Quorum, a new start-up founded by two Harvard undergraduates, hopes to be the next big thing bridging politics and data.
The company, which is slated to announce its launch Monday, offers paying subscribers access to an online platform that is rich with data showing the relationships between lawmakers in Congress.
Quorum pulls data from lawmakers’ press releases, Tweets, floor statements and voting record on every bill going back six years, including who they’ve voted with and against, which bills they’ve introduced and sponsored and who they’ve co-sponsored them with, and what issues they care most about based on those metrics. It is updated every 24 hours.
Quorum uses that information to create detailed profiles on members of Congress. Co-founder Alex Wirth said the platform is not designed to predict the outcome of bills. However, lobbyists could opt to use the information to get a better sense of a lawmaker’s voting history and relationships with other lawmakers, and that in turn could help them decide who to target for meetings.
Quorum charges $4,800 a year and already has two major lobby firms, Holland & Knight and Glover Park, as clients.
The company was founded by Wirth and Jonathan Marks, two Harvard seniors who are also roommates. Quorum has 10 employees who are all undergraduate students at Harvard, MIT and George Washington University.
Wirth declined to share revenue figures, but said that all 10 employees receive salaries. The platform cost about $50,000 to develop, and part of that was funded by grants the company has won at pitch competitions, including the Harvard College Innovation Challenge.