Scoop: GovSignals raises $5.5 million to automate government procurement

How it works: GovSignals says that it pulls together large volumes of structured and unstructured data from government sites, including even meeting minutes and budgetary reports, so that it can help companies identify opportunities for federal, state, or local contracts.

• It then also helps automate the bidding process.

What they're saying: "Large enterprises still are working off legacy systems, often looking for opportunities via keyword searches," explains GovSignals co-founder Derek Hoyt, who spent nearly a decade with the Defense Intelligence Agency before jobs at both Palantir and Amazon.

• "We use a requirements-first approach and directly integrate with the client's own knowledge systems, with a goal of getting them to a red team quality review."

The bottom line: If DOGE is even partially successful in its mission, it would mean smaller federal budgets and that contractors will need ways to tighten up their own processes.