A team of veterans and entrepreneurs founded the startup.This software startup is helping government contractors keep tabs on the companies it outsources work to.
For example, when a prime contractor distributes work to a subcontractor, it needs to ensure that the subcontractor is certified, meets regulation requirements, and follows industry practices. In February, the startup announced a $2.5 million seed round led by QED Investors and Humba Ventures. Cambrian Ventures and NextGen Venture Partners also participated in the round. This is the first time the startup has raised. Its cap table contains a mix of fintech and software-as-a-service investors. DiSorrento declined to share GovForce's valuation.
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