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Top 32 Government Procurement Software Companies (August 2026)

As of August 2026, Latka tracks 32 government procurement software companies. They have combined revenues of $427.2M and employ 2.3K people. They have raised $225.7M and serve 180 customers combined.

Every company below sells government procurement software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Government Procurement Software Companies do

Government procurement software refers to specialized tools designed to facilitate the procurement process within public sector organizations. These software solutions help streamline and automate the purchasing processes of government agencies, enabling more efficient management of public funds and resources. Primary use cases include managing supplier relationships, tracking contracts and compliance, and ensuring transparency throughout the procurement lifecycle. Typical features encompass e-procurement capabilities, vendor management, budgeting and forecasting tools, and reporting functionalities, which aid in decision-making and accountability. Common buyer personas for government procurement software include procurement officers, financial managers, and compliance specialists. These users seek solutions that enhance efficiency, reduce manual processes, and improve regulatory compliance while maintaining a focus on cost savings.

Companies
32
Revenue
$427.2M
Funding
$225.7M
Employees
2.3K

Filters

Sorting: Highest -> Lowest

Filters

Top Government Procurement Software Companies by revenue

Showing 10 of 32 companies ranked by annual revenue.

1Accela logo
Accela

San Ramon, California, United States

Accela provides market-leading solutions that help governments to modernize and build thriving communities.

Revenue
$144.4M
Year founded
1981
Funding
$215.6M
Team size
523
2FreeD Group logo
FreeD Group

Hong Kong, Hong Kong

FreeD Group, operating its core product at joinharmonycvm.com, is a travel and lifestyle SaaS marketplace founded in 2016 and headquartered with operations across Greater China, Korea, the Middle East, and Europe. The company connects sellers including product owners, distributors, and content providers with large enterprise buyers such as telecommunications companies, governments, and airlines, earning revenue through a combination of SaaS subscription fees, one-time implementation fees, and GMV-based commissions. The company reported $35 million in total revenue for 2022, comprising $15 million in recurring SaaS and transaction fees and $20 million in one-time implementation and project fees. GMV processed through the platform reached approximately $80 million to $100 million in 2022, with $20 million processed in the fourth quarter alone. The company is fully bootstrapped with no outside capital raised. In late 2022 and early 2023, FreeD Group acquired two companies, including the largest travel management company in the Greater China market, which processed HK$2 billion (approximately $300 million USD) in GMV at its 2019 peak and served over 1,000 enterprise customers. Abel Zhao, CEO and co-founder, told Latka the company is targeting $100 million in revenue for 2023 and is aiming for an IPO in 2024 at a minimum valuation of $250 million.

Revenue
$100M
Customers
80
Year founded
2016
Team size
250
3Vitu logo
Vitu

Agoura Hills, California, United States

online vehicle registration and titling platform

Revenue
$42.4M
Year founded
2005
Team size
320
4Promise logo
Promise

Oakland, California, United States

A modern payment processing platform focused on government agencies.

Revenue
$27.6M
Year founded
2017
Team size
185
5Authorium logo
Authorium

San Francisco, California, United States

Provides a no-code platform supporting governments through product lifecycles in acquiring critical technology and non-IT goods and services.

Revenue
$15M
Year founded
2018
Team size
55
6iWorQ Systems logo
iWorQ Systems

Logan, Utah, United States

work order and maintenance management software

Revenue
$13.7M
Year founded
1999
Team size
133
7B2Gnow logo
B2Gnow

Phoenix, Arizona, United States

B2Gnow is a leader in providing supplier diversity, prevailing wage labor compliance, and grant management software solutions. With a focus on compliance and equity, B2Gnow’s innovative software streamlines vendor certification, project data collection, compliance, and reporting processes, ensuring transparency and fairness in contracting practices. B2Gnow maintains North America’s largest database of over 500,000 certified, disadvantaged business entities, helping the federal government, more than half of state governments, hundreds of counties, cities, airports, general contractors, and Fortune 500 companies manage their supplier diversity and compliance programs through technology solutions for 25 years. Visit b2gnow.com to learn more.

Revenue
$11.4M
Year founded
1999
Team size
104
8Neubus logo
Neubus

Austin, Texas, United States

Records and information for government

Revenue
$11M
Year founded
2000
Team size
100
9Cloudpermit logo
Cloudpermit

Reston, Virginia, United States

Cloudpermit provides agencies with community development software. We offer simple online software solutions for building permitting, business licensing, planning & zoning, and code enforcement. Headquartered in Reston, Virginia, our SaaS company was founded over ten years ago and is committed to delivering efficient, user-friendly, and accessible software solutions. Our cloud-based software streamlines land management processes for government staff, development communities, and citizens.

Revenue
$9.1M
Team size
83
10Tendium logo
Tendium

Stockholm, Stockholm County, Sweden

Tendium offers a cloud-based bidding and proposal management platform to help companies selling to the public sector quicker find the right RFP-opportunities, simplifying the bidding process and making data driven decisions by utilising the latest technology and AI (Machine Learning). Tendium was founded in 2018 and is now scaling-up, ready to transform public procurement and bidding across the globe.

Revenue
$8M
Year founded
2018
Team size
73

Frequently asked questions about Government Procurement Software Companies

How many government procurement software companies are there?

Latka tracks 32 government procurement software companies with reported revenue. Together they generate $427.2M in annual revenue and employ 2.3K people.

Which government procurement software company is the largest?

Accela is the largest, with $144.4M in annual revenue, founded in 1981.

How much revenue does a typical government procurement software company make?

The average government procurement software company in this list makes $13.4M a year, across 32 companies with reported revenue. They serve 180 customers combined.

Who are the leading Government Procurement software vendors?

Ranked by annual revenue, the leaders are Accela, FreeD Group, Vitu, Promise and Authorium.

How much funding have government procurement software companies raised?

The 32 government procurement software companies tracked here have raised $225.7M in disclosed funding between them.

Related Vertical Industry Software categories

Inclusion Criteria

- Must provide tools for automating the end-to-end procurement process - Should include features for supplier and vendor management - Must ensure compliance with governmental regulations and standards - Should enable tracking and management of contracts and purchasing history - Must offer budgeting and forecasting capabilities - Not just focused on purchase order management; must also support vendor sourcing and evaluation - Should provide reporting and analytics functionalities to aid decision-making