SimpliGov Receives Strategic Investment from JMI Equity
Deal News | Jan 29, 2025 | JMI Management Inc
SimpliGov, a leading no-code workflow automation platform for government organizations, has received a strategic growth investment from JMI Equity, a firm known for investing in leading software companies. The investment aims to expand SimpliGov's platform development and customer base, enabling it to delve into new government use cases beyond its existing expertise in licensing, permitting, and public record management. This collaboration will allow SimpliGov to further invest in customer success, technical support, and sales and marketing. David O'Connell, CEO of SimpliGov, emphasized the importance of this partnership in empowering government processes and improving citizen services. As part of the deal, Brian Hersman and Chase Thomet from JMI Equity have joined SimpliGov's Board of Directors to support its growth and expansion in the public sector.
Sectors
- Software
- Government Technology
- Private Equity
Geography
- United States – SimpliGov is based in California and serves government agencies across the United States.
Industry
- Software – The article discusses a no-code workflow automation platform, which is a part of the software industry.
- Government Technology – SimpliGov provides solutions for government organizations, making it part of the gov-tech industry.
- Private Equity – The involvement of JMI Equity, a growth equity firm, makes private equity an important sector in this article.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| SimpliGov | Target Company | Company | A workflow automation platform for government organizations, focused on streamlining processes and improving efficiency. |
| JMI Equity | Investor | Company | A growth equity firm investing in leading software companies to provide capital and support for growth. |
| David O'Connell | CEO | Person | CEO of SimpliGov, leading the company's mission to empower government services. |
| Brian Hersman | Board Member | Person | Partner at JMI Equity and new Board member at SimpliGov. |
| Chase Thomet | Board Member | Person | Partner at JMI Equity and new Board member at SimpliGov. |