Govtech Fund

Govtech Fund, established in 2014 and headquartered in San Francisco, is a pioneering venture capital firm focused on investing in government technology startups. It specializes in seed, early-stage, and later-stage investments, with a primary focus on companies developing software and hardware tools that enhance government operations and service delivery. The firm seeks to back innovative startups that offer cost-effective, modern technology solutions to government departments, such as tools for project management, procurement, infrastructure tracking, and citizen engagement. To date, Govtech Fund has raised $23 million and invested in several promising startups, with plans to back around 15 to 20 companies in total, each receiving an average investment of about $500,000.

Ronald Bouganim

Managing Partner and Founder

33 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 By replacing outdated, siloed applications with modern, cloud-based solutions, Authorium unlocks valuable data trapped in traditional documents, facilitating compliance and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 founded in 2012 and headquartered in São Paulo, Brazil. It facilitates social interactions between citizens and government entities, allowing individuals to report daily issues, suggest urban improvements, and rate public services. The platform also provides governments with a freemium customer relationship management (CRM) and workflow management tool. As of March 2016, Colab.re has over 150,000 users in Brazil and has partnered with more than 100 clients, including municipalities, state governments, federal departments, and utility companies. The company's mission centers on fostering collaboration between citizens and government to enhance urban living conditions.

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.

Column

Series A in 2022
Column is a public benefit company focused on enhancing the value of public information systems through technology. It offers a user-friendly public notice software platform designed to streamline operations for various clients, including governments, legal services, individuals, and businesses, who are mandated by law to publish notices. The company's platform simplifies the publication process and provides an application programming interface that grants read access to the public information ecosystem. This approach aims to make public information more accessible to the general public, thereby improving transparency and efficiency in the dissemination of essential notices.

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 a cloud-based platform designed to assist city governments in overseeing and analyzing the growth of local businesses. Founded by graduates from Stanford and Penn, the company aims to support and expand local economies through its business retention and expansion tools. The platform provides users with the ability to view and manage all firms within a city, offering features to search, filter, sort, and export data tailored to specific needs. By delivering data-driven insights, Bludot empowers economic development staff to manage workflows, track progress, and foster a more vibrant local business environment. The company has received backing from the Alchemist Accelerator in Silicon Valley.

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.

Therma

Venture Round in 2021
Therma Holdings is a specialized mechanical contractor that provides comprehensive design and build services for complex systems in mission-critical environments. The company excels in HVAC systems, high purity process piping, and process controls, catering primarily to cleanrooms, laboratories, and high-tech manufacturing facilities. With a robust suite of in-house capabilities, including engineering, design, fabrication, controls, pre-fabrication, and installation, Therma is well-equipped to meet the intricate demands of its clients. By focusing on delivering tailored solutions, Therma ensures the efficient operation of critical facilities across various industries.

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.

OpenLattice

Series A in 2019
OpenLattice, Inc. is a data infrastructure company founded in 2017 and based in Redwood City, California. It specializes in providing a cloud-based data management platform that enables government organizations to securely share and integrate sensitive data across various sectors, including public safety, healthcare, and social services. By linking individual-level data from previously siloed information systems, OpenLattice supports public servants in making informed, data-driven decisions. The platform is particularly focused on addressing societal challenges such as mass incarceration and the opioid epidemic, allowing state and local governments to implement targeted interventions based on comprehensive data analysis. Through its innovative approach, OpenLattice aims to improve operational efficiency and human outcomes within government organizations of all sizes.

Binti

Venture Round in 2019
Binti, Inc. is a technology company based in Oakland, California, that focuses on improving the foster care and adoption processes. Founded in 2013, Binti offers a platform that allows parents to complete home study paperwork online and connects them with a network of social workers and agencies for home visits and guidance throughout the adoption journey. The platform serves over 300 child welfare agencies across 33 states, assisting in the care of more than 30% of children in the U.S. child welfare system. Binti's software streamlines the recruitment, licensing, and matching of foster parents, while also supporting families in need to promote reunification with their children. The company's tools have demonstrated significant effectiveness, with agencies reporting an 80% increase in licensed families and reductions in approval times and social worker workload. Binti is committed to its mission of ensuring that every child has a safe and loving family, backed by investments from various venture capital firms.

Skymind

Series A in 2019
Skymind Inc., established in 2014 and headquartered in San Francisco, specializes in enterprise software and business intelligence. The company develops solutions that employ machine learning techniques, such as text, image, and sound analysis, to identify and quantify patterns that can impact businesses. Skymind is renowned for creating Deeplearning4j, an open-source deep-learning framework for the Java Virtual Machine (JVM). Additionally, Skymind offers ND4J, a scientific computing library designed for production environments with fast routines and minimal RAM requirements.

Skymind

Series A in 2019
Skymind Inc., established in 2014 and headquartered in San Francisco, specializes in enterprise software and business intelligence. The company develops solutions that employ machine learning techniques, such as text, image, and sound analysis, to identify and quantify patterns that can impact businesses. Skymind is renowned for creating Deeplearning4j, an open-source deep-learning framework for the Java Virtual Machine (JVM). Additionally, Skymind offers ND4J, a scientific computing library designed for production environments with fast routines and minimal RAM requirements.

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 Inc. is a software developer focused on enhancing local government operations through its flagship platform, Romulus. This customer relationship management solution is designed specifically for government workers, enabling them to manage constituent communications effectively. Romulus centralizes various aspects of constituent engagement, including service requests, conversations, and performance analytics, which assists government offices and elected officials in meeting the needs of their communities. By providing insights into constituent preferences and service trends, the platform helps streamline operations and improve civic engagement. Founded in 2014 and headquartered in Redwood City, California, Seneca Systems serves numerous clients across the United States, including major cities such as Chicago, Houston, and Baltimore.

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.

Neighborly

Series A in 2017
Neighborly Corporation is a San Francisco-based company that operates an online community investment marketplace, allowing individual retail investors to access the municipal bond market. This platform funds essential public projects, such as schools, parks, and infrastructure, enabling citizens to invest directly in their communities. Neighborly connects issuers with a diverse range of investors, facilitating ongoing investor relations and surveillance. Founded in 2012, Neighborly aims to democratize access to public finance, thereby enhancing community engagement in civic projects. Additionally, Neighborly, Inc., formerly known as The Dwyer Group, provides a wide array of residential and commercial restoration and cleaning services through its extensive network of franchises. With a history dating back to 1970, the company has grown to encompass 21 service-based brands across several countries, offering essential services including plumbing, HVAC, and home maintenance. Neighborly is committed to supporting franchisees and enhancing the quality of life for homeowners through affordable service solutions.

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 streamline student enrollment and school choice for PreK-12 educational institutions globally. Founded in 2013, the company has been adopted by over 6,000 schools, offering solutions for student registration management, application processing, lottery coordination, and digital documentation. The platform is accessible both online and via mobile devices, allowing for seamless integration with leading student information systems. By transforming the enrollment experience, SchoolMint facilitates improved communication between parents and schools throughout the admission process, making it easier for independent, charter, and district schools to manage student admissions effectively.

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.

MindMixer

Series C in 2014
MindMixer is a platform that facilitates communication between municipal decision makers and elected officials and their constituents. It offers a cost-effective and engaging method for citizens to participate in the decision-making process, allowing them to influence policies and initiatives in their communities. By providing an accessible way for residents to share their opinions and suggestions, MindMixer enhances civic engagement and fosters a collaborative environment for local governance.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.