APPCityLife Inc., a civic tech company in Albuquerque, has gotten a $1.1 million seed round of funding from an Arizona firm and other investors worldwide, the company announced Thursday.
The money will allow expansion of APPCityLife, which was formed in 2009, company founder and CEO Lisa Abeyta said in an interview.
The company’s “open source templates” allow nonprofits, government agencies, businesses and others to produce mobile apps quickly.
“I am proud of our team and how hard we’ve all worked to strengthen the vision that began several years ago,” Abeyta said in a news release.
The seed round is led by Moodoos Sedona Limited Partnership, a family investing fund based in Arizona.
APPCityLife’s platform has been used, for example, by Albuquerque Public Schools so parents can get emergency notifications and other school district information on their mobile phones. It also has been used by Albuquerque’s transit agency for its ABQRide app, Abeyta said.
“It’s been inspiring to break down barriers to access with our platform and to help solve such important problems,” she said.
Abeyta said the funding also was significant because few firms owned or operated by women get venture capital.
“Less than 10 percent of venture capital ever makes its way into women-led firms, so we are very aware of the significance of this event — not just for us, but for changing this metric in the right direction,” she said.
Moodoos first invested in APPCityLife “because we saw the potential of what their mobile platform could do,” said Jen Wege, a partner at Moodoos who will join APPCityLife’s board. “Their traction in the civic tech sector has started to rapidly scale, and this is only one of the verticals where their mobile publishing solution has the potential of disrupting the market.”