GovTech Fund

GovTech Fund is a venture capital firm focused exclusively on investing in startups within the government technology sector. Founded in September 2014, it is based in the United States and aims to enhance the efficiency of government operations through innovative hardware and software solutions. The firm identifies companies that develop modern technology tools capable of improving the daily functions of government departments and optimizing service delivery to citizens. These tools include project management, procurement, infrastructure tracking, zoning regulation, healthcare delivery, tax collection, licensing, and utility management. As the first venture capital fund dedicated to this niche, GovTech Fund has raised $23 million and plans to support 15 to 20 startups with average investments of around $500,000.

32 past transactions

Authorium

Series A in 2025
Authorium operates a document process automation platform that enhances the efficiency of procurement, contracts, grants, and budgeting processes. The platform automates complex workflows by transforming unstructured data within large document sets into actionable insights, allowing government agencies and organizations to address urgent challenges more rapidly. By replacing outdated, siloed applications with modern, cloud-based solutions, Authorium unlocks valuable data trapped in traditional documents, facilitating compliance and improving cross-functional collaboration. This approach not only streamlines operations but also enhances review and approval processes, ultimately freeing staff to focus on higher-value tasks. The platform is designed to integrate seamlessly with existing enterprise resource planning and operational systems, ensuring that users—from project specialists to senior administrators—can derive meaningful insights to support decision-making.

Colab.re

Venture Round in 2023
Colab.re is a citizen-to-government engagement platform, where citizens socially interact to report city's daily issues, suggest urban improvements and rate public services. On the other end, they offer governments a freemium CRM and Workflow management tool. They currently (march 2016) have +150k users in Brazil, +100 clients including municipalities, state governments, federal departments and utility companies. They believe in creating better cities for the people, with the people.

GlacierGrid

Series A in 2023
GlacierGrid is a venture-backed company that specializes in optimizing energy use strategies for businesses, focusing on energy savings, operational efficiency, and sustainability. The company employs Internet of Things (IoT) technology to facilitate real-time monitoring and analytics, enabling clients to refine their energy consumption practices. By utilizing wireless temperature and humidity sensors, GlacierGrid collects accurate data to minimize risks associated with data loss and inaccuracies, thereby reducing inventory waste. This approach allows business owners and managers to gain timely insights into equipment performance and energy usage, ultimately aiding in informed decision-making and enhancing operational effectiveness while lowering their carbon footprint.

Merit

Series B in 2022
Merit International Inc., founded in 2014 and headquartered in Millbrae, California, specializes in designing and developing software that facilitates the management of paper certificates, ledgers, and identification cards. The company’s verified identity platform enhances visibility and trust in people-data, enabling organizations to make informed decisions and engage effectively with individuals. Merit collaborates with private, state, and municipal organizations to address significant challenges in sectors such as workforce development, emergency services, licensing, education, and defense readiness. By leveraging technology to connect organizations and individuals, Merit supports a reliable verified identity network that acts as a trusted source of information for various ecosystems.

Builders Patch

Seed Round in 2021
Builders Patch is a developer of a data analytics and due diligence workflow tool focused on construction management. The platform facilitates collaboration among builders by providing a centralized space for managing deals from acquisition to financing. It enhances the efficiency of raising construction finance through its marketplace, allowing all partners to access real-time information and analytics. The tool streamlines the construction lending process for affordable housing by automating repetitive tasks such as underwriting memos, document collection, task management, and asset management. This comprehensive approach enables clients to effectively manage their projects and portfolios.

Bludot / Open Rewards

Seed Round in 2021
Bludot is building the technology layer that transforms local commerce

OmniSync Incorporated

Seed Round in 2021
OmniSync is a San Diego-based startup that helps democratize access to public/private innovation funds. The company's flagship product, TurboSBIR is used by thousands of deep tech and life science startups to access agency-wide Small Business Innovation Research (SBIR)/Small Business Technology Transfer (STTR) grants and contracts to fund product development. OmniSync uses a combination of best-in-class AI/NLP-powered innovation discovery tools, process automation software, and efficient expert-driven support systems.

GlacierGrid

Funding Round in 2021
GlacierGrid is a venture-backed company that specializes in optimizing energy use strategies for businesses, focusing on energy savings, operational efficiency, and sustainability. The company employs Internet of Things (IoT) technology to facilitate real-time monitoring and analytics, enabling clients to refine their energy consumption practices. By utilizing wireless temperature and humidity sensors, GlacierGrid collects accurate data to minimize risks associated with data loss and inaccuracies, thereby reducing inventory waste. This approach allows business owners and managers to gain timely insights into equipment performance and energy usage, ultimately aiding in informed decision-making and enhancing operational effectiveness while lowering their carbon footprint.

