Govtech Fund

Govtech Fund is a California-based venture capital firm founded in September 2014, dedicated to investing in government technology startups. It is the first venture capital fund specifically focused on this sector, targeting early-stage opportunities in companies that develop innovative hardware and software tools for government operations. The firm aims to enhance the cost-effectiveness and efficiency of government departments by providing modern technological solutions for various functions, including project management, infrastructure tracking, healthcare delivery, and regulatory processes. With an investment strategy that anticipates backing 15 to 20 startups, Govtech Fund has raised $23 million to date, with plans to increase this amount to $35 million. The firm has already invested in notable companies such as SmartProcure, MindMixer, SeamlessDocs, and AmigoCloud.

Ron Bouganim

Managing Partner

27 past transactions

GlacierGrid

Series A in 2023
CoInspect is a technology startup whose mission is to protect our food and our planet. We build technology to ensure food safety and sustainability from farm to fork. Our IoT-based 24/7 temperature monitoring sensors and mobile checklist app eliminate food waste, improve safety and reduce refrigeration emissions, protecting millions worldwide. We’re deployed across 5,000+ restaurants, retailers and manufacturers with leading brands including Starbucks, McDonalds, TGI Fridays, Chick-fil-A, and 7-Eleven. Founded by experienced entrepreneurs from Harvard and Columbia, we’re a mission-driven team passionate about making the world better and safer. We are based in San Francisco and supported by renowned venture capitalists including D.E. Shaw and Social Capital.

Merit

Series B in 2022
Merit, founded in 2015 and based in Millbrae, California, operates a verified identity platform designed to enhance transparency and trust in people-data. The platform enables organizations to make informed decisions and engage effectively with individuals, thus supporting their missions efficiently. Merit collaborates with private, state, and municipal entities to address pressing issues in various sectors, including workforce development, emergency services, licensing, education, and defense readiness. By facilitating connections between organizations and individuals, Merit’s technology establishes a verified identity network that acts as a reliable source of truth, fostering trust within entire ecosystems.

Builders Patch

Seed Round in 2021
We work with builders to manage their deal from acquisition to finance on one collaborative platform that allows all partners to access all information, analytics in real time. We help raise construction finance efficiently and easily through our marketplace.

GlacierGrid

Funding Round in 2021
CoInspect is a technology startup whose mission is to protect our food and our planet. We build technology to ensure food safety and sustainability from farm to fork. Our IoT-based 24/7 temperature monitoring sensors and mobile checklist app eliminate food waste, improve safety and reduce refrigeration emissions, protecting millions worldwide. We’re deployed across 5,000+ restaurants, retailers and manufacturers with leading brands including Starbucks, McDonalds, TGI Fridays, Chick-fil-A, and 7-Eleven. Founded by experienced entrepreneurs from Harvard and Columbia, we’re a mission-driven team passionate about making the world better and safer. We are based in San Francisco and supported by renowned venture capitalists including D.E. Shaw and Social Capital.

Therma

Venture Round in 2021
Therma is a full-service mechanical contractor specializing in the design and construction of complex HVAC systems, high purity process piping, and process controls for cleanrooms, laboratories, and high-tech manufacturing environments. The company offers comprehensive services that include engineering, design, fabrication, and installation, ensuring that mission-critical facilities are equipped with advanced mechanical, electrical, plumbing, and controls systems. With a focus on high-quality craftsmanship and technical expertise, Therma caters to industries that require precision and reliability in their operational environments.

TrueRoll

Pre Seed Round in 2020
Empowering governments to maintain always-accurate property tax rolls by identifying both unqualified and unclaimed homestead exemptions - generating new revenue and trust with TrueRoll™.

OpenLattice

Series A in 2019
Modern data infrastructure for core societal institutions

Skymind

Series A in 2019
Skymind Inc. is a business intelligence and enterprise software company based in San Francisco, California, founded in 2014. The company specializes in developing solutions that classify, cluster, and predict outcomes across various data types, including text, images, video, time series, and sound, to identify patterns that can influence business decisions. Skymind is known for its open-source deep-learning framework, Deeplearning4j, which is designed for use in production environments, and ND4J, a scientific computing library optimized for performance and minimal memory usage. In addition to its core offerings, Skymind's technologies enable businesses to leverage advanced analytics and machine learning to enhance their operational efficiency and decision-making processes.

