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Stat Ventures operates as an innovation program under the U.S. Census Bureau, fostering advanced technologies and methodologies for improved data collection and utilization. It actively funds cutting-edge ideas through challenges, enhancing the completeness, accuracy, and granularity of national statistical data by leveraging external expertise.
Conceived as a key component of the Census Open Innovation Labs (COIL), the program reflects a strategic insight within the U.S. Census Bureau. Recognizing the need for diverse perspectives, the Bureau established Stat Ventures to solicit and support promising solutions, addressing critical data challenges like address geolocation and supply chain analysis.
Stat Ventures primarily serves the U.S. Census Bureau by providing innovative data solutions, ultimately benefiting the public through more robust and accessible information. Its vision ensures the continuous evolution of data capabilities, supporting the Bureau's role as a leading provider of quality national data and shaping future government resources.
Stat Ventures has 2 tracked investments across 1 company. The latest tracked deal is $23.0M Other Equity in Digital Lumens in October 2014.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 30, 2014 | Digital Lumens | $23.0M Other Equity | Upal Basu | Julien Creuze, Black Coral Capital, Flybridge Capital Partners, Goldman Sachs |
| Oct 1, 2014 | Digital Lumens | $23.0M Series C | NGP Capital | Afore Capital, Aster Capital, Daffy, END Partners, Flybridge, Nokia Growth Partners, O.g. Tech Partners, Union Square Ventures, AMR Awadallah, Black Coral Capital, Goldman Sachs |
