State Affairs
Summary active Updated Jul 19, 2026This profile is AI-generated. If you spot an error, please help us fix it by sharing a URL to the correct information.
Investors
Founders
About
State Affairs is a Washington, D.C.-based AI-powered policy and regulatory intelligence platform that combines a large embedded network of statehouse reporters with an AI knowledge graph tracking bills, regulations, and hearings across all 50 U.S. states and the federal government 123. The company publishes more than 2,000 originally reported, nonpartisan articles each month and says its platform is in active use by roughly one-third of state and federal elected officials, with enterprise customers including Walmart, Mastercard, and McDonald’s 123. Co-founder and CEO Evan Burns previously co-founded The Finnish Long Drink (acquired), and co-founder Jamie Roberts Seltzer is a general partner at LightShed Ventures; founding editor-in-chief Alison Bethel joined from a career in journalism leadership 123.
On 2026-07-14 State Affairs announced a $70 million round led by Founders Fund and Khosla Ventures, with participation from Tru Arrow Partners, Alumni Ventures, former Washington Post executive editor Marcus Brauchli, The Athletic co-founders Alex Mather and Adam Hansmann, and KKR media chairman Richard Sarnoff 123. The round type was not disclosed in the announcement 123.
Disclaimer: This is a lean profile built from initial round coverage and may be expanded as more information becomes available.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-07-14 | Growth | $70M | Founders Fund, Khosla Ventures | Tru Arrow Partners, Alumni Ventures, Marcus Brauchli, Alex Mather, Adam Hansmann, Richard Sarnoff 123 |
What Investors Say
No independently sourced investor quotes found at this time.
What Founders Say
“Policy and regulatory markets are often more impactful to organizations than financial markets, yet everybody from voters to companies are often the last to know what’s happening.”
— Evan Burns, Co-Founder & CEO, State Affairs 1
“We need more nonpartisan journalism to build a better democracy and future.”
— Jamie Roberts Seltzer, Co-Founder, State Affairs 1
Sources
-
“State Affairs Raises $70 Million to Help Institutions Navigate the Policy and Regulatory Economy,” PR Newswire, July 14, 2026. Accessed July 19, 2026. https://www.prnewswire.com/news-releases/state-affairs-raises-70-million-to-help-institutions-navigate-the-policy-and-regulatory-economy-302824501.html↩↩↩↩↩↩↩↩
-
“State Affairs Raises $70 Million to Help Institutions Navigate the Policy and Regulatory Economy,” Yahoo Finance, July 14, 2026. Accessed July 19, 2026. https://finance.yahoo.com/economy/policy/articles/state-affairs-raises-70-million-110000098.html↩↩↩↩↩↩
-
“State Affairs Raises $70 Million To Advance Policy And Regulatory Intelligence Platform,” Pulse 2, July 14, 2026. Accessed July 19, 2026. https://pulse2.com/state-affairs-raises-70-million-to-advance-policy-and-regulatory-intelligence-platform/↩↩↩↩↩↩