GovWell, a New York-based supplier of a govtech software program platform, raised $4.5m in seed funding.
The spherical was led by Work-Bench, with participation from Bienville Capital.
The corporate intends to make use of the funds to increase operations throughout engineering, buyer success, and gross sales groups, and its enterprise attain.
Co-founded by Troy LeCaire, CEO, and Ben Cohen, GovWell supplies a SaaS platform that helps native authorities streamline duties comparable to renew licenses, challenge permits, conduct inspections, and different municipal processes. Since founding in April 2023, the corporate has launched its first product to automate core workflows for municipalities and counties, comparable to allowing and licensing. They at the moment serve greater than a dozen authorities businesses in 7 states representing 200,000+ residents.
FinSMEs
02/08/2024