$25M Govtech Fund II

We’re thrilled to announce the launch of our second fund, a $25M early stage venture fund focused on rapid-growth startups that are modernizing the $500B global government software and IT market and, in turn, repairing society’s connective tissue.


Since its launch in 2014, Govtech Fund's first venture fund invested in fifteen govtech startups that are modernizing the operations of government. Our companies' software-as-a-service applications for government employees significantly improve how agencies deliver a wide array of government services including foster care, law enforcement, parking management, municipal bond issuance, procurement, food safety, and education administration to name just a few.

Govtech Fund's early stage portfolio companies have attained double-digit monthly growth attracting more than $200M in total capital from leading venture capitalists First Round Capital, Lowercase Capital, General Catalyst, Bezos Expeditions, Khosla Ventures, Slow Ventures, Jim Breyer and more. Govtech Fund has also built an ecosystem of 20,000+ government agency relationships.

Today’s announced second venture fund has already invested in four govtech startups that are modernizing the internal operations of government. Examples of the new portfolio investments include Glimpse which identifies and evaluates school district eROI (education return on investment) for every product, program, service or strategy implemented in a classroom and Sema, which transforms legacy software code maintenance for government and industry software systems.


Govtech Fund’s core belief is that startups, through their ability to attract investment capital, recruit the best talent, and thus deliver innovation at enterprise-grade scale, are society’s best vehicle to modernize the internal operations of government and repair society's connective tissue.

Announcing: Product Advisory Council

The Govtech Fund Product Advisory Council will leverage its member’s breadth of knowledge and experience to provide ongoing detailed feedback on portfolio company products. Council members have signed a non-lobbying pledge to affirm their commitment to exclusively provide product advice.

Current Portfolio

Govtech Fund invests in startups that are modernizing the internal operations of government across a wide array of delivered services:

Portfolio News

We’re harnessing the power of technology, transformers, and capital to modernize the operations of government so we can repair society’s connective tissue.

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