# Govly

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

- Industry: Software
- Headquarters: Denver, US
- Website: www.govly.com
- Total disclosed funding: $13M
- Latest round: Series A (Sep 7, 2023)
- Investors on record: 4

## About

Founded in 2021 and based in Colorado, US, Govly, Inc. operates as a software-as-a-service platform that enables businesses to collaborate and submit bids for government contracts. Mike Weiland (CEO), Nick Weiland (CTO), and Jon Wright are the co-founders of the company. In November 2023, Govly, Inc. raised USD 9.5 million in series A funding led by Insight Partners, with participation from other new investors Y Combinator, FundersClub, and Nordic Eye Venture Club. 

The company's software line includes options like Smart Search, which allows consumers to follow government opportunities across different contract vehicles. The firm’s automation tools relieve prime contractors of repetitive and time-consuming tasks in contract portals. Contractors can collaborate with their teams and partners by managing all their possibilities in one location with Govly, organized by Workspaces. The platform can automate ingestion and compliance tasks for prime contractors, as well as enable users to organize a calendar that integrates Govy Calendar into their personal or team calendars. The startup’s solutions include business intelligence, opportunity management, supply chain collaboration, partner networking, and contract management.

The organization generates revenue through its pricing options, which include USD 15,000 per year for both small startups and large enterprises and include features such as advanced opportunity search, saved searches with instant notifications, cross-organization collaboration, and data sharing with partnerships.

Govly, Inc. plans to use the series A funding to expand its product offerings.

## Funding rounds

- Series A, Sep 7, 2023, $13M — Insight Partners, Y Combinator, FundersClub, Fiftyfive Capital

## Investors

- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series A
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series A
- FundersClub (https://capitalatlas.ai/funds/fundersclub) — Series A
- Fiftyfive Capital (https://capitalatlas.ai/funds/fiftyfive-capital) — Series A