Civinc

Civinc is a chat-application that connects employees with different perspectives on key topics in anonymous, one-on-one conversations, offering organizations a safe, scalable and measurable way to increase engagement, trust and AI driven insights into the sentiment of participants

Basic details

Amount raising

€

300K

Country

Netherlands

Industry

AI/ML,EdTech,HR,Saas

Website

https://www.civinc.co

Founders

Last updated:

January 17, 2023

Key Achievements

The original (social impact) concept of connecting voters with opposite views in anonymous one-on-one chats ahead of the 2021 Dutch elections led to a major success with 300k+ users in one month, national media coverage, and academic evidence that this method makes discussants more sympathetic and understanding towards each other, and more willing to engage (again in the future). This has produced a lot of visibility, goodwill and insights, laying the groundwork for the commercial/enterprise spin-off.
We have completed a new product (post-MVP) that has been used for successful stand-alone paid pilot projects with 3 enterprise customers. Currently in serious talks with those customers (amongst others) about a follow-up license based ((un)limited) offering of the product; very close to signing launching customer with big client/license (expected before end Q4 2022).

Premium Details Available

Growth rate (month over month)
Growth rate (month over month)
Monthly Revenue Range
Contextual explanation on monthly revenues
Number of paying customers
Number of active users
Percentage of company owned by founders
Amount raised in the past
Is there a lead investor?
Amount in this round already committed
When aiming to close this round?

Percentage of their time founders are spending on this.
Is there a founder with previous c-level or founder experience?
Is there a founder with exit experience?
Is there a founder with previous sector experience?
Is there a women founder with at least 5% in the team?
Year founded

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Premium Details

(Data is self reported)

Monthly Revenue

€1K - €5K

Growth rate month over month

Monthly revenue context

Selling initial (non-recurring) pilot projects, as stepping stone towards license based model (launching customer license expected in Q1 2023)

Number of paying customers

Monthly active users

How much have you raised in the past?

Do you have a lead investor?

How much of this round already committed?

When are you aiming to close this round?

Q2 2023

Patent status

Year founded

2020

How much time do the founders spend on the business?

100%

Is there a founder with previous co-founder / c-level at startup experience?

Is there a founder with previous Sector Experience?

Yes

Is there a founder with previous Exit Experience?

What percentage of company is owned by founders?

100% owned by founders

Is there a women founder with at least 5% of the shares?

Is there a founder with a EUR / Erasmus MC or TUDelft relation?

Graduation year from EUR, Erasmus MC or TUDelft

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