About GovPort
GovPort is a Government & Social Sector company based in Washington (United States) founded in 2022 by Brendon DiBella, Jason Mitchell, and Tonio DeSorrento. Contract management software for government agencies is developed. GovPort has raised $5.3 million across 2 funding rounds from investors including NextGen Venture Partners, QED Investors and Humba Ventures. Its chief executive, as recorded, is Tonio DeSorrento. Its focus areas include Enterprise Applications, GovTech and Suite. Its competitors include CityBase, Polimorphic and Edmunds GovTech; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Washington, United States
- Founders Brendon DiBella, Jason Mitchell, Tonio DeSorrento
- SectorsGovernment & Social Sector
- Email••••••••
- Phone•••• ••••
- Website govport.com
- Social LinkedIn X
- Total Equity Funding$5.3M (USD)
in 2 rounds
- Latest Funding Round$2.8M (USD), Seed
Jul 2024
- InvestorsNextGen Venture Partners
& 5 more
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.
- Total Funding $5.3M
- Total Rounds 2
- Last Round Seed — $2.8M
- First Round $2.5M
(Feb 2023)
- Investors Count 6
All 2 funding rounds of GovPort with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2024 | $2.8M | Seed | – | PruVen Capital, Fin Capital | |
| Feb 2023 | $2.5M | Seed | – | QED Investors, Humba Ventures |
6 investors in total: 6 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund investing in early-stage start-ups | qedinvestors.com | Alexandria, United States | ||
Humba Ventures is engaged in investing in deep tech startups. | humbaventures.com | |||
Venture capital investments are directed toward multiple sectors. | 2011 | nextgenvp.com | Baltimore, United States | |
Pruven is engaged in venture capital investments for startups. | pruvencap.com | |||
Venture capital firm focused on fintech and B2B SaaS companies | fin.capital | San Francisco, United States | ||
Early-stage fintech venture capital firm offering funding and access to networks. | 2020 | cambrianhq.com | Canada |
Investor details for GovPort
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of GovPort
8 people are tracked at GovPort (5 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Brendon DiBella | Co-Founder | Leadership |
Jason Mitchell | Co-Founder | Leadership |
Tonio DeSorrento | Co-Founder & CEO | Leadership |
Mary Callard Ichton | Head Of Product | Leadership |
Jimettra Lundy | President Of The Interim Firm | Leadership |
Sam Kirschner | Advisor | Team |
Blaine Klusky | Principal, Hearken Advisors | Team |
Justin S. | Lead Software Engineer | Team |
Complete people profiles for GovPort
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of GovPort
3 dated milestones of GovPort across 2 years, from founding to its latest funding, stage changes and deals.
- Founded GovPort is founded.
- Funding First funding round of $2.5M.
- Funding Latest funding round, Seed, of $2.8M.
Competitors of GovPort
GovPort has 3 listed competitors in our database, 2 of them funded. They include CityBase, Polimorphic and Edmunds GovTech.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| thecitybase.com | 2011 | Chicago, United States | $21.11M | 77 | Cloud-based solutions are provided for streamlining smart city operations. | |
| polimorphic.com | 2018 | Palo Alto, United States | $24.24M | Cloud-based solutions for government operations and administration are provided. | ||
| edmundsgovtech.com | 1972 | Northfield, United States | Cloud-based software solutions for government financial operations are provided. |
Detailed competitors of GovPort
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in GovTech
3 companies that operate in the same segment as GovPort (GovTech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Axon is focused on developing public safety technology solutions. | 1993 | Scottsdale, Arizona, United States | USD 2.78 B | 4,100 | ||
Administrative tools and civic engagement platforms are provided to governments. | 1999 | San Ramon, California, United States | USD 235.62 M | |||
Cloud-based software for visualizing municipal financial data is provided. | 2012 | Redwood City, California, United States | USD 182.12 M | USD 2.39 M | 90 |
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Related news about 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 CEO of GovPort, as recorded in our data. They have also founded this company.
GovPort is a funded company, having raised a total of $5.3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Feb 2023.
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 Polimorphic, CityBase and Edmunds GovTech.
GovPort has 6 investors. Key investors include NextGen Venture Partners, QED Investors, Humba Ventures, Cambrian Fintech, and Pruven.