About Civstart
Civstart, an accelerator and incubator program founded in 2018, is based in Washington, DC, United States. With a presence in 6 countries, it has supported around 40 startups in sectors like Enterprise Applications, High Tech. As of Aug 2026, Civstart has 1 unicorn under its belt and has witnessed 7 portfolio exits. Most notable companies in
its portfolio include HubSpot, Carta and Businessolver. The program is backed by a team of 8 people who primarily support startups based in United States, Australia.
Key Metrics
Founded Year
2018
Location
Washington, DC, United States
Sectors of Investment
Locations of Investment
Unicorn in Portfolio
Civstart's List of Top Investments
Civstart has a portfolio of 40 companies, one of which is a Unicorn. Their most notable investments include HubSpot and Carta.Their portfolio spans across United States, Australia, Canada and 3 more locations. They have invested in Enterprise Applications, High Tech, Retail and 17 other sectors. Here is the list of top investments by Civstart:
1. HubSpot
Provider of a platform offering marketing, sales, and customer service software. The platform provides tools for marketing automation, sales management, and customer support. It offers an CRM as its core, integrating various hubs such as Marketing Hub, Sales Hub, Service Hub, CMS Hub, Operations Hub, and Commerce Hub, each providing specialized tools to enhance different aspects of customer management and business operations. Key features include a robust CRM supporting contact and deal management, email tracking, marketing email creation, and meeting scheduling.
Key facts about HubSpot
- Founded Year: 2005
- Location: Cambridge (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $101M
- Employee Count: 12,234 as on Jun 30, 2026
- Investors: Cross Creek, Fidelity Investments and 22 Others
- Latest Funding Round: Post IPO, Jun 02, 2020, $*****
- Highlight: Public
2. Carta
Software-based equity management solutions. It offers features solutions for valuation, equity planning, transfer agents, electronic securities, scenario modeling, fund administration, portfolio data collection, and more. It offers solutions to multiple sectors including private companies, investors, and public companies. It also offers ESOP management solutions.
Key facts about Carta
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $1.16B
- Employee Count: 2,243 as on Jun 30, 2026
- Investors: Meritech, Silver Lake and 137 Others
- Latest Funding Round: Series G, Aug 13, 2021, $*****
- Highlight: Editors' Pick
Cloud-based employee benefits administration solution. Its online benefits enrollment software, Benefitsolver, delivers a SaaS-based benefits administration solution that empowers employees to easily enroll based on eligibility that’s determined on the same platform. It also includes detailed analytics and reporting tools, COBRA administration, workflow, and communication toolset. It offers web-based tools for benefits billing and financial reporting to deliver reconciled bills that are easily reportable by division, location, carrier, and more.
Key facts about Businessolver
- Founded Year: 1998
- Location: West Des Moines (United States)
- Valuation: $*****
- Stage: Late Stage
- Total Funding till date: $65.2M
- Employee Count: 1,577 as on Jun 30, 2026
- Investors: Resolve Growth Partners, JMI Management and 4 Others
- Latest Funding Round: PE, Dec 01, 2021, $*****
- Highlight: Editors' Pick
4. Esri
Developer of geographic information system software for spatial data analysis. The software integrates and connects data through geography. It supports daily operations and guides long-term strategies. The software is designed for building, customizing, and automating spatial solutions. It offers tools and implementations and allows users to exchange ideas with experts.
Key facts about Esri
- Founded Year: 1969
- Location: Redlands (United States)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2026
- Stage: Funding Raised
- Employee Count: 7,374 as on Jun 30, 2026
- Investors: Zhongdi Trust Fund, Civstart and 1 Other
- Latest Funding Round: Grant (prize money), Feb 01, 2016, $*****
- Highlight: Editors' Pick
5. Circuit
Developer of an app-based platform for shuttle services via electric vehicles. It lets users book seats and pay for shuttle services via the app. The company monetizes through advertisements on internal and external surfaces on the car. It also offers a platform for businesses to run and analyze marketing campaigns. Its mobile app is available for iOS and Android devices.
Key facts about Circuit
- Founded Year: 2011
- Location: New York City (United States)
- Stage: Series B
- Total Funding till date: $29.3M
- Employee Count: 113 as on Jun 30, 2026
- Investors: Joules Accelerator, Groundswell Ventures and 12 Others
- Latest Funding Round: Series B, Feb 13, 2025, $*****
- Highlight: Editors' Pick
Unicorns in Civstart's Portfolio
Civstart has 1 unicorn in its portfolio - Carta. The most recent unicorn in their portfolio is Carta which became a unicorn in 2019, 7 years before Civstart first invested in it.Here is a list of unicorns in Civstart's portfolio:
Filter this listTracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
85 | Software-based equity management solutions | 2012 | San Francisco | Series G | eavjlmm |
IPOs and Publicly Listed companies in Civstart's Portfolio
1 of Civstart's portfolio company became public - HubSpot. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Oct 2014 at marketcap of $759MHere are Civstart's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 10, 2014 | - | - | 6598 |
Acquired companies in Civstart's Portfolio
6 companies from Civstart's portfolio have been acquired. The most recent acquisition was Orbital Insight in May 2024 by Privateer for $*****.Here are Civstart's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 06, 2024 | - | - | 1078 | |
Apr 01, 2022 | - | - | 5482 | |
Jan 25, 2022 | - | - | 4879 | |
Jan 04, 2022 | - | - | 7150 | |
Jun 25, 2021 | - | - | 6735 |
Team profile of Civstart
Civstart has a team of 8 members including 6 Partners located in United States. Civstart's team does not sit on the board of any company as of now.Here is a list of all team members in Civstart:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Washington, DC | - | ||
Partner | Oakland | - | ||
Partner | Washington, DC | - | - | |
Partner | San Francisco | - | - | |
Partner | Grand Rapids | - | - | |
Partner | Rochester | - | - |
Recent News related to Civstart
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CivStart, Patri Partner to Provide New Technology to GovTech Start-UpsPR Newswire•Aug 26, 2021•Patri, Civstart
