GovForce Raises $2.5M in Seed Funding
- GovForce, a Washington, DC-based technology company designed specifically to power performance and compliance for government contractors, raised $2.5M in Seed funding
- The round was led by QED Investors and Humba Ventures, with participation from Cambrian and NextGen Venture Partners
- The company intends to use the funds to accelerate the launch and distribution of its software as a service platform
- The company provides a SaaS platform designed to help prime contractors monitor performance and prime contract compliance with subcontractors
- It enables government contractors (GovCons) to stay organized, work across teams, and manage projects and relationships, all with the standards of data privacy and security