About GovComm
GovComm is a company based in Fort Lauderdale (United States) founded in 2012 by Svetoslav Veltchev was acquired by Synapse ITS in June 2025.. GovComm offers products and services including Wrong Way Vehicle Detection System, Traffic Monitoring Statistics, Speed Enforcement, Intersection Management, and ITS Cameras. GovComm operates in a competitive market with competitors including Miovision, Circuit, Trafi, NoTraffic and TransLoc, among others.
- Headquarter Fort Lauderdale, United States
- Founders Svetoslav Veltchev
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Sectors
TechnologyTransportation, Automotive & Logistics
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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 Govcomm Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Synapse ITS
(Jun 05, 2025)
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Products & Services of GovComm
GovComm offers a comprehensive portfolio of products and services, including Wrong Way Vehicle Detection System, Traffic Monitoring Statistics, Speed Enforcement, Intersection Management, and ITS Cameras. 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.
Detects wrong-way drivers and sends alerts to prevent accidents.
Collects real-time traffic data for analysis and congestion management.
Monitors and documents speed violations in sensitive areas.
Optimizes signal control to reduce congestion at intersections.
Provides high-definition monitoring for traffic and safety oversight.
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Funding Insights of GovComm
| 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 GovComm
GovComm has secured backing from 1 investor. Prominent investors backing the company include Synapse ITS. 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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Monitoring and analysis solutions are provided to traffic operators.
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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 GovComm
| 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 |
Financial Statements - GovComm
| 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 |
Govcomm Comparisons
Competitors of GovComm
GovComm 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 Miovision, Circuit, Trafi, NoTraffic and TransLoc, 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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| domain | founded_year | HQ Location |
Traffic data collection and management solutions are provided.
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| domain | founded_year | HQ Location |
An app-based platform for electric vehicle shuttle services is operated.
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| domain | founded_year | HQ Location |
Mobility app and MaaS solutions are provided for transit users.
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| domain | founded_year | HQ Location |
AI-enabled automatic traffic management solutions are provided for operators.
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| domain | founded_year | HQ Location |
End-to-end software solutions for microtransit operators are provided.
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| domain | founded_year | HQ Location |
Actionfigure is engaged in providing intelligent transportation data solutions.
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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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| domain | founded_year | HQ Location |
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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Frequently Asked Questions about GovComm
When was GovComm founded?
GovComm was founded in 2012.
Where is GovComm located?
GovComm is headquartered in Fort Lauderdale, United States. It is registered at Fort Lauderdale, Florida, United States.
What does GovComm do?
GovComm was founded in 2012 in Fort Lauderdale, United States, as a provider in the smart city transportation sector. Operations focus on intelligent transportation systems, including ITS cameras, video vehicle detection, license plate recognition, traffic detection, parking guidance, and facial recognition. These technologies are applied in critical infrastructure, government, homeland defense, military, safety, and security environments to support urban mobility and surveillance needs.
Who are the top competitors of GovComm?
What products or services does GovComm offer?
GovComm offers Wrong Way Vehicle Detection System, Traffic Monitoring Statistics, Speed Enforcement, Intersection Management, and ITS Cameras.
Who are GovComm's investors?
GovComm has 1 investor. Key investors include Synapse ITS.