About GovCIO
GovCIO is a company based in Fairfax (United States) founded in 2010 by Brian Moran was acquired by Welsh, Carson, Anderson & Stowe in October 2020.. The company has 371 employees as of December 31, 2019. GovCIO has completed 1 acquisition, including Salient CRGT. GovCIO offers products and services including IT Modernization, Digital Services, Data Services, and Cyber Security. GovCIO operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Fairfax, United States
- Employees 371 as on 31 Dec, 2019
- Founders Brian Moran
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Government Cio
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
371
as on Dec 31, 2019
- Investments & Acquisitions
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Acquired by
Welsh, Carson, Anderson & Stowe
(Oct 19, 2020)
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Products & Services of GovCIO
GovCIO offers a comprehensive portfolio of products and services, including IT Modernization, Digital Services, Data Services, and Cyber Security. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Updates government systems for efficiency and innovation
Develops user-focused products for government agencies
Manages data ecosystems to drive organizational innovation
Protects government data against emerging threats
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Funding Insights of GovCIO
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2020 | Amount | Private Equity Round - GovCIO | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in GovCIO
GovCIO has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Welsh, Carson, Anderson & Stowe. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Healthcare and technology sectors are targeted for private equity investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by GovCIO
GovCIO has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Salient CRGT. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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IT and consulting services are provided to federal government agencies.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - GovCIO
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Govcio Comparisons
Competitors of GovCIO
GovCIO operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Govcio
Frequently Asked Questions about GovCIO
When was GovCIO founded?
GovCIO was founded in 2010 and raised its 1st funding round 10 years after it was founded.
Where is GovCIO located?
GovCIO is headquartered in Fairfax, United States. It is registered at Fairfax, Virginia, United States.
Who is the current CEO of GovCIO?
Jim Brabston is the current CEO of GovCIO.
How many employees does GovCIO have?
As of Dec 31, 2019, the latest employee count at GovCIO is 371.
What does GovCIO do?
GovCIO was founded in 2010 and is headquartered in Fairfax, United States. Operations focus on the federal IT sector, where services such as software development, application support, cybersecurity, agile transformation, DevSecOps, data analytics, IT modernization, engineering, operations and maintenance, digitalization, cloud services, infrastructure operations, web development, user experience, and human-centered design are offered. Management consulting is also provided to support government clients.
Who are the top competitors of GovCIO?
GovCIO's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
What products or services does GovCIO offer?
GovCIO offers IT Modernization, Digital Services, Data Services, and Cyber Security.
How many acquisitions has GovCIO made?
GovCIO has made 1 acquisition, including Salient CRGT.
Who are GovCIO's investors?
GovCIO has 1 investor. Key investors include Welsh, Carson, Anderson & Stowe.