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OpenGov

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This article is about the company. For the unrelated foundation, see OpenGov Foundation.
OpenGov
Company typePrivately held company
Founded2012
FounderZachary Bookman, Joe Lonsdale, Nate Levine, Dakin Sloss
Headquarters
Redwood City, California
ProductsERp cloud; budgeting & planning; financials; permitting, licensing & code enforcement.
Number of employees
250
Websiteopengov.com

OpenGov is a Silicon Valley technology company that offers cloud-based software for public sector budgeting, community development, and financial management. OpenGov serves over 1,000 cities, counties, and state agencies across 48 states with the mission of powering more effective and accountable government. In April 2020, OpenGov released a full-cloud ERP system designed specifically for municipal and county governments.

[1]

History

OpenGov was founded in 2012 by Zachary Bookman, Nate Levine, Dakin Sloss, and Joe Lonsdale. The company's founders and several advisors met while working with California Common Sense,[2] a non-profit non-partisan organization, which advocates for open data and open government principles. After observing the public sector's struggle to combat the ongoing budget crisis with outdated software systems, the group founded OpenGov with the long-term goal of bringing a modern cloud ERP to local and state governments.

In April 2016, OpenGov acquired Ontodia, a leading developer of Open data CKAN, allowing OpenGov to build out its offerings with a managed open data CKAN and dashboards to OpenGov's Reporting & Transparency suite.[3]

In October 2017, OpenGov acquired government-serving tech company, Peak Democracy of Berkeley, Calif,[4][5] to expand its public engagement, communication, and feedback tools.

In September 2019, OpenGov acquired ViewPoint Cloud, a platform used by city and state governments to manage community development operations, such as permitting, licensing, inspections, and code enforcement.[6].

In April 2020, OpenGov launched the first fully-integrated cloud ERP designed specifically for local government, which includes a platform of core modules for Budgeting & Planning, Financial Management, Community Development, and Reporting & Transparency.[7]

Customers

As of April 2020, OpenGov serves 1,000 government entities[8] (including state agencies, city governments, school districts, and other special districts).

Municipalities

The City of Palo Alto was OpenGov's first customer,[9] following a collaboration between the city and employees from nonprofit California Common Sense to launch a comprehensive open data platform.[10]

Other notable municipality customers include Minneapolis, MN[11], San Antonio, TX[12], Richmond, VA[13], and Tucson, AZ[14].

Counties

Notable county customers of OpenGov include Dallas County, TX,[15]Maricopa County, AZ,[16] and Suffolk County, NY[17].

States

Ohio State Treasurer Josh Mandel launched OhioCheckbook.com with OpenGov in early December 2014. Ohio was one of the first states in the country to use a searchable, machine readable checkbook for transactions. The Treasurer's Office allows local governments to place their checkbook level data on OhioCheckbook.com at no cost to the agencies themselves. These local governments include cities, counties, townships, schools, library districts and other special districts.[18]

In 2016, the Colorado Department of the Treasury implemented OpenGov to explore and report on its debt obligations from a central system.[19]

In 2019, the State of West Virginia partnered with OpenGov to launch statewide financial reporting between the State and West Virginia municipalities, after having launched a transparency initiative with OpenGov in the previous year.[20]

In 2020, the State of Idaho Controller's Office, which had already used OpenGov software to improve fiscal transparency[21], began using OpenGov to manage CARES Act grant funding due to the COVID-19 crisis[22].

Schools and Special Districts

Notable OpenGov school and special district customers include the Menlo Park City School District,[23] Cal Poly San Luis Obispo,[24] and the Jackson County Water and Sewerage Authority in Georgia.[25]

Board members

OpenGov's board consists of Co-Founder & Chairman Joe Lonsdale, Co-Founder & CEO Zac Bookman, Marc Andreessen of Andreessen Horowitz, Vice Chair of First Republic Bank Katherine August-deWilde and Cisco Executive chairman John Chambers.[26]

Advisors

OpenGov is advised by experts from the technology, financial, and public service sectors.[27] Examples include:

Funding

OpenGov has raised $128 million from venture capital and angel investors.[28] A$3 million Series A round in 2012 included venture funds 8VC, Founder Collective, Valiant Capital, and "a number of high-profile angel investors."[29] In 2013, the company raised $4 million in further investment from 8VC and new investor Thrive Capital.[29]

On May 15, 2014, OpenGov announced a new $15 million Series B round of funding[30] including investments from Andreessen Horowitz, 8VC, Group 11, Streamlined Ventures, Sway Ventures, and Thrive Capital.[31]

An additional $25 million Series B round in October 2015 included additional investments from Andreessen Horowitz, 8VC, Thrive Capital, and Sway Ventures, as well as new investors Glynn Capital, Scott Cook, and Ashton Kutcher and Guy Oseary’s Sound Ventures.[32] Marc Andreessen was also added to the board during the October 15, 2015, round.

