City Innovate is one of those companies every forward-looking municipality should be aware of. Instead of juggling paper documents, City Innovate digitizes the process and, as a result, delivers savings both in time and money. Specifically, the company’s Document Process Automation platform promises to accelerate procurement, contracts, grants, and budgeting by as much as 70%!
Now, you may wonder how they can do that. Fair question and their secret is that over 60% of the team has previously worked in government — providing a deep understanding of the unique challenges facing federal, state, and large local agencies. In other words, they know where the bottlenecks are and can help tackle them to the benefit of all constituents. Also, City Innovate has teamed up with ServiceNow to deliver its end-to-end solutions.
City Innovate’s cloud-based platform produces documents with “built-in intelligence,” automating process workflows by turning the unstructured data hidden in large document sets into actionable data for greater insight and accountability. Data can then be injected into multiple systems within the government agency, including ERP systems. This, in turn, enables government employees to dramatically cut the time needed to get mission-critical solutions working for constituents.
“What we’ve found in working to modernize procurement, contracts, grants, and budgeting is that it’s a balancing act,” said Kamran Saddique, Co-CEO and Founder of City Innovate. “Yes, there is a need for speed. And to bring more innovative vendors to the table, especially when it comes to the acquisition of new technologies. At the same time, agency leaders are under enormous pressure to provide greater insight and accountability into how government money is being spent. The solutions that we are announcing today do just that: balance speed with insight and accountability.”
And if you wonder, other City Innovate co-CEO Jay Nath was previously Chief Innovation Officer for the City of San Francisco. So yes, these two know what they’re doing.
In May 2023, City Innovate secured a Series A round at $12M led by SJF Ventures, supporting their mission to catalyze the development of highly successful businesses driving lasting, positive changes.
Additional contributors included ServiceNow, as the second largest funder, TFJ Capital and Nellore Capital.
The result is a platform that produces documents with "built-in intelligence," automating process workflows by turning the unstructured data hidden in large document sets into actionable data for greater insight and accountability. Data can then be injected into multiple systems within the government agency, including ERP systems.
City Innovate's backers include SJF Ventures, ServiceNow, TFJ Capital, and Nellore Capital.
If you're working for a local government and are looking to automate and digitize some of the tasks, you may want to consider procuring City Innovate's solution. It will not only make life easier for the administrative staff but will additionally help your municipality deliver better services — or deliver the same services faster. Also included are the increased transparency and accountability, with everyone on the team knowing what's going on at all times. In other words, this is one of those solutions every municipality needs, though some of them may not be aware of that just yet.
If you're selling software solutions to local governments and their agencies — or are considering doing that — you may want to contact City Innovate and explore the option of partnering with them and offering their Document Process Automation to municipalities your company serves (or hopes to serve). Considering all the benefits of digitization, selling such a service should be a problem. You are, after all, selling faster response times, streamlining operations, and other things that make cities and towns more effective. And that is something they should be interested in procuring.