Govly
PrivateLast Round
Series A
Nov 2, 2023
Est. Valuation
$41M
Total Funding Raised
$9.63M
Company Overview
Govly is a software-as-a-service (SaaS) company that operates an AI-powered platform designed to simplify public sector procurement. The platform assists government contractors, including OEMs, VARs, and prime contract holders, in navigating the complexities of selling to government entities. It centralizes opportunities from federal, state, and local agencies, allowing users to discover, track, and collaborate on government contracts. Govly's tools aim to streamline the entire government sales process, from opportunity discovery and compliance management to automating repetitive tasks and providing market analytics. The company was founded by Mike Weiland, Nick Weiland, and Jon Wright out of their own frustrations with the fragmented and opaque nature of government contracting. Govly has raised a Series A funding round and is backed by investors including Insight Partners and Y Combinator.
Sector
Enterprise Software
Verticals
Vertical SaaS, Business Intelligence, Workflow Automation, Sales Enablement, Data Integration
Business Model
B2B
Customer Profile
Subscription SaaS, Freemium, Government Contracts
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Govly Comps
Public and private peers based on sector, stage, and business model.
Govly Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Nov 2, 2023 | ||||
| Seed | Aug 18, 2021 |
Key People
Founding team and executive leadership
Govly Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Y Combinator | Series A, Seed |
| Nordic Eye | Series A |
| FundersClub | Series A |
| Insight Partners | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Nov 30, 2025
Added MariaDB Corporation, a mid-market technology company, as a customer.
- Nov 30, 2025
Added ZeroFOX Inc. from the Cybersecurity industry.
Govly Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Govly's valuation, stock price, and market status.