GovForce co-founders Tonio DeSorrento, Brendon DiBella and Jason Mitchell. Photo: Courtesy of Govforce
GovForce, a compliance tech startup for federal government contractors, raised $2.5 million in seed funding from QED Investors and Humba Ventures, the company tells Axios exclusively.
Why it matters: Federal contracts are lucrative, with the U.S. spending $650 billion last year across several industries. But contractors struggle with the complex requirements that come with a government agreement.