Skymind

Series A in 2019
Skymind Inc. is a business intelligence and enterprise software company based in San Francisco, California, founded in 2014. The company specializes in developing solutions that classify, cluster, and predict outcomes across various data types, including text, images, video, time series, and sound, to identify patterns that can influence business decisions. Skymind is known for its open-source deep-learning framework, Deeplearning4j, which is designed for use in production environments, and ND4J, a scientific computing library optimized for performance and minimal memory usage. In addition to its core offerings, Skymind's technologies enable businesses to leverage advanced analytics and machine learning to enhance their operational efficiency and decision-making processes.

Camino

Seed Round in 2018
Camino.ai develops workflow based software. It offers permit guide, a virtual assistant for your permit process. The company serves individuals, government, and companies. The company was founded in 2017 and is based in San Francisco, California.

Pando

Seed Round in 2018
Pando is an essential tool for teamwork and secure collaboration. It is designed to benefit anyone working in health and social care, working in a team, with a need to share sensitive information and images securely.

SeamlessDocs

Series C in 2018
SeamlessDocs empowers governments to go paperless and deliver better online services to citizens and staff. They specialize in form automation software and offer solutions to help governments go digital, deliver online services, and automate business processes. To date, SeamlessDocs has worked with hundreds of local and state agencies across the US, allowing millions of citizens to submit online forms from any browser or device with eSignatures, payments, and attachments. By providing governments with the tools to digitize their paper processes, the company hopes to shed light on its mission statement: "Government is Beautiful."

Mark43

Series C in 2018
Mark43, Inc. specializes in developing innovative software solutions for law enforcement agencies. The company's primary products include Mark43 RMS, an integrated application for managing law enforcement data, and Mark43 CAD, a cloud-based solution designed for emergency response management. These applications facilitate seamless data collection, management, analysis, and sharing, while offering features such as bi-directional syncing, mission-critical AVL mapping, and automatic status timers. Both Mark43 CAD and RMS are interconnected with federal, state, and local databases, providing enhanced cloud mobility. Founded in 2012 and headquartered in New York City, Mark43 aims to empower communities and improve public safety through advanced technology.

Seneca Systems

Seed Round in 2018
Seneca Systems is a provider of purpose-built software for government workers. The company is pioneering constituent service-centered software for government with Romulus, its flagship constituent services platform (CSP). Romulus centralizes constituent communications, organizes service requests, and provides insights into constituent preferences and work performed. Customers across the country depend on Romulus, including offices in Chicago, Houston, Baltimore, Sacramento, San Rafael, and many more.

Merit

Venture Round in 2018
Merit, founded in 2015 and based in Millbrae, California, operates a verified identity platform designed to enhance transparency and trust in people-data. The platform enables organizations to make informed decisions and engage effectively with individuals, thus supporting their missions efficiently. Merit collaborates with private, state, and municipal entities to address pressing issues in various sectors, including workforce development, emergency services, licensing, education, and defense readiness. By facilitating connections between organizations and individuals, Merit’s technology establishes a verified identity network that acts as a reliable source of truth, fostering trust within entire ecosystems.

Camino

Seed Round in 2017
Camino.ai develops workflow based software. It offers permit guide, a virtual assistant for your permit process. The company serves individuals, government, and companies. The company was founded in 2017 and is based in San Francisco, California.

Neighborly

Series A in 2017
Neighborly Corporation, based in San Francisco, operates an online community investment marketplace that connects individual retail investors with the municipal bond market. This platform facilitates funding for essential public projects such as schools, parks, and infrastructure, enabling individuals to invest directly in their communities. Founded in 2012, Neighborly aims to democratize access to public finance and help issuers attract a diverse range of investors while managing ongoing relations. In contrast, Neighborly, Inc., established in Waco, Texas, provides a wide range of residential and commercial restoration and cleaning services through its extensive network of franchises. Originally known as The Dwyer Group, Inc., it has expanded significantly since its founding in 1970. Neighborly, Inc. serves clients across multiple countries, offering services that include plumbing, HVAC maintenance, electrical repairs, and various cleaning and landscaping solutions, all aimed at enhancing the quality of life for homeowners and businesses.

