Latka logo

How Citymart CEO Sascha Haselmayer grew Citymart to $11.2M revenue and 50 customers in 2023.

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. Since its launch in 2011, Citymart has shown consistent revenue growth.

Citymart Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M2011201320152017201920212023$0$917K$11MSource: GetLatka.com
YearMilestone
2023Citymart Hit $11.2m revenue in December 2023
2021Citymart Hit $916.6k revenue in April 2021
2011Launched with $0 revenue

Citymart Valuation, Funding Rounds

Citymart reached a $3.5M valuation in 2013, set during its Seed Round round.

Citymart has raised $1.8M in total funding across 2 rounds, most recently a $750K Seed Round round in 2017.

Citymart Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$750K$2M$2M$3M$4M20112012201320142015201620172011 cumulative: $0 • 2011 Founded: $02013 cumulative: $1M • 2011 Founded: $0 • 2013 Seed Round: $1M @ $4M valuation2017 cumulative: $2M • 2011 Founded: $0 • 2013 Seed Round: $1M @ $4M valuation • 2017 Seed Round: $750K$2M2011 Founded: $0 valuation2013 Seed Round: $4M valuation$4MSource: GetLatka.com
YearRoundAmountValuation% Sold
2017Seed Round$750K--
2013Seed Round$1M$3.5M29%

Citymart Employees & Team Size

Citymart employs approximately 85 people as of 2026, up from 47 in 2022.

Citymart has 85 total employees in different roles and functions. They have 50 customers that rely on the company's solutions.

Citymart Team GrowthReported headcount over time020406080100201120132015201720192021202300272747478585Source: GetLatka.com
YearMilestone
2023Reached 85 employees (December 2023)
2022Reached 47 employees (December 2022)
2021Reached 27 employees (April 2021)

Founder / CEO

Sascha Haselmayer

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.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

See how Citymart acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.

Locked

Frequently Asked Questions about Citymart

What is Citymart's revenue?

Citymart generates $11.2M in revenue.

Who founded Citymart?

Citymart was founded by Sascha Haselmayer.

Who is the CEO of Citymart?

The CEO of Citymart is Sascha Haselmayer.

How much funding does Citymart have?

Citymart raised $1.8M.

How many employees does Citymart have?

Citymart has 85 employees.

Where is Citymart headquarters?

Citymart is headquartered in New York, New York, United States.

People Also Viewed

Sales Layer logo

Sales Layer

Developer of an information platform created to improve product management process. The company's platform uses analytics and automation to centralizes data and synchronizes it in all sales channels automatically to optimizes the management for all types of companies regardless of their size, sector or type, enabling brands and retailers to increase their sales by improving their content across multiple interfaces and multiple sales channels.

Rand Labs logo

Rand Labs

A blockchain development lab specialized in Algorand technology. Our Products: AlgoExplorer My Algo Incubation Labs: Professional development services [email protected]

Fadada.com logo

Fadada.com

Operator of an electronic contracts service platform. The company provides an online platform for electronic document signing and certificate services such as electronic contracts signature, documents signature, evidence custody and other electronic related signature.

Scalesource logo

Scalesource

Scalesource is a platform that provides virtual recruiters as a more cost-effective alternative to traditional in-house recruiters. Our service significantly reduces staffing expenses and enhances human resource management efficiency.

POC Pharma logo

POC Pharma

POC Pharma is a SaaS Company supporting pharma stakeholders to digitally manage their interactions, and grow faster and cheaper.

OnSeen logo

OnSeen

Developer if mobile workforce management software intended to manage people, places and assets. The company's platform schedules, dispatches, monitors and task remote staff and contractors, provide real-time status updates to everyone involved in the process and collaborate with mobile resources in real-time, enabling clients to optimize their processes and reduce their project costs.

Compare Citymart to the industry

Citymart operates across multiple industries. Browse revenue, funding, and growth data for Citymart in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Citymart Revenue 2023: $11.2M ARR, $3.5M Valuation