# Marketplace.city

> Marketplace.city is a Chicago-based govtech company that helps state and local governments source, validate, and procure technology. Its Clearbox platform turns a repository of historical vendor, contract, and pricing data into managed procurement services (Clearbox Procure) and a research subscription (Clearbox Source), aiming to compress technology buying cycles that once ran months or years down to roughly 100 days. Founded out of a 2016 collaboration with New York City's Mayor's Office of Technology and Innovation, the company has supported over 200 governments.

- **Founded:** 2016
- **Headquarters:** Chicago, Illinois, United States
- **Founders:** Chris Foreman (Co-Founder & CEO), Andrew Watkins (Co-Founder & President/COO), Cameron Koczon (Co-Founder)
- **Team size:** ~19 employees
- **Products:** Clearbox Platform, Clearbox Procure, Clearbox Source
- **Notable:** Won an award at the Smart City Expo World Conference 2017, Grew from a NYC beta to supporting 200+ governments, Helped Aurora, Illinois cut technology project timelines from years to an average of ~100 days

## Products & services

- **Clearbox Platform** — The data-driven engine that powers the company's offerings, built on a repository of historical transaction, contract, and pricing data across governments.
- **Clearbox Procure** — A managed procurement service that guides government stakeholders through sourcing and vendor validation to match the right vendor with the right customer.
- **Clearbox Source** — An annual subscription launched in 2022 giving government agencies unlimited access to proprietary market research, vendor profiles, contracts, and pricing data.

## Achievements

- Won an award at the Smart City Expo World Conference 2017
- Grew from a NYC beta to supporting 200+ governments
- Helped Aurora, Illinois cut technology project timelines from years to an average of ~100 days
- Raised $1M seed round led by Network Ventures (2021)
- Signed a memorandum of understanding with the City of Aurora to handle IT procurement (2019)

## Latest updates

- **2022-01** — Launched Clearbox Source, an annual subscription giving governments unlimited access to proprietary market data and research.
- **2021-03** — Raised $1M seed round led by Network Ventures with participation from Principio Capital.
- **2019-01** — Launched Clearbox Procure and signed an MOU with the City of Aurora, IL for IT procurement.

## Links

- Website: https://marketplace.city
- LinkedIn: http://www.linkedin.com/company/marketplace-city
- Twitter/X: https://twitter.com/marketplacecity

---

Profile page: https://yespress.io/marketplace-city
Published by YesPress — https://yespress.io
Last updated: 2026-08-04