OpenGov Market Research Report
Company Overview
Name: OpenGov
Mission: To power more effective and accountable government through modern cloud software solutions.
Founded: 2012
Founders: Zac Bookman, Joe Lonsdale, and technologists from Stanford University
Key People:
- Zac Bookman (CEO and Co-founder)
- Thiago Sá Freire (President of Field Operations)
- Elise Cole (Chief Legal Officer)
- Ammiel Kamon (Chief Strategy Officer)
- Terrence Curley (Chief Product Officer)
- Vernon Hui (Chief Technology Officer)
- Claudia Arriaga (SVP, Customer Success)
- Jason Bibelheimer (Chief Human Resources Officer)
- Eric DiProspero (SVP, Sales)
- Rama Jayanti (SVP, Engineering)
- Sam Kramer (SVP, Finance)
- Jason Fischl (SVP of Engineering, Platform)
Headquarters: No specific location stated in the provided data.
Number of Employees: No information is available.
Revenue: No information is available.
Known For: OpenGov is known for its leading government software solutions, including cloud-based solutions for budgeting, planning, permitting, licensing, procurement, asset management, financials, and tax & revenue.
Products
OpenGov provides various software solutions designed specifically for the public sector. The offerings include:
1. Budgeting & Planning
- Description: Tools to automate repetitive budgeting tasks, eliminate manual data entry, and streamline long-term capital planning.
- Key Features: Real-time centralized data source, workforce planning, operating and capital budget management.
2. Asset Management
- Description: Software for more efficient infrastructure management.
- Key Features: Integrates tracking of infrastructure asset conditions and costs, seamless GIS integration, real-time updates.
3. OpenGov Financials
- Description: A government ERP that finds data faster and automates tasks.
- Key Features: Improved accounting processes, enhanced data analytics.
4. Permitting & Licensing
- Description: Solutions that ensure reduced permit processing time with seamless system integration.
- Key Features: Online public portals, workflow customizations without code, mobile inspections.
5. Procurement
- Description: Software aimed at streamlining the government procurement lifecycle.
- Key Features: Automated solicitation development, public calendar updates, intuitive contract management.
6. Reporting & Transparency
- Description: Tools for empowering decision-makers with the right data in the right format.
- Key Features: Automated data updates, community feedback integration, ease of accessibility.
7. Tax & Revenue
- Description: Simplifies tax billing and collection with modern, cloud-based solutions.
- Key Features: Real-time data sharing, seamless payment processing, customizable reporting.
Recent Developments
1. New Partnerships:
- OpenGov secured a majority investment from Cox Enterprises in 2024, affirming stability and customer confidence in the company.
2. Feature Enhancements & New Products:
- Launch of OpenGov Tax & Revenue, expanding capabilities in cloud-based tax collection.
- Enhanced integrations with existing applications such as Esri and ADP.
3. Customer Stories & Savings:
- Cities and counties such as Colorado Springs, CA, and Jefferson County, CO, have reported significant savings and increased efficiencies through the use of OpenGov's suite of applications.
4. Leadership Changes:
- OpenGov has appointed several leadership roles including a new Chief Strategy Officer and an SVP of Customer Success, reflecting the company's growth trajectory.
5. Expansion into New Areas:
- The company continues to expand its impact on the public sector by making significant entries in tax & revenue domains as noted in recent tech development deals.
This report accurately conveys OpenGov's current market positioning and product offerings. The company continues to push boundaries in providing modern, efficient solutions tailored for government entities.
