Anzeige
Mehr »
Dienstag, 10.03.2026 - Börsentäglich über 12.000 News
Das Triple-Discovery-Setup, das der Markt noch nicht begriffen hat!!
Anzeige

Indizes

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Aktien

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Xetra-Orderbuch

Fonds

Kurs

%

Devisen

Kurs

%

Rohstoffe

Kurs

%

Themen

Kurs

%

Erweiterte Suche
ACCESS Newswire
387 Leser
Artikel bewerten:
(2)

Ordinal Raises $1M to Help Municipalities Work Smarter With AI

Plains Ventures Leads Seed Round as Arkansas Startup Expands Footprint in Local Governments

BENTONVILLE, ARKANSAS / ACCESS Newswire / August 28, 2025 / Ordinal, an AI research assistant for local governments, has secured a $1 million seed round led by Plains Ventures with participation from Winrock International and The Venture Center Arkansas Fund. The funding validates a fast-growing Arkansas team building technology to help cities work smarter.

Ordinal's platform allows city staff to quickly find answers from verified internal documents, such as codes, ordinances, and meeting minutes, using a secure retrieval-augmented generation (RAG) model. Unlike generic AI tools, Ordinal grounds every answer in the municipality's own records and links back to the source, ensuring accuracy and consistency.

"Most government employees spend about a third of their work week retrieving information, often navigating multiple sources and even people," said Jacob Herrington, co-founder of Ordinal. "Ordinal makes that process fast, reliable, and secure. Our goal is simple: help governments and their communities work better together. With this funding, we're scaling to bring our technology to more cities across the U.S., giving civic servants an easy entry point into AI."

Founded by Jacob Herrington, Nick Spinazze, and Jacob Eubanks, a team of engineers and product leaders with experience at global technology companies, Ordinal is live and implemented in Sallisaw, Oklahoma; Decatur, Oklahoma; Lowell, Arkansas; Benton County, Arkansas; La Quinta, California; Pea Ridge, Arkansas; and Willard, Missouri, where city staff can search city codes directly through the city website. With the new funding, the company plans to expand its customer base, refine its public-facing chatbot, and build additional features to help local governments work smarter.

The company's growth has been closely tied to the Northwest Arkansas startup ecosystem. Ordinal is based at Onward HQ in Bentonville, where the team first connected with Plains Ventures during a VC Immersions event hosted by the Northwest Arkansas Council. That network of founders, investors, and support organizations has helped accelerate Ordinal's progress and positioned the company to scale nationally while remaining anchored in Arkansas.

"Ordinal's product is intuitive and immediately valuable to governments," said Matt Hickman, principal partner at Plains Ventures. "Equally important, the founding team has the technical expertise, vision, and ambition to redefine how municipalities operate."

About Ordinal

Ordinal is an AI-powered research assistant built for local governments. The platform enables staff and residents to retrieve consistent, accurate answers from approved data sources, such as codes, ordinances, minutes, and GIS files, in seconds. By improving access to accurate information while meeting security requirements, Ordinal helps governments modernize services and better serve their communities. Learn more at ordinalforgov.com.

About Plains Ventures

Plains Ventures is a venture capital fund that invests in early-stage companies solving high-value problems. With a proven infrastructure of capital, experience, and network, Plains Ventures helps entrepreneurs succeed and delivers high risk-adjusted returns to its partners. Learn more at plainsvc.com.

Contact Information

Mary Mickel
Managing Partner, Co-Founder at AM Group
mary@amgrouppr.com
501.350.3422

.

SOURCE: Ordinal



View the original press release on ACCESS Newswire:
https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/ordinal-raises-1m-to-help-municipalities-work-smarter-with-ai-1066425

© 2025 ACCESS Newswire
Favoritenwechsel - diese 5 Werte sollten Anleger im Depot haben!
Das Börsenjahr 2026 ist für viele Anleger ernüchternd gestartet. Tech-Werte straucheln, der Nasdaq 100 tritt auf der Stelle und ausgerechnet alte Favoriten wie Microsoft und SAP rutschen zweistellig ab. KI ist plötzlich kein Rückenwind mehr, sondern ein Belastungsfaktor, weil Investoren beginnen, die finanzielle Nachhaltigkeit zu hinterfragen.

Gleichzeitig vollzieht sich an der Wall Street ein lautloser Favoritenwechsel. Während viele auf Wachstum setzen, feiern Value-Titel mit verlässlichen Cashflows ihr Comeback: Telekommunikation, Industrie, Energie, Pharma – die „Cashmaschinen“ der Realwirtschaft verdrängen hoch bewertete Hoffnungsträger.

In unserem aktuellen Spezialreport stellen wir fünf Aktien vor, die genau in dieses neue Marktbild passen: solide, günstig bewertet und mit attraktiver Dividende. Werte, die nicht nur laufende Erträge liefern, sondern auch bei Marktkorrekturen Sicherheit bieten.

Jetzt den kostenlosen Report sichern – bevor der Value-Zug 2026 endgültig abfährt!

Dieses exklusive PDF ist nur für kurze Zeit gratis verfügbar.
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.