About OpenGov
OpenGov is a company based in Redwood City (United States) founded in 2012 was acquired by Cox Enterprises in February 2024. OpenGov has raised $182.12 million across 7 funding rounds from investors including Cypress Semiconductor, Cox Enterprises and Weatherford Capital. The company has 90 employees as of April 01, 2024. OpenGov has completed 8 acquisitions, including Cartegraph, Clear Rec and Ignatius. OpenGov offers products and services including Asset Management, Budgeting & Performance, Permitting & Licensing, Procurement & Contract Management, and Tax & Revenue Collection. OpenGov operates in a competitive market with competitors including Accela, CivicPlus, i3 Verticals, Unison and CentralSquare, among others.
- Headquarter Redwood City, United States
- Employees 90 as on 01 Apr, 2024
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Sectors
Government & Social SectorTechnology
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Phone
Locked
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Website
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Social
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- Legal Name Opengov India Private Limited
- Date of Incorporation 02 Feb, 2022
- Jurisdiction Pune City, Maharashtra, India
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Annual Revenue
$2.39 M (USD)0as on Mar 31, 2023
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Net Profit
$232.03 K (USD)0as on Mar 31, 2023
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EBITDA
$319.71 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$182.12 M (USD)
in 7 rounds
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Latest Funding Round
$50 M (USD), Series E
Jun 01, 2021
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Investors
Cypress Semiconductor
& 16 more
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Employee Count
90
as on Apr 01, 2024
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Investments & Acquisitions
Cartegraph
& 7 more
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Acquired by
Cox Enterprises
(Feb 27, 2024)
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Products & Services of OpenGov
OpenGov offers a comprehensive portfolio of products and services, including Asset Management, Budgeting & Performance, Permitting & Licensing, Procurement & Contract Management, and Tax & Revenue Collection.
Software for managing government assets and work orders efficiently.
Tools for government budgeting and performance tracking processes.
Platform for handling permits, licenses, and inspections seamlessly.
System for automating procurement workflows and supplier engagements.
Solutions for tax billing, collections, and financial reporting tasks.
People of OpenGov
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Leadership Team
36 people
Software Development Team
31 people
Sales and Marketing
17 people
Implementation Team
12 people
Data Analysis and Operations Team
11 people
Project Team
11 people
Product Management Team
10 people
Finance and Accounting
10 people
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Funding Insights of OpenGov
OpenGov has successfully raised a total of $182.12M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $50 million completed in June 2021. 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 OpenGov
OpenGov has secured backing from 17 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Cypress Semiconductor, Cox Enterprises and Weatherford Capital.
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VC and PE investments are provided by family office-backed firm.
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Venture capital firm investing in technology, life sciences, and related sectors.
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Investor details for OpenGov
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by OpenGov
OpenGov has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Cartegraph, Clear Rec and Ignatius.
Investment portfolio details for OpenGov
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- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Enterprise data management is enabled by a cloud-based platform.
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Cloud-based procurement software is provided for vendor and contract management.
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Linked open data networks for smart cities are developed.
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Locked | Locked | 2011 | Locked |
Complete acquisition details for OpenGov
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- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
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Financial Statements - OpenGov
Detailed financials for OpenGov
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Opengov Comparisons
Peer comparison for OpenGov
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- Headcount comparison
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Competitors of OpenGov
OpenGov 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 Accela, CivicPlus, i3 Verticals, Unison and CentralSquare, among others.
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Administrative tools and civic engagement platforms are provided to governments.
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Website development, HR management, and emergency notification systems for government agencies
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Payment processing solutions are provided for diverse business verticals.
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Software is provided to government agencies for internal optimization.
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Suite software solutions for government agencies are provided.
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Detailed competitors of OpenGov
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- Full company profiles
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Latest news on Opengov
Complete news archive for OpenGov
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about OpenGov
OpenGov was founded in 2012.
OpenGov is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
OpenGov is a funded company, having raised a total of $182.12M across 7 funding rounds to date.
As of Apr 01, 2024, the latest employee count at OpenGov is 90.
Annual revenue of OpenGov is $2.39M as on Mar 31, 2023.
OpenGov was founded in 2012 and is headquartered in Redwood City, United States. Software solutions are offered in the government technology sector, focusing on cloud-based platforms for municipal financial data visualization. Access to, analysis of, and public sharing of financial information are facilitated for officials and citizens. Operations emphasize data transparency and usability within local government environments.
OpenGov's top competitors include Accela, CivicPlus and i3 Verticals.
OpenGov offers Asset Management, Budgeting & Performance, Permitting & Licensing, Procurement & Contract Management, and Tax & Revenue Collection.
OpenGov has made 8 acquisitions, including Cartegraph, Clear Rec, and Ignatius.
OpenGov has 17 investors. Key investors include Cypress Semiconductor, Cox Enterprises, Weatherford Capital, 8VC, and Andreessen Horowitz.