Companies in GovTech
There are 3,372 companies in GovTech which include Accela, OpenGov, CivicPlus, Axon, i3 Verticals. 817 companies in GovTech are funded, with 536 having secured Series A funding. Till date, the sector has seen the creation of 2 Unicorns. United States has the most number of companies in GovTech (1,723), followed by Canada
(189), and then United Kingdom (185).
2025 has seen the creation of 1 company in GovTech. On average, the last 10 years have seen 124 new companies launched every year. Most number of GovTech startups have been founded by alumni from Harvard University, University of Pennsylvania and Stanford University.
Here is a List of top companies in GovTech
1. Accela
Suite of administrative tools and civic engagement platform. It provides both on-premises and cloud solutions to governments for land, permitting, asset, licensing, right-of-way, legislative management, and resource and recreation management processes. The solutions are targeted towards city, county, state, and federal government agencies. Claims to have more than 2200 local and state government customers and more than 50% of cities in the U.S are permitting/licensing customers. Acquired Publicstuff, Springbook software, and Softright in 2015; Acquired Decade Software Company, Government Outreach, Kinsail, Envista, IQM2, GeoTMS in 2014.
Key facts about Accela
- Founded Year: 1999
- Location: San Ramon (United States)
- Stage: Acquired
- Total Funding till date: $236M
- Investors: Francisco Partners, Bregal Sagemount and 8 Others
- Latest Funding Round: Series F, Sep 06, 2023
- Tracxn Score: 80/100 What is this?
- Competitors Rank: 1 of 103 Competitors
2. OpenGov
Provider of software for government financial data visualization. OpenGov offers cloud-based software that visualizes municipal financial data, allowing governments to access, analyze, and share that data with the public. Its software platform allows government officials and average citizens to access government financial data.
Key facts about OpenGov
- Founded Year: 2012
- Location: Redwood City (United States)
- Stage: Acquired
- Total Funding till date: $182M
- Investors: Sound Ventures, Glynn Capital and 37 Others
- Latest Funding Round: Series E, 2021, $50M
- Tracxn Score: 79/100 What is this?
- Competitors Rank: 2 of 103 Competitors
3. CivicPlus
CivicPlus is a provider of solutions for citizen engagement including website development using web-based tools, HR management for recruiting, engaging, and managing employee data, and emergency notifications systems for alerting citizens during emergencies. Claims more than 4000 local governments use the products. Has won several awards from government associations like National Association of Government Web Masters, California Association of Public Information Officials.
Key facts about CivicPlus
- Founded Year: 1998
- Location: Manhattan (United States)
- Stage: Series C
- Total Funding till date: $456M
- Investors: Insight Partners, BV Investment Partners and 2 Others
- Latest Funding Round: Series C, Aug 28, 2023, $76.2M
- Tracxn Score: 79/100 What is this?
- Competitors Rank: 3 of 103 Competitors
4. Axon
Online platform for evidence management. It provides a digital evidence management system for storing evidence and forensic tools to extract information from the evidence. It allows users to submit evidence. It also provides smart weapons and cameras for law enforcement agencies. Its smart weapon can wirelessly report its status, such as being armed or a trigger pull and its cameras can sense specific events and begin recording during critical situations.
Key facts about Axon
- Founded Year: 1993
- Location: Scottsdale (United States)
- Stage: Public
- Latest Funding Round: Post IPO, Dec 19, 2022, $690M
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 1 of 60 Competitors
5. i3 Verticals
Payment processing solutions for businesses. It offers solutions for multiple industry verticals including education, property management, government, healthcare, utilities, and others. It offers a cloud-based POS solution including full retail management, transactions management, inventory management, customer management, payments, and more. It also offers cloud-based mobile apps and mobile extensions that manages checkout times and equipping staff with pricing and product information.
Key facts about i3 Verticals
- Founded Year: 2012
- Location: Nashville (United States)
- Stage: Public
- Total Funding till date: $42.1M
- Investors: Bank of America, Harbert Management and 7 Others
- Latest Funding Round: Post IPO, Feb 18, 2020, $138M
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 21 of 2,496 Competitors