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Venture Capital News: Govly Raises $9.5M Series A Round

2023-11-06
SAN FRANCISCO, CA, Govly, a market network for public sector procurement, has announced $9.5 million in Series A funding, bringing its total capital raised since 2019 to $13.1 million.
Global software investor Insight Partners led the funding round with participation from YCombinator, FundersClub, and NordicEye. Govly will use the funding to build new products that further its mission of making selling to governments simple and transparent.

Founded in 2021, Govly was created with the mission of making public sector procurement simple, transparent and competitive. Over 200 companies use Govly to network with partners, identify opportunities and collaborate on submitting bids.
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