Cox Enterprises Acquires Teamworthy Ventures Portfolio Company OpenGov for $1.8 Billion

Teamworthy Ventures is happy to announce that Cox Enterprises has acquired a majority interest in Fund II portfolio company OpenGov in a deal valuing the company at $1.8 billion.

Teamworthy Ventures has partnered with OpenGov since 2018. We congratulate Founder & CEO Zac Bookman and the entire current and former OpenGov team, as they continue their mission to power more effective state and local governments in service of American citizens.

Our investment in OpenGov is an example of our focus on building outstanding software and software-enabled services companies in the Government and Defense vertical.

If you know an entrepreneur or team we should meet building a mission-driven company in Government and Defense at the pre-seed, seed, or early stages, we welcome your introduction.