Lead Edge Capital Acquires ClearGov and Merges It with Gravity

Frontier Growth Invests in ClearGov

January 11, 2022

Cloud & SaaS

Frontier Growth led a $20 million growth equity investment in ClearGov, a Maynard, Massachusetts-based provider of cloud-native budget cycle management software for state and local governments. Frontier Growth partner Michael Ramich will join ClearGov's board; the capital will be used to accelerate growth, expand the team, and enhance product capabilities for the GovTech market.

ClearGov Acquires CityGrows Platform

June 7, 2022

Cloud & SaaS

ClearGov has acquired the CityGrows platform to enter the Permitting & Licensing market and expand its suite of cloud-based solutions for local governments. The acquisition adds a flexible, use-case-agnostic workflow and permit-processing product to ClearGov's Budget Cycle Management offering, supporting the company's goal of broadening capabilities for public-sector customers.

Gravity Acquires coUrbanize

September 2, 2025

Government & Public Sector

Gravity, a public-sector financial reporting platform, has acquired coUrbanize, a GovTech community engagement SaaS. The deal integrates coUrbanize’s multilingual, ADA-compliant engagement tools and AI-powered reporting into Gravity’s budgeting and compliance platform to help governments meet 2026 ADA mandates and improve citizen engagement.

Lead Edge Capital Makes Strategic Growth Investment in IGM Technology

July 2, 2024

Cloud & SaaS

Lead Edge Capital has made a strategic growth investment in IGM Technology, a provider of cloud-based financial reporting, budgeting and disclosure software for state and local governments. The minority growth equity investment — the company’s first institutional capital raise — will be used to accelerate product development, expand operations and support market adoption of IGM’s Gravity platform.

Granicus Acquires SmartGov from Brightly Software (a Siemens company)

January 30, 2024

Cloud & SaaS

Granicus, a provider of government experience cloud solutions, has acquired SmartGov — the cloud-based permitting, compliance and licensing (PCL) solution — from Brightly Software, a Siemens company. The acquisition expands Granicus' Government Experience Cloud by adding cost-effective, cloud-based permitting and licensing capabilities to serve hundreds of U.S. cities, counties and state agencies.

Gravity Acquires Cityspan to Add Grants Management to Its GovTech Platform

October 25, 2025

Government & Public Sector

Gravity, a Tampa-based provider of disclosure and budgeting automation for governments, has acquired Cityspan, a Berkeley, California-based provider of cloud-based grants management and performance measurement systems. The deal expands Gravity's platform to include end-to-end grants lifecycle management and performance tools, enabling integrated budgeting, reporting, grants, and citizen engagement for public-sector customers.