We are thrilled to announce that OpenGov, a leading portfolio company of Sway Ventures, has been acquired by Cox Enterprises for an impressive $1.8 billion. This milestone not only underscores the significant value OpenGov has created but also marks an exciting new chapter for the company as it continues its mission to transform government operations through innovative technology.

Building a Better Government

OpenGov’s journey began with the vision to enhance transparency and efficiency in local governments. Founded by a team of visionary leaders, including Zac Bookman and Dakin Sloss, the company has grown to serve thousands of municipalities, helping them leverage data and technology to operate smarter and more effectively.

At Sway Ventures, we recognized OpenGov's potential early on and have supported its development as it expanded its capabilities to include budgeting, permitting, and procurement solutions. Through rigorous innovation and a steadfast commitment to its mission, OpenGov has become a category leader in government software.

A Vision Realized

OpenGov's success is rooted in its deep understanding of the unique challenges faced by government entities. By integrating cloud-based solutions with user-friendly interfaces, the company has enabled local governments to streamline their operations and provide better services to their constituents.

This acquisition by Cox Enterprises not only validates OpenGov's impact but also provides the necessary resources to accelerate growth and expand its market reach. Cox's strong commitment to long-term partnerships aligns perfectly with OpenGov's vision of delivering sustainable and effective solutions to government agencies.

The Future of OpenGov

As OpenGov embarks on this new journey, we are excited about the possibilities that lie ahead. With access to enhanced resources and a broader network, OpenGov is well-positioned to further develop its technology and deliver even greater value to its customers.

At Sway Ventures, we are proud to have played a role in OpenGov's success and look forward to witnessing its continued growth. This acquisition is a testament to the hard work and dedication of the entire OpenGov team and the shared vision of improving government operations for the benefit of all citizens.

Join Us in Celebrating

We invite our investors and partners to join us in celebrating this remarkable achievement for OpenGov. As we continue to support innovative companies that are shaping the future, we remain committed to investing in technologies that enhance public service and drive positive change in our communities.

For more information on OpenGov and our other portfolio companies, visit our website or reach out to our team.