NEWS RELEASE

FOR IMMEDIATE RELEASE: 6/29/17

Media Contact: Tom Skypek
tom@govbizconnect.com
(860) 341-1925

GovBizConnect Adds Industry Veterans, Closes Funding Round

Two Booz Allen veterans join growing GovTech startup

SOMERS, CONN. – (June 29, 2017) Industry veterans and Booz Allen Hamilton (NYSE: BAH) alumni Mr. Bill Thoet and Mr. Adam Velie joined GovBizConnect’s leadership team this month. Mr. Thoet, a former Executive Vice President at Booz Allen Hamilton who has served as an advisor to GovBizConnect since March 2016, joins as Vice President for Business Development leading strategic partnerships for GovBizConnect. Mr. Velie joins as Vice President for Product Management where he leads the development and positioning of GovBizConnect’s cloud-based product.

Cloud-based GovBizConnect is the first and only business intelligence and networking platform connecting small and large government contractors. The product features thousands of business profiles, a powerful search capability, and a full suite of social networking features enabling companies to find and contact the right teaming partner.

The addition of Mr. Thoet and Mr. Velie position GovBizConnect for continued growth and expansion. Mr. Thoet ran a $400 million business unit while at Booz Allen while Mr. Velie led multi-million dollar consulting engagements and business development work. “We’re building a powerful team with deep industry expertise in government contracting. Bill, Adam, and I have lived the business problem we’re solving at GovBizConnect. We understand the challenges of finding great teaming partners because we’ve done it and our product reflects that,” said founder & CEO Tom Skypek. Mr. Skypek is also a Booz Allen alumnus.

GovBizConnect also raised an undisclosed round of funding from a number of private investors. The capital from the round will be deployed for product development.

What is GovBizConnect?

GovBizConnect (GBC) enables users to build tailored business profiles based on capabilities, certifications, past performance, and other criteria. Companies can access GovBizConnect on a subscription basis. The company has been featured in Forbes, Washington Business Journal, Nextgov, Washington Technology, Costco Magazine, and identified as a top 100 GovTech brand by analytics firm Onalytica.

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Is Government Technology Ready to Transform?

Software has eaten virtually every sector and industry, so why not government?

 

To the uninitiated not familiar with this unusual anthropomorphism: in August 2011, entrepreneur and investor Marc Andreessen wrote his now-famous piece in the Wall Street Journal, arguing, “…software is

eating the world… More and more major businesses and industries are being run on software and delivered as online services — from movies to agriculture to national defense.”

 

 

Today, in 2017, we continue to see this trend play out as seemingly every sector and industry digitizes and is assigned its own “tech” suffix—Fintech, Insurtech, Edtech, Healthtech. Included in this macro trend toward digital is government and its corresponding government technology (aka GovTech) movement.

Read the full article at Onvia.