TrueRoll

Pre Seed Round in 2020
TrueRoll is a developer of property tax exemption software designed to assist governments in maintaining accurate property tax rolls. By leveraging data science and machine learning technology, the platform identifies both unqualified and unclaimed homestead exemptions, thereby helping local governments generate new revenue while fostering trust with citizens. TrueRoll aims to streamline the process of property tax management, allowing governments to avoid lengthy and expensive audits while enhancing the overall accuracy of property tax information.

Skymind

Series A in 2019
Skymind is a technology company that specializes in artificial intelligence and machine learning, primarily through its development of Deeplearning4j, an open-source deep-learning framework for the Java Virtual Machine (JVM). The company focuses on providing tools for data analysis in industrial operations and supply chains, enabling businesses to leverage large-scale data for rapid processing and analysis. Skymind's platform supports various open-source frameworks, facilitating the creation of predictive models and tools for enhanced decision-making in areas such as manufacturing, supply chain optimization, and machine perception. By integrating advanced AI capabilities, Skymind helps organizations optimize their operations through improved data analytics and decision-making processes. Founded in 2014 and based in Alameda, California, Skymind aims to empower users with intuitive applications that utilize deep reinforcement learning for complex industrial scenarios.

Skymind

Series A in 2019
Skymind is a technology company that specializes in artificial intelligence and machine learning, primarily through its development of Deeplearning4j, an open-source deep-learning framework for the Java Virtual Machine (JVM). The company focuses on providing tools for data analysis in industrial operations and supply chains, enabling businesses to leverage large-scale data for rapid processing and analysis. Skymind's platform supports various open-source frameworks, facilitating the creation of predictive models and tools for enhanced decision-making in areas such as manufacturing, supply chain optimization, and machine perception. By integrating advanced AI capabilities, Skymind helps organizations optimize their operations through improved data analytics and decision-making processes. Founded in 2014 and based in Alameda, California, Skymind aims to empower users with intuitive applications that utilize deep reinforcement learning for complex industrial scenarios.

Camino

Seed Round in 2018
Camino.ai, founded in 2017 and based in San Francisco, California, develops workflow-based software aimed at enhancing the permitting and development processes for cities and counties. The company partners with government entities and private sector clients to streamline economic development, enabling them to attract new businesses and promote community growth. Its flagship product, Permit Guide, serves as a virtual assistant to guide users through the permit application process. By integrating artificial intelligence into its software, Camino.ai creates an intuitive and efficient experience for both government staff and users, transforming traditional workflows into a digital format that simplifies tasks such as permit applications, plan submissions, and inspection scheduling. The goal is to make these processes as straightforward as booking a flight online, thereby supporting the creation of safe and affordable housing and fostering vibrant communities.

Pando

Seed Round in 2018
Pando is a healthcare communication platform aimed at enhancing teamwork and secure collaboration among professionals in health and social care. It provides essential tools for hospital staff, including secure instant messaging, patient profiles, and photograph sharing. The platform also features efficient task management capabilities and facilitates instant connections between colleagues, allowing doctors and nurses to communicate effectively while performing their duties. By streamlining communication, Pando helps save time and improve the quality of patient care.

SeamlessDocs

Series C in 2018
SeamlessDocs is a leading provider of online government services, established in 2012, that facilitates the digital transformation of governmental processes. The platform enables agencies to convert traditional PDF documents into interactive web forms, allowing for the acceptance of eSignatures, processing of payments, and management of submission data. By streamlining workflows, SeamlessDocs enhances the efficiency of IT and administrative functions for more than 400 municipal departments across the United States, Canada, and the Caribbean. The company's solutions aim to simplify and improve the user experience in government operations.

Mark43

Series C in 2018
Mark43, Inc. specializes in developing innovative software solutions for law enforcement agencies. Its primary offerings include the Mark43 Records Management System (RMS), which facilitates data collection and management, and the Mark43 Computer-Aided Dispatch (CAD) system, a cloud-based solution designed for emergency response. These platforms enable law enforcement officials to efficiently gather, manage, analyze, and share critical information, including criminal profiles and activity updates. By linking to federal, state, and local databases, Mark43's software enhances decision-making and resource allocation through advanced analytics tools that provide valuable insights into crime patterns and hotspots. Founded in 2012 and headquartered in New York, Mark43 aims to improve public safety and community well-being by leveraging cutting-edge technology in law enforcement.

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 International Inc., founded in 2014 and headquartered in Millbrae, California, specializes in designing and developing software that facilitates the management of paper certificates, ledgers, and identification cards. The company’s verified identity platform enhances visibility and trust in people-data, enabling organizations to make informed decisions and engage effectively with individuals. Merit collaborates with private, state, and municipal organizations to address significant challenges in sectors such as workforce development, emergency services, licensing, education, and defense readiness. By leveraging technology to connect organizations and individuals, Merit supports a reliable verified identity network that acts as a trusted source of information for various ecosystems.

