Frontier Growth Announces Strategic Growth Partnership with GovQA
May 19, 2020
We are pleased to announce a significant equity investment in GovQA, a leading provider of government enterprise workflow software.
GovQA currently handles high-volume workflow processes for almost 700 of the nation’s largest cities, counties, and state agencies. Founded in 2000, GovQA uses a secure, SaaS-based platform to process a variety of work streams for open records, interagency, subpoena, correspondence, and other complex workflow and case management activities.
The investment from Frontier is intended to support GovQA’s rollout of its Exchange Workflow Platform to government agencies across the country.
“Government agencies’ management of public records requests, subpoenas, and other correspondence is antiquated,” commented Michael Ramich, Partner at Frontier. “GovQA’s exceptional growth and pioneering software solutions highlight the demand for government agencies to increase transparency, limit risk, ensure compliance, and improve performance. We are excited to partner with John, his co-founder Greg Pengiel, and the GovQA team as they seek to continue to grow GovQA’s presence as a leader in the government workflow software space.”
“We’re excited to leverage Frontier’s experience working with companies in the GovTech space to assist us with capitalizing on our leadership position in a growing market. We look forward to partnering with the Frontier team at this dynamic inflection point of our company.”
In addition to Ramich, Frontier Vice President Tim Bechtold will join the Board of Directors. The investment in GovQA comes from the firm’s $700 million Frontier Fund V, which closed in 2017.
More information about GovQA and their work can be found on the company’s website. Frontier’s current portfolio investments, including our other investments in the GovTech sector, can be found here.
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