Colu
Colu, founded in 2014 and based in Tel Aviv, Israel, is a smart city technology company that enhances civic engagement by rewarding residents for actions that align with municipal goals. Utilizing a unique City Coin, Colu's platform incentivizes positive behaviors, fostering stronger local economies and communities. The company has secured $33.6 million in funding over four rounds, with investors including Spark Capital and Aleph. Colu has partnered with various U.S. cities, such as Akron, Ohio, and Boston, Massachusetts, to launch city-branded apps that promote local engagement.
2014
Established
Acquired
Funding Stage
$33,600,000
Investment Secured
Innovative Solutions
City Coin Platform
A digital currency system that enables cities to reward residents for participating in community-enhancing activities.
Visit ProductCity-Branded Apps
Customized mobile applications that facilitate direct communication between municipalities and residents, promoting local initiatives and services.
Visit ProductGamification Tools
Features designed to encourage resident participation through challenges, rewards, and interactive content.
Visit ProductData Analytics Dashboard
Provides cities with insights into resident engagement and program effectiveness, aiding data-driven decision-making.
Visit ProductLocal Business Integration
Connects local merchants to the platform, allowing residents to spend City Coins at participating businesses, boosting the local economy.
Visit Product
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