PSD Citywide Inc.

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PSD Citywide Inc. - overview

Established

2003

Location

London, ON, Canada

Primary Industry

Software

About

Based in Canada, PSD Citywide Inc. specializes in delivering tailored Enterprise Asset Management (EAM) software solutions for local governments and utilities, enhancing operational efficiency and data integration across various sectors. Founded in 2003 in London, Canada, PSD Citywide Inc. focuses on providing software solutions for asset management.


The company has executed 1 deal, with the most recent occurring on October 21, 2025. The founder's background information is not available. PSD Citywide specializes in providing comprehensive Enterprise Asset Management (EAM) software solutions designed specifically for local governments, utilities, colleges, and conservation areas. Their flagship product, the Citywide Platform, integrates various modules to facilitate seamless data sharing across different functionalities, including asset management, maintenance management, GIS, permitting, planning, and licensing.


Key features of the platform include a mobile app for real-time asset data collection and updates, a customer portal for enhanced public engagement, and advanced analytical tools for evaluating asset conditions and lifecycle planning. The platform caters to a diverse client base across North America, helping municipalities optimize operations, streamline workflows, and enhance service delivery. By incorporating a robust API, the Citywide Platform allows for greater integration and customization, making it adaptable to the specific needs and budgets of various organizations. PSD Citywide generates revenue primarily through subscription-based models for its software solutions, which typically involve annual or monthly fees based on the client’s usage and needs.


The transactions are structured as direct business-to-business (B2B) agreements, where local governments and institutions license the Citywide software to manage their assets and services more efficiently. The pricing plans accommodate varying operational scales, ensuring clients can access the necessary features suited to their requirements. Additionally, the company offers advisory services to assist clients in developing strategies for asset management and budget planning, which may involve separate service fees. This diversified approach allows PSD Citywide to maintain strong relationships with its clients while delivering ongoing support and enhancements to its platform.


In October 2025, Norwest Venture Partners invested in PSD Citywide Inc. to support the company's expansion across the US and Canada. The funding will facilitate the development of new products designed to enhance the Citywide Platform and enable entry into additional geographic markets. The company aims to leverage this investment to strengthen its market position and expand its client base in North America.


Current Investors

Norwest Venture Partners

Primary Industry

Software

Sub Industries

Application Integration Software, Accounting/Finance Software

Website

www.psdcitywide.com

Verticals

Cloud Computing, Mobile Apps

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

PSD Citywide Inc. - 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)
GrowthCompletedPSD Citywide Inc.-

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