About GovPort
GovPort is a company based in Washington (United States) founded in 2022 by Brendon DiBella, Jason Mitchell, and Tonio DeSorrento. GovPort has raised $5.3 million across 2 funding rounds from investors including NextGen Venture Partners, QED Investors and Humba Ventures. GovPort operates in a competitive market with competitors including KMD, CityBase, Polimorphic, cBrain and Edmunds GovTech, among others.
- Headquarter Washington, United States
- Founders Brendon DiBella, Jason Mitchell, Tonio DeSorrento
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Sectors
Government & Social Sector
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$5.3 M (USD)
in 2 rounds
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Latest Funding Round
$2.8 M (USD), Seed
Jul 17, 2024
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Investors
NextGen Venture Partners
& 5 more
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Employee Count
Not available
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People of GovPort
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Funding Insights of GovPort
GovPort has successfully raised a total of $5.3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.8 million completed in July 2024. 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 GovPort
GovPort has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include NextGen Venture Partners, QED Investors and Humba Ventures.
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Venture capital fund investing in early-stage start-ups
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Humba Ventures is engaged in investing in deep tech startups.
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Venture capital investments are directed toward multiple sectors.
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Investor details for GovPort
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Investments & Acquisitions by GovPort
Investment portfolio details for GovPort
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Financial Statements - GovPort
Detailed financials for GovPort
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Govport Comparisons
Peer comparison for GovPort
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Competitors of GovPort
GovPort 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 KMD, CityBase, Polimorphic, cBrain and Edmunds GovTech, among others.
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Software solutions are developed for public and corporate sectors.
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Cloud-based solutions are provided for streamlining smart city operations.
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Cloud-based solutions for government operations and administration are provided.
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Online suite solutions for government operations and administration are provided.
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Cloud-based software solutions for government financial operations are provided.
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Detailed competitors of GovPort
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Latest news on Govport
Complete news archive for GovPort
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Frequently Asked Questions about GovPort
GovPort was founded in 2022 and raised its 1st funding round 1 year after it was founded.
GovPort is headquartered in Washington, United States. It is registered at Washington, District Of Columbia, United States.
Tonio DeSorrento is the current CEO of GovPort. They have also founded this company.
GovPort is a funded company, having raised a total of $5.3M across 2 funding rounds to date.
GovPort was founded in 2022 as a provider of contract management software targeted at government agencies. Compliance for prime contract flowdowns is maintained through automated updates. A secure, centralized file vault is utilized for document access. Subcontractor documentation is handled via the platform, with data protection and privacy measures integrated. Operations focus on streamlining administrative processes in the public sector.
GovPort's top competitors include KMD, Polimorphic and cBrain.
GovPort has 6 investors. Key investors include NextGen Venture Partners, QED Investors, Humba Ventures, Cambrian Fintech, and Pruven.