Stealthy California startup Citizen.VC raises $4M in funding

April 1
9:14 AM 2014

Citizen.VC, a stealthy startup, has secured $4 million in funding recently, based on a Form D filed with the US Securities and Exchange Commission cited by VentureBeat.

There is little known about the company as of know, but its landing page says Citizen.VC is "Building a technology to match curated startups with value-added investors" and will be launching in April 2014."

It is thought that Citizen.VC could be another company similar to AngelList, which bridges early-stage startups and investors. The company emphasizes that it will focus only on high-quality startups. Another speculation is that the firm could be a crowdfunding platform, but these ideas are still inconclusive, the report explained.

What is known is that Citizen.VC is headquartered in Palo Alto, California, based on the filed document. In addittion, this current funding round aims to raise $12 million, with four investors already signed up. Founded in 2013, Citizen VC's executives and directors are Emilio DiSanluciano and Zain Khan, VentureBeat reported.

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