GovSignals, a NYC-based company leveraging data across the government to generate compliant proposals, raised $5.5M in Seed funding.
The round was led by Unusual VC.
The company intends to use the funds to expand operations and its development efforts.
Founded in 2023 by Derek Hoyt, CEO, Ethan Aldrich, CPO, Jeremy Doochin, Chief Revenue Officer, and Conner Aldrich, CTO, GovSignals assembles and analyzes unstructured and structured data across the government to help companies get in early in the process and then generate fully compliant proposals, condensing the research process down to minutes.
GovSignals handles everything from pre-RFP through submitting compliant proposals for federal, state, local, and education (SLED) government opportunities. It has intelligence capabilities to surface potential opportunities pre-RFP and then connect them to a compliant proposal process.
The company has doubled its customer base each quarter in 2024 and works with companies of all sizes; moreover, GovSignals recently signed on a global top 3 consulting firm looking to improve efficiency for its govcon processes.
