TLDR:
- GovPort, a SaaS subcontractor management portal based in Fairfax, VA, raised $2.8M in funding, bringing the total amount to $5.3M.
- The funding round was led by PruVen Capital and Fin Capital, with participation from existing investors QED Investors, Humba Ventures, Cambrian Ventures, and NextGen Venture Partners.
GovPort, a provider of a SaaS subcontractor management portal, raised $2.8M in funding, with a total amount of $5.3M. The round was led by PruVen Capital and Fin Capital, with participation from existing investors QED Investors, Humba Ventures, Cambrian Ventures, and NextGen Venture Partners. The company plans to use the funds to expand operations and development efforts. GovPort’s platform helps federal prime contractors reduce administrative costs and risk by automating compliance tasks and creating a digital, auditable trail of their subcontractors’ compliance. Subcontractors can populate and maintain their own records, with automated reminders of expirations, deadlines, and deliverables.
