ClearGov: Raises $20M in Growth Funding

ClearGov Raises $20M in Growth Funding

  • ClearGov, Inc., a Boston, MA-based Budget Cycle Management company, raised $20M in strategic growth funding
  • The round was led by Frontier Growth. In conjunction with the funding, Frontier Growth Partner, Michael Ramich, will join company’s board of directors
  • The company intends to use the funds to expand its team to support its customer base and enhance its products to incorporate customer feedback
  • In 2021, the company launched its new Capital Budgeting and Personnel Budgeting software solutions
  • In addition to the company’s existing Operational Budgeting, Digital Budget Book, and Transparency products, the two new products complete the company’s Budget Cycle Management suite
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Goldman Sachs Boosts Compliance with Anthropic’s AI Agents

The investment bank partners with Anthropic to enhance accuracy in accounting. Highlights: Goldman Sachs collaborates with Anthropic for AI-driven...

Boerse Stuttgart Merges Crypto Unit with Tradias, Strengthening Market Presence

This strategic merger aims to enhance cryptocurrency trading capabilities. Highlights: Boerse Stuttgart merges its crypto unit with Tradias.The merger...

Bank of Ireland Reduces Fraud Losses by $97 Million Using AI Technology

Advanced AI systems help detect fraudulent card transactions effectively. Highlights: Bank of Ireland saved $97 million by preventing fraud...

SoftBank’s PayPay Accelerates US IPO Filing Process

Japan's popular payment platform PayPay prepares for its initial public offering. Highlights: PayPay files for an initial public offering...