GERMANY – Polyteia, a Berlin, Germany-based data platform for governments to improve the decision making processes and the way they operate their services, raised €5m in funding.
The round was led by HV Capital with participation from existing investors like DvH Ventures. The company intends to use the funds to further develop its platform and expand its market presence in the DACH region and beyond.Led by Faruk Tuncer, and Alexa Möller, Polyteia is a startup that empowers public administration to make better decisions with a secure and sovereign SaaS data platform. Leto enables the automated integration, transformation and visualisation of data from different source systems in public administration. To empower European governments with data-driven decisions, the company is further expanding its SaaS data platform’s transformation stack and no-code/low-code capabilities, as well as building data solutions for various government use cases. In addition to its software directly to the customer, Polyteia plans to onboard technology partners using its platform and infrastructure for building a large scale data use case ecosystem for the public sector.More than 80 governments like states of Schleswig-Holstein or Saarland as well as national level ministries in Germany use the data platform in the fields of social service planning, crisis response or budget controlling. 02/03/2023
