# DemandStar Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/demandstar

- Industry: Internet
- Headquarters: Seattle, US
- Website: www.demandstar.com
- Total disclosed funding: $2M
- Latest round: Seed (Jun 16, 2020)
- Investors on record: 3

## About

Based in Washington, US, and founded in 2018, DemandStar Corporation is an online marketplace for bidding on government contracts that works as a link between government agencies and vendors. Ben Vaught (CEO) and Russ Mann are the co-founders of the company. In December 2022, GTY Technology Holdings Inc. acquired DemandStar Corporation from Version One Ventures, Advance Venture Partners, and Forefront Venture Partners. The company serves over 500 governments across 30 states.

The company offers an online platform that allows businesses to be automatically invited to bid on relevant projects, identify new prospects for growth, and submit and manage proposals. The firm connects both sides of the business-to-government sector, allowing governments to establish communities by having simple access to a diversified network of firms.

The organisation generates revenue through its subscription plans, which include business pricing, which includes a country plan for USD 25 per year per country, a state plan for USD 25 to USD 1050 depending on how many agencies in a state are in the DemandStar Network, and a national plan for USD 2,399 per year, as well as government pricing, which charges an annual fee for suppliers who want to expand their notifications to include many agencies or access other advanced features.

## Funding rounds

- Seed, Jun 16, 2020, $2M — Version One Ventures, Advance Venture Partners, Forefront Venture Partners

## Investors

- Version One Ventures (https://capitalatlas.ai/funds/version-one-ventures) — Seed
- Advance Venture Partners (https://capitalatlas.ai/funds/advance-venture-partners) — Seed
- Forefront Venture Partners (https://capitalatlas.ai/funds/forefront-venture-partners) — Seed
