About Govly
Govly is a company based in Denver (United States) founded in 2019 by Mike Weiland. It operates as a SaaS (Software-as-a-Service) and Subscription Services. Govly has raised $13.26 million across 2 funding rounds from investors including FundersClub, Insight Partners and Y Combinator. Govly offers products and services including Govly Platform, Govly for Industry, and Govly for Government. Govly operates in a competitive market with competitors including PayEm, BirchStreet Systems, Concertiv, BuyerQuest and Omnea, among others.
- Headquarter Denver, United States
- Founders Mike Weiland
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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 Govly, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$13.26 M (USD)
in 2 rounds
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Latest Funding Round
$13.13 M (USD), Series A
Sep 07, 2023
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Investors
FundersClub
& 3 more
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Employee Count
Not available
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Products & Services of Govly
Govly offers a comprehensive portfolio of products and services, including Govly Platform, Govly for Industry, and Govly for Government.
Platform is designed for public sector sales workflows.
Tools are provided for contractors to win contracts.
Solutions are offered to streamline government procurement processes.
People of Govly
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Funding Insights of Govly
Govly has successfully raised a total of $13.26M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $13.13 million completed in September 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Govly
Govly has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include FundersClub, Insight Partners and Y Combinator.
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Investment firm scaling software and technology companies from early to late stages.
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Early-stage startups are accelerated via funding and educational programs.
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Early & growth stage VC firm investing in the US & France
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Investor details for Govly
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Investments & Acquisitions by Govly
Investment portfolio details for Govly
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Financial Statements - Govly
Detailed financials for Govly
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- Profit trends
- Statement rows
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Govly Comparisons
Peer comparison for Govly
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Govly
Govly 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 PayEm, BirchStreet Systems, Concertiv, BuyerQuest and Omnea, among others.
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SaaS expense management solutions are delivered for corporate organizations.
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Cloud-based procure-to-pay solutions are delivered for business management.
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Web-enabled end-to-end procurement management solutions are provided.
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Procure-to-pay software is provided for e-procurement and spend management.
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Web-enabled solutions for procurement orchestration in supply chains are offered.
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SaaS-based source-to-contract platform is provided for governments, utilities, and corporates.
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Detailed competitors of Govly
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Latest news on Govly
Complete news archive for Govly
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Frequently Asked Questions about Govly
Govly was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Govly is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Mike Weiland is the current CEO of Govly. They have also founded this company.
Govly is a funded company, having raised a total of $13.26M across 2 funding rounds to date.
Govly is established as a market network for government contractors and public sector sales. The platform is utilized by contractors, primes, and OEMs across industries, as well as government teams for procurement workflows. Solutions are provided to enhance visibility into federal and state opportunities, automate research, and facilitate collaboration. The platform is integrated with AI-powered tools for predictions and summaries, serving sectors like federal, state, local, and education markets. Comprehensive data and user-friendly features are offered to support pipeline growth and deal closures.
Govly's top competitors include Concertiv, Omnea and BirchStreet Systems.
Govly offers Govly Platform, Govly for Industry, and Govly for Government.
Govly has 4 investors. Key investors include FundersClub, Insight Partners, Y Combinator, and Nordic Eye.