Introducing the GovTech100: Civic Innovation’s Next Phase
The public-sector technology market has evolved to be broader and more robust, to the tune of $1 billion in private capital investment. Here we unveil the GovTech100 — the top 100 companies focused on government customers.
BY DUSTIN HAISLER, PAUL W. TAYLOR / JANUARY 20, 2016
Something happened to civic tech in 2015. It grew up quickly. And changed its name. What emerged in its place was the GovTech market — broader and more robust than civic tech had been originally defined, a namesake of its own dedicated venture capital fund, and indicative of new opportunities for transformational change in the public sector.
Seen as a market, government technology as a whole is an industry that accounts for $180 billion in state and local government alone, according to analysis by the Center for Digital Government. This new GovTech slice has come into its own, emerging as a stand-alone industry composed of hundreds of startup companies even after no fewer than 23 acquisitions, and having attracted $1 billion in private capital investment.
The editors of Government Technology together with e.Republic Labs, a sister organization focused on civic innovation and new market entrants, have developed the inaugural GovTech100, a listing of the leading 100 companies focused on government as a customer, having developed an innovative or disruptive offering to improve or transform government, or having created new models for delivering services. These companies are active in one or more market segments: administrative, service delivery, intelligent infrastructure and civic tech focus areas.
The companies in the GovTech100 are, on average, 9 years old and together span most of what government does — promising greater productivity, improved workflows, automated processes, mobile-equipped workforces, data-informed decision support, mutual aid, and sharing of facilities and equipment. The open data movement fueled many of the startups with many new transparency-related services offering a hedge against waste, fraud and abuse.
As the GovTech market continues to grow and mature, it is important for those working inside government to have a mechanism to keep up with startups that could change the world … or, at least, your community. And that is our purpose in presenting the first annual GovTech100.
Visit govtech.com/100 to view the 100 GovTech firms featured in alphabetical order.
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