Citymart
New York, New York, United States
Valuation · 2013
$3.5M
2023 Revenue
$11.2M(Est.)
Customers
50
Funding
$1.8M
Avg ACV
$224.3K
Team
85
Founded
2011
Citymart Revenue, Valuation & Funding (2023)
Citymart generated an estimated $11.2M in annual revenue in 2023. Source: GetLatka estimate
Citymart is a leader in city procurement innovation. We put procurement to work to achieve better outcomes for cities, their staff and residents and delivering the highest quality contract opportunities to a broader and more diverse group of vendors, small business, non-profits and social entrepreneurs.
We build our solutions on our first-hand experience delivering innovative procurements in over 130 cities like New York City, San Francisco, Long Beach (CA), Dublin and London. By combining this experience with our technology and data assets, city officials and vendors can benefit from Citymart through intuitive solutions like Citymart BidSpark, our tailored Market Insights and Reporting products, or our Strategy, Design and Training services.
Last updated
Citymart Revenue
In 2023, Citymart's revenue reached $11.2M. The company previously reported $916.6K in 2021.
| Year | Milestone | Source |
|---|---|---|
| 2023 | Citymart Hit $11.2m revenue in December 2023 | Estimated |
| 2021 | Citymart Hit $916.6k revenue in April 2021 | Not recorded |
| 2011 | Launched with $0 revenue |
Citymart Valuation, Funding Rounds
Citymart reached a $3.5M valuation in 2013, set during its Seed round.
Citymart has raised $1.8M in total funding across 2 rounds, most recently a $750K Seed round in 2017.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2017 | Seed | $750K | - | - | Not recorded |
| 2013 | Seed | $1M | $3.5M | 29% | Not recorded |
Founder / CEO
Sascha Haselmayer
CEO
Over the past 20 years I have led urban innovation, economic development and government innovation projects in over 40 countries. I trained as an architect and urbanist in London, am a fellow at New America in the Public Interest Technologies group, an Ashoka Fellow and globally recognized expert on urban and local government innovation. In 2011, I founded Citymart, an organization that transformed expectations and practices of public procurement by reliably introducing civic engagement, diversity, problem-solving and innovation into a bureaucratic process that deploys over $1 trillion into US communities. To-date, Citymart has implemented innovative procurement practices in 135 cities in 35 countries that led to better community outcomes and brought 30,000 creative small and disadvantaged businesses to bid for government contracts. Prior to Citymart I pioneered the development of inclusive urban innovation districts and civic service innovation in cities through co-founding Living Labs Global in 2003, a non-profit network of urban innovation labs and Interlace-Invent in 2001, a consulting and service company advising governments, investors and universities on strategies for economic development, urban investment and innovative partnerships in Europe and Asia. In my early career I co-led the innovation efforts in construction & services companies in the UK and researched problem-solving in urban conflict areas.
Customers
Citymart serves 50 customers.
Citymart Employees & Team Size
Citymart employs approximately 85 people as of 2026, up from 47 in 2022. It serves 50 customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2023 | Reached 85 employees (December 2023) | Not recorded |
| 2022 | Reached 47 employees (December 2022) | Not recorded |
| 2021 | Reached 27 employees (April 2021) | Not recorded |
Frequently Asked Questions about Citymart
Is Citymart still operating?
No. Citymart has shut down.
What is Citymart's revenue?
As of 2023, Citymart generated an estimated $11.2M in annual revenue.
Who founded Citymart?
Citymart was founded by Sascha Haselmayer.
When was Citymart founded?
Citymart was founded in 2011.
How much funding does Citymart have?
Citymart raised $1.8M across 2 rounds.
How many employees does Citymart have?
As of 2023, Citymart had 85 employees.
Where is Citymart headquartered?
Citymart is headquartered in New York, New York, United States.
Compare Citymart to the industry
Citymart operates across multiple industries. Browse revenue, funding, and growth data for Citymart in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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