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Raising $9.5M from Insight Partners to disrupt "GovTech" with Mike Weiland, Co founder and CEO of Govly

Author
Justin Vandehey
Published
Fri 08 Dec 2023
Episode Link
None

Mike Weiland, Co founder and CEO of Govly, joins the show to talk about

  • Why selling to the government is really hard and how Govly makes that easier for businesses contracting with the government.
  • Raising $9.5M Series A from Insight, fundraising for a government tech startup, and the advantages of picking a more unique venture vertical that is recession proof.
  • Raising the bar and challenging employees to achieve more, and how Govly did that to hit their revenue milestones ahead of raising their Series A.
  • Founder/VC fit, and some of the proof points that validated that Insight was the right partner to help Govly scale its company.

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