Gravity and Lead Edge Capital have acquired ClearGov to create a unified modern financial platform for public sector budgeting and transparency.

Target Information

ClearGov is a leading provider of budgeting, planning, and transparency software tailored for more than 1,700 local governments, school districts, and state agencies across the United States. The company's innovative, cloud-based platform is specifically designed for the public sector, enabling stakeholders to collaboratively manage the entire budget cycle—from planning and budgeting to community engagement and financial disclosures. ClearGov has consistently revolutionized traditional budgeting practices by enhancing internal collaboration and delivering clear financial communication, thereby fostering trust and support among local constituents.

Industry Overview

The public sector finance landscape in the United States is becoming increasingly complex, characterized by tighter budgets, limited staffing resources, aging infrastructure, and evolving compliance requirements. As public agencies grapple with these challenges, there is a growing expectation for transparency and accountability from the communities they serve. This environment demands innovative solutions that streamline financial processes and enhance operational efficiency.

The industry has witnessed a surge in the adoption of technology solutions aimed at modernizing public finance operations, driven by both operational needs and a demand for g