GovForce, a Washington, DC-based technology company designed specifically to power performance and compliance for government contractors, raised $2.5M in Seed funding.
The round was led by QED Investors and Humba Ventures, with participation from Cambrian and NextGen Venture Partners.
The company intends to use the funds to accelerate the launch and distribution of its software as a service platform.
Led by CEO Tonio DeSorrento, GovForce provides a SaaS platform designed to help prime contractors monitor performance and prime contract compliance with subcontractors. It enables government contractors (GovCons) to stay organized, work across teams, and manage projects and relationships, all with the standards of data privacy and security.
FinSMEs
22/02/2023