GovDash, a startup offering artificial intelligence for government contracting, revealed today that it has raised $30 million in new funding to invest in customer success and continue growing its presence in New York and Virginia.
Founded in 2021, GovDash, formally Realize Inc., offers an AI-powered software platform designed to help companies that pursue contracts with the U.S. government manage the entire contracting lifecycle more efficiently. The company’s platform was built specifically for the government contracting sector, where GovDash argues that traditional tools often can’t handle complex compliance and workflow requirements.
GovDash allows contractors to identify and prioritize government contract opportunities by using AI to surface relevant solicitations based on a company’s capabilities and past performance.
Once an opportunity is identified, the GovDash platform supports the capture and proposal process through tools that manage pipeline tracking, compliance requirements and automated content creation. The system can read solicitation documents, build compliance matrices, generate annotated outlines and produce high-quality proposal drafts that align with federal requirements.
GovDash’s platform includes contract management and delivery tools that help organizations track contract performance, modifications and compliance after award. By providing end-to-end coverage, teams stay organized and the administrative burden that often slows down government contractors is reduced.
Users can also centralize documents, maintain version control and leverage past performance data to inform future bids.
Since last raising Series A funding of $10 million in April 2024, GovDash has seen impressive growth, with revenue increasing by 16 times, its number of customers growing by 18 times to nearly 200 companies, and a staff that has grown from three employees to 45.
Notable GovDash customers include SPATHE Systems LLC, Blue Rose Consulting LLC, Aviation Training Consulting LLC, Threat Tec LLC, PowerTrain Inc., Schatz Group LLC, Brite Group LLC, iWorks Corp., JSL LLC, BrennSys Inc., Sumaria Systems Inc. and Scale AI Inc.
The Series B funding round was led by Mucker Capital and British Columbia Investment Management Corporation, with previous investors Northzone Ventures AB and Y Combinator also participating.
“The U.S. government depends on a strong private sector to execute critical missions, but the systems supporting that relationship have not kept pace,” said Sanjiv Kalevar, a partner at Mucker Capital. “GovDash is building the modern infrastructure that allows companies to work with the government at the speed and scale the moment requires. We believe this platform will play a foundational role in strengthening public and private sector collaboration.”
Image: GovDash
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