Political intelligence and relationship management platform GovConnex has announced the completion of a $1 million raise, enabling the company to scale its platform.
The funding was led by Australian VC firm, Black Nova, as the platform sees greater demand for its services.
This increase in demand, according to a spokesperson, is attributable to the access to government information and risk management becoming a must for industry associations, unions, and relations teams.
“There is a huge shift for public affairs teams to shift from network and experience-based decision making models to ones that integrate the use of data and artificial intelligence to navigate dynamic, complex political environments,” said GovConnex founder and CEO Cooper Darling-Blair.
"The GovConnex solution empowers government affairs professionals to make better business decisions quickly with real-time information right at their fingertips. Our ability to present traditionally disconnected information into meaningful insights gives our customers a significant edge.”
GovConnex’ platform allows for information capturing from a variety of government sources, including press releases, social media, official statements and parliamentary records.
The information is collected into the platform for research and relationship management, featuring workflow tools and a built-in CRM system.
Neil Pharaoh, director of corporate affairs at Hireup spoke on the impact that GovConnex has had on Hireup’s workflow.
"When it comes to the disability sector, we see enormous value in being able to navigate this complex political space much more efficiently. Our team is empowered to focus less time on research and more time on engaging with our key government stakeholders,” said Pharaoh.
GovConnex is continuing its plans towards global expansion, according to Darling-Blair.
“This move is the first of many on GovConnex trajectory with our goal of being the leading source of government information pushing us to think globally. We’re already seeing huge adoption here and we want to double down on that and expand globally, starting with New Zealand and the UK later this year,” he said.