Camino

Seed Round in 2017
Camino.ai, founded in 2017 and based in San Francisco, California, develops workflow-based software aimed at enhancing the permitting and development processes for cities and counties. The company partners with government entities and private sector clients to streamline economic development, enabling them to attract new businesses and promote community growth. Its flagship product, Permit Guide, serves as a virtual assistant to guide users through the permit application process. By integrating artificial intelligence into its software, Camino.ai creates an intuitive and efficient experience for both government staff and users, transforming traditional workflows into a digital format that simplifies tasks such as permit applications, plan submissions, and inspection scheduling. The goal is to make these processes as straightforward as booking a flight online, thereby supporting the creation of safe and affordable housing and fostering vibrant communities.

GlacierGrid

Seed Round in 2017
GlacierGrid is a venture-backed company that specializes in optimizing energy use strategies for businesses, focusing on energy savings, operational efficiency, and sustainability. The company employs Internet of Things (IoT) technology to facilitate real-time monitoring and analytics, enabling clients to refine their energy consumption practices. By utilizing wireless temperature and humidity sensors, GlacierGrid collects accurate data to minimize risks associated with data loss and inaccuracies, thereby reducing inventory waste. This approach allows business owners and managers to gain timely insights into equipment performance and energy usage, ultimately aiding in informed decision-making and enhancing operational effectiveness while lowering their carbon footprint.

Mark43

Series B in 2016
Mark43, Inc. specializes in developing innovative software solutions for law enforcement agencies. Its primary offerings include the Mark43 Records Management System (RMS), which facilitates data collection and management, and the Mark43 Computer-Aided Dispatch (CAD) system, a cloud-based solution designed for emergency response. These platforms enable law enforcement officials to efficiently gather, manage, analyze, and share critical information, including criminal profiles and activity updates. By linking to federal, state, and local databases, Mark43's software enhances decision-making and resource allocation through advanced analytics tools that provide valuable insights into crime patterns and hotspots. Founded in 2012 and headquartered in New York, Mark43 aims to improve public safety and community well-being by leveraging cutting-edge technology in law enforcement.

SeamlessDocs

Series B in 2016
SeamlessDocs is a leading provider of online government services, established in 2012, that facilitates the digital transformation of governmental processes. The platform enables agencies to convert traditional PDF documents into interactive web forms, allowing for the acceptance of eSignatures, processing of payments, and management of submission data. By streamlining workflows, SeamlessDocs enhances the efficiency of IT and administrative functions for more than 400 municipal departments across the United States, Canada, and the Caribbean. The company's solutions aim to simplify and improve the user experience in government operations.

SchoolMint

Series A in 2016
SchoolMint is a cloud-based platform designed to simplify student enrollment and school choice for PreK-12 educational systems worldwide. Established in 2013, it has been adopted by over 6,000 schools to manage various aspects of the enrollment process, including student registration, applications, lottery management, and digital document submissions. The platform is accessible online and on mobile devices, and it seamlessly integrates with leading student information systems (SIS). By transforming the enrollment experience, SchoolMint enhances communication between parents and schools, facilitating a more efficient admission process for independent, charter, and district schools.

Mark43

Series A in 2015
Mark43, Inc. specializes in developing innovative software solutions for law enforcement agencies. Its primary offerings include the Mark43 Records Management System (RMS), which facilitates data collection and management, and the Mark43 Computer-Aided Dispatch (CAD) system, a cloud-based solution designed for emergency response. These platforms enable law enforcement officials to efficiently gather, manage, analyze, and share critical information, including criminal profiles and activity updates. By linking to federal, state, and local databases, Mark43's software enhances decision-making and resource allocation through advanced analytics tools that provide valuable insights into crime patterns and hotspots. Founded in 2012 and headquartered in New York, Mark43 aims to improve public safety and community well-being by leveraging cutting-edge technology in law enforcement.

SeamlessDocs

Series A in 2015
SeamlessDocs is a leading provider of online government services, established in 2012, that facilitates the digital transformation of governmental processes. The platform enables agencies to convert traditional PDF documents into interactive web forms, allowing for the acceptance of eSignatures, processing of payments, and management of submission data. By streamlining workflows, SeamlessDocs enhances the efficiency of IT and administrative functions for more than 400 municipal departments across the United States, Canada, and the Caribbean. The company's solutions aim to simplify and improve the user experience in government operations.

SmartProcure

Series B in 2014
SmartProcure, LLC is a company based in Deerfield Beach, Florida, that specializes in aggregating and providing access to government purchase order data in the United States. Founded in 2011, it collaborates with local, state, and federal agencies to enhance the procurement process by making detailed purchasing information available. SmartProcure's web-based platform offers a comprehensive database that includes product descriptions, quantities, pricing, and vendor profiles, enabling agencies to make informed purchasing decisions and improve their purchasing power. The platform also provides analytical and reporting tools that allow vendors to analyze demand and pricing for their products and services. By facilitating information sharing among government agencies and vendors, SmartProcure aims to streamline the procurement process and promote cost savings for government entities.
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