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Govtech Fund Launches $25mn Second Fund

Govtech Fund today announced the launch of its second fund, a $25M early stage venture fund focused on rapid-growth startups that are modernizing the $500B global government software and IT market and, in turn, repairing society's connective tissue. Since its launch in 2014, Govtech Fund's first venture fund has invested in fifteen govtech startups focused on new software tools for government employees that significantly improve how they deliver a wide array of government services including foster care, law enforcement, parking management, municipal bond issuance, procurement, food safety, and education administration, to name just a few. Govtech Fund's early stage portfolio companies have attained double-digit monthly growth attracting more than $200M in...