GlacierGrid

Seed Round in 2017
CoInspect is a technology startup whose mission is to protect our food and our planet. We build technology to ensure food safety and sustainability from farm to fork. Our IoT-based 24/7 temperature monitoring sensors and mobile checklist app eliminate food waste, improve safety and reduce refrigeration emissions, protecting millions worldwide. We’re deployed across 5,000+ restaurants, retailers and manufacturers with leading brands including Starbucks, McDonalds, TGI Fridays, Chick-fil-A, and 7-Eleven. Founded by experienced entrepreneurs from Harvard and Columbia, we’re a mission-driven team passionate about making the world better and safer. We are based in San Francisco and supported by renowned venture capitalists including D.E. Shaw and Social Capital.

Mark43

Series B in 2016
Mark43, Inc. specializes in developing innovative software solutions for law enforcement agencies. The company's primary products include Mark43 RMS, an integrated application for managing law enforcement data, and Mark43 CAD, a cloud-based solution designed for emergency response management. These applications facilitate seamless data collection, management, analysis, and sharing, while offering features such as bi-directional syncing, mission-critical AVL mapping, and automatic status timers. Both Mark43 CAD and RMS are interconnected with federal, state, and local databases, providing enhanced cloud mobility. Founded in 2012 and headquartered in New York City, Mark43 aims to empower communities and improve public safety through advanced technology.

SeamlessDocs

Series B in 2016
SeamlessDocs empowers governments to go paperless and deliver better online services to citizens and staff. They specialize in form automation software and offer solutions to help governments go digital, deliver online services, and automate business processes. To date, SeamlessDocs has worked with hundreds of local and state agencies across the US, allowing millions of citizens to submit online forms from any browser or device with eSignatures, payments, and attachments. By providing governments with the tools to digitize their paper processes, the company hopes to shed light on its mission statement: "Government is Beautiful."

SchoolMint

Series A in 2016
SchoolMint is a cloud-based platform designed to streamline student enrollment and school choice for PreK-12 education systems globally. Founded in 2013, the company has served over 6,000 schools, offering solutions that encompass student registration management, application processing, lottery systems, and digital document submissions. SchoolMint's services are accessible via both web and mobile, facilitating a user-friendly experience for school staff and families. The platform integrates seamlessly with various student information systems (SIS), transforming the admissions process into a simpler and more secure experience.

Mark43

Series A in 2015
Mark43, Inc. specializes in developing innovative software solutions for law enforcement agencies. The company's primary products include Mark43 RMS, an integrated application for managing law enforcement data, and Mark43 CAD, a cloud-based solution designed for emergency response management. These applications facilitate seamless data collection, management, analysis, and sharing, while offering features such as bi-directional syncing, mission-critical AVL mapping, and automatic status timers. Both Mark43 CAD and RMS are interconnected with federal, state, and local databases, providing enhanced cloud mobility. Founded in 2012 and headquartered in New York City, Mark43 aims to empower communities and improve public safety through advanced technology.

SeamlessDocs

Series A in 2015
SeamlessDocs empowers governments to go paperless and deliver better online services to citizens and staff. They specialize in form automation software and offer solutions to help governments go digital, deliver online services, and automate business processes. To date, SeamlessDocs has worked with hundreds of local and state agencies across the US, allowing millions of citizens to submit online forms from any browser or device with eSignatures, payments, and attachments. By providing governments with the tools to digitize their paper processes, the company hopes to shed light on its mission statement: "Government is Beautiful."

SmartProcure

Series B in 2014
SmartProcure, LLC is a company based in Deerfield Beach, Florida, founded in 2011, that specializes in providing a comprehensive database of government purchase orders across the United States. By aggregating purchasing data from local, state, and federal agencies, SmartProcure enhances the procurement process for both government agencies and vendors. It allows agencies to access historical purchase order information, enabling them to secure better pricing and optimize their purchasing strategies. For vendors, SmartProcure offers insights into demand and pricing trends, facilitating informed decision-making. The company's web-based solution features powerful analytic and reporting tools, making it easier for users to navigate and analyze an extensive collection of government purchasing information. Through its platform, SmartProcure fosters a collaborative environment that enhances efficiency in government procurement.

MindMixer

Series C in 2014
MindMixer connects municipal decision makers and elected officials with their constituents in a cost-effective and engaging manner. Additionally, MindMixer provides an active and convenient way for citizens to be involved in guiding decisions and policy.
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