GovTech Software Company Govly Announces $9.5 Million in Series A Funding to Fuel Product Development
SAN FRANCISCO, Nov. 2, 2023 /PRNewswire/ -- Govly, a market network for public sector procurement, today announced $9.5 million in Series A funding, bringing its total capital raised since 2019 to $13.1 million.
- SAN FRANCISCO, Nov. 2, 2023 /PRNewswire/ -- Govly, a market network for public sector procurement, today announced $9.5 million in Series A funding, bringing its total capital raised since 2019 to $13.1 million.
- Global software investor Insight Partners led the funding round with participation from YCombinator, FundersClub, and NordicEye.
- Govly will use the funding to build new products that further its mission of making selling to governments simple and transparent.
- Many contracts are not published or available to the public, and those that are end up buried within byzantine government portals.