Citizant

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Citizant - overview

Established

1999

Location

Chantilly, VA, US

Primary Industry

Business Support Services

About

Citizant provides advanced data, IT, and artificial intelligence solutions aimed at enhancing the operational efficiency of government entities and commercial enterprises through innovative technology. Founded in 1999 in Chantilly, US, Citizant specializes in delivering data and AI solutions. The company was recapitalized in 2012 by CM Equity Partners and SunTrust Bank. The CEO of Citizant is Alba Alemán.


Citizant specializes in delivering advanced data, IT, and artificial intelligence solutions designed to enhance the efficiency and productivity of government entities. The company’s flagship product, LUCIE™, is an AI-powered engine engineered to automatically extract high-quality data from vast amounts of unstructured documents, thereby streamlining data processing for clients. Citizant’s service offerings encompass a comprehensive range of solutions, including CDO program strategy, data governance, analytics and visualization, and enterprise AI services. These products are geared toward improving the management and accessibility of data for federal agencies and commercial enterprises, with a focus on enhancing decision-making and operational efficiency.


Citizant primarily serves clients within the United States government and its agencies, alongside various commercial enterprises seeking to leverage data-driven insights for better public service delivery. The revenue model for Citizant is structured around service contracts and partnerships, primarily with government agencies and commercial clients. The firm engages in B2B transactions, providing tailored data solutions and AI services that cater to the specific needs of its clients. Revenue is generated through various channels, including fixed-price contracts and subscription-based services for ongoing support and maintenance.


Citizant’s offerings, such as its LUCIE™ engine and enterprise AI solutions, form integral parts of its revenue-generating activities, as they address critical challenges in data management and operational efficiency for public sector institutions. The company maintains a competitive edge with its comprehensive solutions, fostering long-term partnerships and repeat business with its government and commercial clientele. Citizant is focused on expanding its product offerings and market presence. The company is in the process of developing new features for its LUCIE™ engine, with plans for a release in the upcoming year.


Additionally, Citizant aims to expand its services to more federal agencies and commercial sectors, particularly targeting regions in the Northeast and West Coast of the US by the end of 2023. The recapitalization in June 2012 will help support these initiatives, enhancing their capabilities to cater to a broader range of clients.


Current Investors

CM Equity Partners

Primary Industry

Business Support Services

Sub Industries

Data Centers

Website

http://www.citizant.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Citizant - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
RecapitalisationCompletedCitizant-

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Citizant - employee data

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