About ResourceX
ResourceX is a Government & Social Sector company based in Denver (United States) founded in 2015 by Chris Fabian, and was acquired by Tyler Tech in October 2023. It operates in the Government & Social Sector and Technology sectors. ResourceX has raised $2.35 million across 3 funding rounds from investors including Tyler Technologies and Innosphere Ventures. The company has 11 employees. ResourceX offers products and services including Priority-Based Budgeting Platform, PBB Director, and Budget Development. Its focus areas include Enterprise Applications, GovTech, Financial Management and Finance and Accounting. Its legal entity is Resource Exploration, LLC. Its competitors include ClearGov, Decision Lens and Munetrix; 3 of its 3 listed competitors have raised funding.
Company details
Cloud-based platform for financial planning and budgeting. It provides data analysis and data application tools for the government to program budgeting, open-source data publishing, budget performance metrics, budget analyzer, etc.
- Headquarters Denver, United States
- Employees 11
- Founders Chris Fabian
- Stage Acquired
- SectorsGovernment & Social SectorTechnology
- Email••••••••
- Website resourcex.net
- Social LinkedIn X Facebook
- Acquired by Tyler Tech (Oct 2023)
- Legal Name Resource Exploration, Llc
- Total Equity Funding$2.35M (USD)
in 3 rounds
- Latest Funding Round$500K (USD), Seed
Jun 2023
- InvestorsTyler Technologies
& 1 more
- Employee Count11
- Acquired byTyler Tech
(Oct 2023)
Products & Services of ResourceX
ResourceX offers a comprehensive portfolio of products and services, including Priority-Based Budgeting Platform, PBB Director, and Budget Development.
AI-powered tool for aligning government resources with priorities
Expert-led customization for tailored budgeting solutions
Features for program outcome alignment and resource optimization
Funding Insights of ResourceX
ResourceX has successfully raised a total of $2.35M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in June 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.
- Total Funding $2.35M
- Total Rounds 3
- Last Round Seed — $500,000
- First Round $1.5M
(Nov 2021)
- Investors Count 1
All 3 funding rounds of ResourceX 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 |
|---|---|---|---|---|---|
| Jun 2023 | $500,000 | Seed | – | – | – |
| Jan 2023 | $350,000 | Seed | – | – | – |
| Nov 2021 | $1.5M | Seed | – | Innosphere Ventures | – |
2 investors in total: 2 institutional.
Investors in ResourceX
ResourceX has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Tyler Technologies and Innosphere Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are made in innovative companies by Innosphere Ventures. | 2017 | innospherefund.com | Boulder, USA | |
Cloud-based solutions are provided for government organizations' operations. | 1966 | tylertech.com | Plano, United States |
Investor details for ResourceX
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of ResourceX
6 people are tracked at ResourceX (1 in leadership, 5 in team); the tracked headcount is 11.
| Name | Role | Group |
|---|---|---|
Chris Fabian | Co-Founder | Leadership |
Ryan Lucia | Senior Account Manager | Team |
Matt McCafferty | Customer Success Manager | Team |
Erik Fabian | Business Development Manager | Team |
Mitch Hagy | Senior Account Executive | Team |
Walter Feeney | Senior Account Executive | Team |
Complete people profiles for ResourceX
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of ResourceX
4 dated milestones of ResourceX across 8 years, from founding to its latest funding, stage changes and deals.
- Founded ResourceX is founded.
- Funding First funding round of $1.5M.
- Funding Latest funding round, Seed, of $500K.
- Exit Acquired by Tyler Tech.
Competitors of ResourceX
ResourceX has 3 listed competitors in our database, 3 of them funded. They include ClearGov, Decision Lens and Munetrix.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cleargov.com | 2015 | Hopkinton, United States | $34.53M | 140 | Cloud-based budget and performance management software is provided. | |
| decisionlens.com | 2003 | Arlington, United States | $4.8M | 52 | Decision-making software is provided for government organizations' portfolio prioritization. | |
| munetrix.com | 2010 | Auburn Hills, United States | $500,000 | Web-based financial tools for municipal and school forecasting are offered. |
Detailed competitors of ResourceX
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of ResourceX
Websites that share an audience with ResourceX (resourcex.net).
Websites whose visitors overlap most with ResourceX. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
theperformagroup.com | theperformagroup.com | 100% | #10,531,645 | – |
Top companies in GovTech
3 companies that operate in the same segment as ResourceX (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 Resourcex
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Frequently Asked Questions about ResourceX
ResourceX was founded in 2015 and raised its 1st funding round 6 years after it was founded.
ResourceX is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
ResourceX is a funded company, having raised a total of $2.35M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Nov 2021.
ResourceX has 11 employees.
Cloud-based platform for financial planning and budgeting. It provides data analysis and data application tools for the government to program budgeting, open-source data publishing, budget performance metrics, budget analyzer, etc.
ResourceX's top competitors include Munetrix, ClearGov and Decision Lens.
ResourceX offers Priority-Based Budgeting Platform, PBB Director, and Budget Development.
ResourceX has 2 investors. Key investors include Tyler Technologies, and Innosphere Ventures.
ResourceX operates through Resource Exploration, Llc.
Yes. ResourceX was acquired by Tyler Tech in October 2023.