GovEagle, an AI-based proposal platform for government contractors, today announced that it has raised $2.5 million in funding from Strategic Cyber Ventures, Y Combinator, and a group of angel investors. This funding round will support the expansion of GovEagle’s engineering team, further enhancing the platform’s ability to streamline and automate the complex government bidding and proposal drafting process.
Organizations face a competitive and time-consuming proposal process, often requiring extensive and expensive resources to navigate compliance, eligibility, and submission requirements. And GovEagle not only utilizes an integrated AI system to help companies reduce draft time from 60 hours to as little as 60 minutes but also enhances proposal quality by expertly customizing off-the-shelf tooling, ensuring that responses are personalized to an organization’s unique content, style, and voice.
Created by its team of talented AI engineers, the platform continually enhances its ability to produce exceptional proposals by easily adding new documents, knowledge, and RFP amendments, allowing seamless collaboration between artificial intelligence and company staff.
GovEagle provides a readily available and robust suite of features tailored for the GovCon industry, integrating seamlessly with existing tools, processes, and systems. And GovEagle supports frictionless adoption and is compatible with tools like Sharepoint, Microsoft Word, SalesForce, Hubspot, Box, etc.
Since its launch in 2022, GovEagle helped clients submit thousands of proposals across federal, state and local government opportunities, driving success in contract acquisition while maintaining the highest standards of security and compliance. And GovEagle operates in FedRAMP High cloud environments and is in the final stages of achieving FedRAMP Moderate Equivalency. The platform meets NIST SP 800-171 and CMMC controls, ensuring secure and compliant handling of CUI and sensitive data. All data is encrypted at rest and in transit, with strict AI policies that prohibit data retention or use for model training.
KEY QUOTES:
“Government contractors are in a perfect storm of increasingly demanding RFPs due in collapsing timelines, making it critical to equip businesses with the right tools to support their enterprise needs. We’re not just building applied AI tools, we’re building the process and user experience that allows authentic, human intelligence to work with, and be superpowered by, artificial intelligence. This investment will enable us to scale our platform’s capabilities while maintaining the best-in-class quality that our customers rely on.”
- Akash Mandavilli, co-founder and CEO of GovEagle
“GovEagle’s AI for proposal writing offers government contractors an off-the-shelf, proprietary tool that immediately reduces cost, helps win more contracts, and allows them to focus on achieving mission results for their clients. This product delivers speed and efficiency to Washington at a time when speed and efficiency are more critical than ever.”
- Hank Thomas, Managing Partner at Strategic Cyber Ventures
