Neighborly Software, an Atlanta, GA-based provider of an end-to-end SaaS platform that manages the enrollment, administration, and reporting of government funded programs, received an investment from Falfurrias Management Partners.
The amount of the deal was not disclosed.
The company intends to use the funds to accelerate its continued growth by enabling further investments in the existing platform, new technology, enhanced products, geographic expansion, and sales & marketing.
Led by Co-founder and President Jason Rusnak, and Co-Founder and COO, Chris Behm, Neighborly Software is a cloud-based technology platform for the administration and disbursement of governments funds for programs such as housing, economic, community development, disaster recovery/mitigation, home energy rebate, and housing choice voucher.
The company serves 400+ customers including city/municipal governments, state governments, housing authorities, and non-profit organizations. The platform has managed the disbursement of $12.8B+ in grants, 7.2M+ applications, and 1,500+ projects.
FinSMEs
15/10/2024