PURSUIT RAISES $22M TO HELP FIRMS SELL TO GOVERNMENT

The funding underscores growing demand for tools that simplify the complex process of selling to federal, state, and local government agencies. Pursuit's platform addresses a fragmented market where businesses struggle with compliance requirements, procurement procedures, and buyer relationships. Rosengarten's involvement signals confidence in the space—OpenGov itself built a substantial business serving government entities with financial management software. Gurley, a veteran venture capitalist at Benchmark, and Altman, co-founder of productivity software Lattice, bring significant networks and operational expertise. The $22 million seed round is notably robust for an early-stage company, though the announcement mentions no major venture capital firms participating, suggesting the round came together through direct investor relationships. Government procurement represents a substantial opportunity, with federal spending alone exceeding $600 billion annually. Pursuit joins a growing category of startups—including companies like GovWorks and others—competing to streamline how private companies access government contracts.