GovForce: Raises $2.5M in Seed Funding

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
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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