
GovPort
A dedicated GovCon system of record designed to simplify subcontractor management, ensuring compliance and alignment with contract goals to enhance workforce satisfaction and productivity.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor investor investor investor | €0.0 | round | |
* | $2.8m | Seed | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Founded in 2022 by military and technology veterans Tonio DeSorrento, Brendon DiBella, and Jason Mitchell, GovPort, formerly known as GovForce, was established to address the significant compliance and administrative burdens faced by government contractors.
Tonio DeSorrento, a Naval Academy graduate with six years of service as a Marine, brings firsthand experience of the governmental and military landscape to his role as CEO. This background provides the founding team with a deep understanding of the challenges their clients face.
The company operates as a Software as a Service (SaaS) provider, targeting prime federal contractors. Its core offering is a dedicated system of record designed to streamline the complexities of government contracting. The platform helps clients manage performance, ensure compliance, and foster collaboration.
Key features include the automation of compliance tasks and the creation of a digital, auditable trail of all contract-related activities. This functionality significantly reduces administrative costs and mitigates risks for contractors. By providing these tools, GovPort enables government contractors to stay organized, manage complex projects, and work effectively across different teams.
The company has secured a total of $5.3 million in funding over two rounds, with notable investors including PruVen Capital and Fin Capital, indicating confidence in its business model and growth potential.
Keywords: government contracting, compliance automation, contract management, GovCon, federal contractors, system of record, risk reduction, administrative automation, defense technology, procurement