# Govtech Fund: portfolio, investments and team > Govtech Fund is a vc firm based in United States. 7 investments on record, latest Mar 2018. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/govtech-fund (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Govtech Fund Last cheque observed Mar 2018. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email Quiet New fund $25M, Jun 2018 VC firm Pre-seed Seed Series A Civic Tech Public Policy B2G Follow Govtech Fund and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fgovtech-fund) Cheques on record **0%** of best year **0** **cheques in 12 months**, 7 on record Since the last cheque **3148** days **00** hrs **00** min **00** sec Median round **$25M** Cheque size, as they say **$100K – $1.5M** Rounds led **0 of 7** Sole investor **1 rounds** Mostly in **United States, 100%** Pitch Govtech Fund ## Govtech Fund highlights - 01 7 rounds on record - 02 Mostly Series A and Series C: 71% of its rounds - 03 Sole investor in 1 rounds, median $5.0M ## What they do > Govtech Fund is the first-ever venture capital fund dedicated to government technology startups. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** $100K – $1.5M as they say - **Stages:** Pre-seed Seed Series A Series B Growth - **Sectors:** Civic Tech Public Policy B2G - **Based in:** San Francisco, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **7 appearances** - **2018** 2 rounds - **Mar** **[Mark43](https://millionrounds.com/company/mark43)** Series C · US · FinSMEs **$38M** With 8 others - **Feb** **[Seneca Systems](https://millionrounds.com/company/seneca-systems)** Seed · US · FinSMEs **$3.5M** With 5 others - **2017** 1 round - **May** **[Neighborly](https://millionrounds.com/company/neighborly)** Series A · US · FinSMEs **$25M** With 11 others - **2015** 2 rounds - **Dec** **[SeamlessDocs](https://millionrounds.com/company/seamlessdocs)** Series A · US **$5.0M** Sole investor - **Aug** **[Mark43](https://millionrounds.com/company/mark43)** Series A · US **$11M** With 9 others - **2014** 2 rounds - **Dec** **[SmartProcure](https://millionrounds.com/company/smartprocure)** Series B · US **Undisclosed** With 1 other - **Sept** **[MindMixer](https://millionrounds.com/company/mindmixer)** Series C · US **$17M** With 1 other An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **1 named** RB **Ron Bouganim** The Managing Member i Filing they signed We also hold **1** person at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. New fund on file **$25M** raised in Jun 2018 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Pre-seed Seed Series A Median round joined **$25M** the round, not its cheque Alone, median **$5.0M** Led 0 of 7 rounds **0%** - **Said size:** $100K – $1.5M - **Sole investor:** 1 rounds - **Last cheque:** Mar 2018 Rounds by stage said on their site - Series A said *3* - Series C *2* - Seed said *1* - Series B said *1* - Pre-seed said *-* - Growth said *-* Cheques by year Led Joined 2014 2018 Often in the room with - [David Petraeus](https://millionrounds.com/fund/david-petraeus) 2 - [General Catalyst](https://millionrounds.com/fund/general-catalyst) 2 - [Innovation Endeavors](https://millionrounds.com/fund/innovation-endeavors) 2 **Pitching Govtech Fund?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Govtech Fund. A count of rooms they were both in, not a relationship either has claimed. [**David Petraeus** Angel **2** rounds together](https://millionrounds.com/fund/david-petraeus)[**General Catalyst** VC firm **2** rounds together](https://millionrounds.com/fund/general-catalyst)[**Innovation Endeavors** VC firm **2** rounds together](https://millionrounds.com/fund/innovation-endeavors) ## Recently backed The latest companies Govtech Fund put money into. [**Mark43** $38M · Mar 2018](https://millionrounds.com/company/mark43)[**Seneca Systems** $3.5M · Feb 2018](https://millionrounds.com/company/seneca-systems)[**Neighborly** $25M · May 2017](https://millionrounds.com/company/neighborly) ## On podcasts 1 episode naming Govtech Fund in the title, and 1 more that mention it. - [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 29 Oct 2018 · 46 min 20VC: The 2 Core Roles Played By The Best Seed Investors Today, What To Look For In Potential Co-Investors & Why Seed Funds Can Grow Ownership in Their Best Companies Across Rounds with Ron Bouganim, Founder @ Govtech Fund With [Ron Bouganim](https://millionrounds.com/person/ron-bouganim) Mentions [Govtech Fund](https://millionrounds.com/fund/govtech-fund) Apple PodcastsShow page ### Mentioned in - [Village Global Podcast](https://millionrounds.com/podcasts/village-global) 7 Mar 2019 · 60 min Requests For Startups: GovTech with Ron Bouganim Apple PodcastsShow page ## Quick answers about Govtech Fund ### What does Govtech Fund invest in? Govtech Fund invests most often at Series A and Series C (71% of the rounds on record), in sectors such as Civic Tech, Public Policy and B2G. ### How active is Govtech Fund? 7 investments on record, 0 of them in the last 12 months. The most recent was in Mar 2018. ### What has Govtech Fund invested in recently? Its most recent investments on record: Mark43 (Series C, Mar 2018), Seneca Systems (Seed, Feb 2018) and Neighborly (Series A, May 2017). ### How big are Govtech Fund's cheques? The median round it joins is $25M. It says it writes cheques of $100K to $1.5M. ### Does Govtech Fund lead rounds? Rarely, if at all: none of its 7 investments on record names it as the lead. ### Where does Govtech Fund invest? Most of the companies it backs are in the United States (100%). ### Is Govtech Fund investing now? No investments in the last 12 months; the latest was in Mar 2018. ### Who does Govtech Fund invest alongside? Most often David Petraeus (2 rounds together), General Catalyst (2 rounds together) and Innovation Endeavors (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=govtech-fund) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=govtech-fund)