OpenGov

Use Case n. 676Use Case n. 778OpenGov enables officials and citizens to access government financial data so they can improve trust and dialogue between cities and citizens.opengov.comMountain ViewCaliforniaMountain View, California, United States94043Zac Bookman201214PrivateGovernanceSubscriptionsOpenGov.com builds a web-based platform for state and local government financial data. Legacy accounting systems run on computer code written thirty years ago. These enterprise tools inhibit city administrators, department heads, elected officials, and citizens from directly accessing important budget and financial data. OpenGov.com solves this pain point by offering governments a flexible, powerful software-as-a-service platform.The OpenGov Platform provides instant access to the budget and visualizes current and historic revenue and expenses‚ from multi-year trends to object-level details. Government officials and citizens use the platform to understand, analyze, and share the financial information. Comprised of technologists, Silicon Valley entrepreneurs, and government finance experts, OpenGov.com brings affordable and user-friendly financial applications to governments of all sizes. The software-as-a-service platform improves data access, financial decision-making, and builds trust with citizens.OpenGov raised approximately $7 million in venture funding since its founding, having received the first $3 million in July 2012. Those contributing to the Series A round were Formation 8, FF Angel, Founders Collective and prominent angels. Thrive Capital and Valiant Capital led the $4 million July 2013 bridge note along with participation from existing investor Formation 8. The municipal government IT market is a multi-billion dollar sector and OpenGov plans to drive its revenues by offering a sound, focused product that will address the market needs.
UsagesUse Case n. 676
UsagesUse Case n. 778
TaglineOpenGov enables officials and citizens to access government financial data so they can improve trust and dialogue between cities and citizens.
Homepageopengov.com
CityMountain View
StateCalifornia
Mapping LocationMountain View, California, United States
Zip Code94043
CEOZac Bookman
Year Founded2012
Full Time Employees14
Comapny TypePrivate
Market CategoriesGovernance
Revenue SourceSubscriptions
DescriptionOpenGov.com builds a web-based platform for state and local government financial data. Legacy accounting systems run on computer code written thirty years ago. These enterprise tools inhibit city administrators, department heads, elected officials, and citizens from directly accessing important budget and financial data. OpenGov.com solves this pain point by offering governments a flexible, powerful software-as-a-service platform.The OpenGov Platform provides instant access to the budget and visualizes current and historic revenue and expenses‚ from multi-year trends to object-level details. Government officials and citizens use the platform to understand, analyze, and share the financial information. Comprised of technologists, Silicon Valley entrepreneurs, and government finance experts, OpenGov.com brings affordable and user-friendly financial applications to governments of all sizes. The software-as-a-service platform improves data access, financial decision-making, and builds trust with citizens.
Financial InformationOpenGov raised approximately $7 million in venture funding since its founding, having received the first $3 million in July 2012. Those contributing to the Series A round were Formation 8, FF Angel, Founders Collective and prominent angels. Thrive Capital and Valiant Capital led the $4 million July 2013 bridge note along with participation from existing investor Formation 8. The municipal government IT market is a multi-billion dollar sector and OpenGov plans to drive its revenues by offering a sound, focused product that will address the market needs.