A Middleton-based software company that makes an online survey platform for local governments has raised $14 million, according to a Monday announcement.
The investment in Polco Inc. was led by Mercury Fund, an early-stage venture firm with locations in Houston and Austin, Texas, and Ann Arbor, Michigan. Other investors, including BAT Ventures and Royal Street Ventures, also participated, according to the announcement.
Polco’s customers include more than 1,400 local governments ranging from Oshkosh to Honolulu, according to the announcement. The company’s community engagement and analytics software is designed to help municipalities gather public input and performance data.