Media Fortune Fame & Folly

FiscalNote buys FactSquared

FiscalNote, a Washington DC based data and software company offering political and regulatory intelligence, has acquired FactSquared which offers AI transcription and data services. FactSquared offers rapid texts of public officials’ statements and gained profile with its website which has provided a searchable database, for example, of all the communications of outgoing President Trump since January 2017. Its technology allows interrogation of speech based data to find trends, patterns and outliers akin to searches more traditionally associated with other firmer data. FactSquared was founded by Mark Walsh and ceo Bill Frischling.

Terms not disclosed. But last month, FiscalNote announced that it has raised $160m in growth capital and debt finance through Arrowroot Capital and Runway Growth Capital.