In May 2017, the company raised $30 million in a Series C founding round[33] and in September 2019, the startup picked up an additional $51 million in a Series D round led by Weatherford Capital and 8VC (Lonsdale’s investment firm), with participation from existing investor Andreessen Horowitz.[34]

See also

References

  1. ^ https://opengov.com/about/
  2. ^ "CACS Team". California Common Sense. Retrieved January 8, 2014.
  3. ^ Lunden, Ingrid. "OpenGov acquires Ontodia to add open-sourced data to its civic intelligence platform". TechCrunch. Retrieved December 15, 2016.
  4. ^ "Exclusive: OpenGov Acquires Peak Democracy, Aims for Citizen Feedback Across Product Lines". govtech.com. Retrieved November 17, 2017.
  5. ^ "OpenGov expands the meaning of transparency with latest acquisition". StateScoop. Retrieved June 19, 2018.
  6. ^ "OpenGov acquires ViewPoint Cloud, to add licensing and permitting functionality to its platform". TechCrunch. Retrieved March 26, 2020.
  7. ^ https://www.govtech.com/biz/OpenGov-Completes-Cloud-ERP-Suite-with-Accounting-Software.html
  8. ^ "OpenGov Home Page". OpenGov. Retrieved December 15, 2015.
  9. ^ "Delphi builds data tool for Palo Alto". Silicon Valley Business Journal. October 5, 2011. Retrieved January 8, 2014.
  10. ^ "City of Palo Alto Continues Open Government Push with Launch of "Open Budget"". HighBeam Research. September 21, 2012. Archived from the original on June 10, 2014. Retrieved January 8, 2014.
  11. ^ https://opengov.com/customers/minneapolis-delivers-on-strategic-goals-with-financial-transparency
  12. ^ https://sanantoniotx.opengov.com/transparency#/
  13. ^ https://opengov.com/newsroom/press-releases/city-of-richmond-using-opengov-to-increase-effectiveness-transparency-and-accountability
  14. ^ https://stories.opengov.com/tucsonaz/published/uO_l2nWnY
  15. ^ https://www.prnewswire.com/news-releases/dallas-county-redding-calif-pompano-beach-fla-and-others-using-opengov-reporting--transparency-platform-to-enable-crisis-communications-and-virtual-council-meetings-301034706.html
  16. ^ "OpenGov's New Open Data Solution Is Up And Running in Denton, Texas". Retrieved December 15, 2016.
  17. ^ http://opendata.suffolkcountyny.gov/
  18. ^ "Office of the Ohio Treasurer". ohiotreasurer.gov. Retrieved December 15, 2016.
  19. ^ "OpenGov – Treasurer of the State of Colorado Finance and Budget Visualization". OpenGov. Retrieved December 15, 2016.
  20. ^ https://opengov.com/newsroom/press-releases/the-state-of-west-virginia-partners-with-opengov-to-modernize-statewide-financial-reporting
  21. ^ https://opengov.com/newsroom/press-releases/the-state-of-idaho-partners-with-opengov-to-launch-transparent-idaho-initiative
  22. ^ https://opengov.com/newsroom/press-releases/the-state-of-idaho-selects-opengov-cares-act-grants-application-management-solution
  23. ^ district.mpcsd.org http://district.mpcsd.org/site/default.aspx?PageType=3&DomainID=4&ModuleInstanceID=11&ViewID=047E6BE3-6D87-4130-8424-D8E4E9ED6C2A&RenderLoc=0&FlexDataID=3157&PageID=1. Retrieved December 15, 2016. {{cite web}}: Missing or empty |title= (help)
  24. ^ "Cal Poly Demonstrates Commitment to Open Communication Using New Budget Platform – OpenGov". OpenGov. Retrieved December 15, 2016.
  25. ^ 6, Bailey McCann / December; County, 2016 / Comments Off on Jackson; Budget, GA Taps OpenGov For Budgeting /; Economy; Featured; 2.0, Gov; Procurement. "Jackson County, GA Taps OpenGov For Budgeting | CivSource". Retrieved December 15, 2016. {{cite web}}: |last= has numeric name (help)CS1 maint: numeric names: authors list (link)
  26. ^ "OpenGov Advisors". OpenGov. Retrieved December 15, 2016.
  27. ^ "OpenGov Advisors". OpenGov. Retrieved January 9, 2014.
  28. ^ "Company Profile – OpenGov". CrunchBase. Retrieved December 15, 2016.
  29. ^ a b "OpenGov Receives $4M for Transparency Software". SiliconANGLE. July 3, 2013. Retrieved January 8, 2014.
  30. ^ By Tom Cheredar, Venture Beat. "/ OpenGov has another $15M to show how governments spend your money." May 15, 2014. Retrieved May 16, 2014.
  31. ^ By Balaji S. Srinivasan, Andreessen Horowitz. "/ OpenGov: The Startup Analyzing $50B in Spending." September 24, 2014. Retrieved June 23, 2014.
  32. ^ Buhr, Sarah. "OpenGov Picks Up $25 Million More And Adds Marc Andreessen To The Board". TechCrunch. Retrieved December 15, 2016.
  33. ^ https://www.govtech.com/biz/OpenGov-Raises-30M-in-Series-C-Round-Plans-More-Product-Launches.html
  34. ^ https://techcrunch.com/2019/09/03/opengov-raises-51m-to-boost-its-cloud-based-it-services-for-government-and-civic-organizations/
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