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

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

2023/12/8
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The Bridge

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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.