Lead Edge Capital, a private equity firm, has bought ClearGov and merged it with Gravity, the latest example of private equity’s deep interest in the government technology sector.
Terms were not disclosed.
According to a statement, the “new” ClearGov “becomes the most comprehensive modern finance platform serving local governments, school districts and state agencies across the United States.”
Tyler Davey, CEO of Gravity, now leads the combined company as CEO of ClearGov.
Its co-founders, Bryan Burdick and Chris Bullock, have leadership roles, too. Burdick joins the board and Bullock becomes chief innovation officer, a job that includes “guiding long-term product vision.”
A supplier of software to local governments and school districts, ClearGov debuted in 2015 and had raised more than $29 million, according to Crunchbase. Just a few months ago, the company launched three AI tools to assist in various budget processes.
Gravity, founded in 2014 and backed by Lead Edge Capital, late last year bought coUrbanize, adding that company’s community engagement tools to Gravity’s budgeting and compliance technology, a move that could help public agency clients meet upcoming Americans with Disabilities Act requirements.
“This combination has been building deliberately over time,” Davey told Government Technology via an email interview.
Lead Edge invested in Gravity about a year and a half ago, he said, and that led to moving from “a single product solution into a broader finance platform.”
As Gravity scaled, “it became clear that the two platforms were very complementary. This merger reflects a shared, long-term vision to solve the entire public-sector finance workflow, not just isolated pieces of it,” Davey said.
The deal comes as public-sector finance teams face a more complex world of tighter budgets, reduced staff, increased compliance requirements and other challenges.
“Advances in automation and AI make it possible to meaningfully streamline workflows that used to take months, giving governments the clarity and speed they urgently need,” Davey said.
A combined platform under the new post-merger ClearGov will offer help via more automation, faster reporting, easier document preparation and other features, according to the company.
“Together, ClearGov and Gravity represent the future of public-sector financial modernization,” said Dan Lynn, partner at Lead Edge Capital, in the statement.
Customers of the companies will keep using their ClearGov and Gravity products this year, with what the statement called “a unified platform experience” rolling out in late 2026.
The combined company serves more than 1,700 clients, Davey said.
“What they will start to notice over the next few months is tighter alignment across their planning, budgeting, disclosure and community engagement workflows,” he said. “The immediate benefits are reclaimed time.”
He said he expects the coming year to “mark a shift toward performance-driven governance.”
That means connecting spending to measurable results, he said, leveraging AI to produce more insights and working to pull down data “silos” and crafting better ways to engage with residents to strengthen trust between communities and governments.
