[5][6] In September 2013 the company announced a $1.2 million seed funding round backed by Mark Cuban, New Enterprise Associates, First Round Capital's Dorm Room Fund, AME Cloud Ventures, Plug and Play Tech Center, and the University of Maryland.[7][8][9]

In November 2014 FiscalNote announced a $7 million Series A round which included additional investors Visionnaire Ventures, Winklevoss Capital, Green Visor Capital, Enspire Capital, Middleland Capital, and Steve Case.[10][11] This was augmented in February 2015 with a $10 million Series B round led by Renren.[12][13][14]

FiscalNote advisors include Alec Ross,[15] Glenn Hubbard, John Suh, Stanley McChrystal, Mike Ferguson, and Katharine Weymouth.[16][17][18]

FiscalNote released their first product, FiscalNote Prophecy, to help organizations search, track, and analyze legislation through a unified cloud computing based platform. The company has also released a federal regulatory product, FiscalNote Sonar.[19] Its third product, FiscalNote Atlantis, was released recently.[20]

FiscalNote Prophecy

FiscalNote Prophecy is a software platform that visualizes legislative information across all 50 states and the Federal Government. In addition to allowing for searching and tracking of legislative data, FiscalNote Prophecy also provides a tier of service with quantitative analytics. The software connects to various open data sets and discovers trends, relationships, and anomalies, including predictive analytics.[21][22]

References

  1. ↑ "FiscalNote". fiscalnote.com. Retrieved 2014-11-19.
  2. ↑ "The FiscalNote Advantage: Real-Time Gov't Analysis". Bloomberg TV. Retrieved 2014-11-19.
  3. ↑ "CNN 10: Startups". CNN. Retrieved 2014-11-19.
  4. ↑ "FiscalNote: When Technology Meets Legislation". NBC News. Retrieved 2014-11-19.
  5. ↑ "Is This the Next Bill Gates?". Bethesda Magazine. Retrieved 2014-11-19.
  6. ↑ "About FiscalNote". fiscalnote.com. Retrieved 2014-11-19.
  7. ↑ Ha, Anthony. "Legislation Tracking And Prediction Startup FiscalNote Raises $1.2M From Mark Cuban And Others". TechCrunch.
  8. ↑ "FiscalNote Named Coolest College Startup". http://www.eng.umd.edu/. Retrieved 2014-11-19.
  9. ↑ "FiscalNote CrunchBase Profile". Crunchbase.com. Retrieved 2014-11-19.
  10. ↑ Heath, Thomas (19 November 2014). "FiscalNote snares $7M in investments from Winklevoss, Singapore wealth fund". The Washington Post. Retrieved 19 November 2014.
  11. ↑ "Steve Case and the Winklevoss Twins Join in $7M Round for DC Startup". InTheCapital. Retrieved 2014-11-19.
  12. ↑ http://blogs.wsj.com/digits/2015/02/02/chinese-social-network-renren-bets-on-washington-d-c-big-data-startup/
  13. ↑ http://tech.co/dcs-fiscalnote-raises-10m-series-b-led-renren-2015-02
  14. ↑ http://blog.fiscalnote.com/2015/02/04/ceo-on-future-of-fiscalnote-post-series-b/
  15. ↑ "FORMER HILLARY CLINTON INNOVATION ADVISOR ALEC ROSS JOINS FISCALNOTE BOARD OF ADVISORS". blog.fiscalnote.com. Retrieved 2014-11-19.
  16. ↑ "Mark Cuban, Jerry Yang among investors in Potomac wunderkind’s technology". fiscalnote.com. Retrieved 2014-11-19.
  17. ↑ "FiscalNote Team". fiscalnote.com. Retrieved 2014-11-19.
  18. ↑ http://dcinno.streetwise.co/2015/04/15/fiscalnote-gets-ex-wapo-publisher-katharine-weymouth-as-advisor/
  19. ↑ "FiscalNote Sonar". fiscalnote.com. Retrieved 2014-11-19.
  20. ↑ https://www.fiscalnote.com/2015/09/17/fiscalnote-releases-atlantis-providing-policy-and-legal-professionals-with-state-level-regulations-access/
  21. ↑ "FiscalNote Prophecy". fiscalnote.com. Retrieved 2014-11-19.
  22. ↑ "New technology has enabled start-ups to predict the behaviour of politicians and big businesses". http://www.economist.com/. Retrieved 2014-11-19.
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