ClearGov, Inc., a Boston, MA-based Budget Cycle Management company, raised $20 million in strategic growth funding.
The round was led by Frontier Growth. In conjunction with the funding, Frontier Growth Partner, Michael Ramich, will join ClearGov’s board of directors.
The company intends to use the funds to expand its team to support its customer base and enhance its products to incorporate customer feedback.
Company: ClearGov, Inc.
Raised: $20.0M
Round: Growth Funding
Funding Month: January 2022
Lead Investors: Frontier Growth
Additional Investors:
Company Website: https://cleargov.com/
Software Category: Budget Cycle Management software
About the Company: Led by Chris Bullock, CEO & Co-founder, and Bryan Burdick, President & Co-founder, ClearGov is a provider of Budget Cycle Management software, focused on helping local governments and their department heads streamline the annual budgeting process by automating workflow, increasing collaboration, and centralizing data. In 2021, the company launched its new Capital Budgeting and Personnel Budgeting software solutions. In addition to the company’s existing Operational Budgeting, Digital Budget Book, and Transparency products, the two new products complete the company’s Budget Cycle Management suite. ClearGov’s Budget Cycle Management Suite is an integrated platform that provides everything local governments need to collect, create, and communicate all aspects of their budget processes.
Source: https://www.finsmes.com/2022/01/cleargov-raises-20m-in-growth-funding.html