Loading organizations...
Ekistic Ventures operates as a venture capital firm specializing in seed and early-stage technology companies. It focuses its investments on startups developing solutions that enhance urban efficiency and promote equitable outcomes for cities and their residents. The firm combines deep industry knowledge with strategic capital to support companies addressing complex civic challenges and improving municipal services.
The firm was founded in 2016 by individuals with significant backgrounds in government and urban development, including co-founder and managing partner David Spielfogel. The foundational insight behind Ekistic Ventures was to leverage expertise from civic administration and policy to identify and nurture innovative technology solutions for public sector needs. This unique pedigree allows the firm to understand the nuances of urban environments and the opportunities within them.
Ekistic Ventures primarily supports burgeoning tech companies whose products and services are designed to solve critical urban problems. Its long-term vision centers on fostering a more responsive and technologically advanced public sector by empowering startups that contribute to smarter, more sustainable, and inclusive cities. The firm aims to build a portfolio that collectively improves the quality of urban life.
Ekistic Ventures has 2 tracked investments across 2 companies. The latest tracked deal is $3.9M Seed in RoadBotics by Michelin in November 2018.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 14, 2018 | RoadBotics by Michelin | $3.9M Seed | Jack Klinck | Innovation Works, Radical Ventures, Urban US, URBAN X, Wharton Alumni Angel Network |
| Apr 9, 2018 | Edovo | $9.0M Series A | — | Evolve Ventures, IDP Foundation, Impact Engine, Kapor Capital, Lumina Foundation, Sustainvc |