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Stealthy Citizen.VC reports $4M in new funding, reveals few details

Mysterious company Citizen.VC, which only has a landing webpage thus far, might be pulling back the curtains soon.

We just spotted the Form D the company just filed to the U.S. Securities and Exchange Commission, reporting that it has raise $4 million in funding so far. The form reveals that the company is based in Palo Alto, Calif., is hoping for a total round of $12 million, and has four investors signed up at time of filing.

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Emilio DiSanluciano and Zain Khan are listed as executives and directors (presumably founders), and the company was established in 2013.

The company’s landing page states that it is “Building a technology to match curated startups with value-added investors” and will be launching in April 2014.

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Although not much can be discerned from the sparse website, we are speculating that the company could be a platform similar to AngelList, the platform that connects very early-stage startups with potential investors. Its language highlighting the matching of high-quality startups and value-added (possibly very hands-on) investors could be a hint.

On the other hand, it could be yet another crowdfunding platform given the use of the word “citizen” in the name — invoking an air of “for the people, of the people” to the whole affair.

Or of course, it could also be a hybrid of the two, something in between, or none of this at all.

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