Polimorphic, a New York City-based company specializing in AI-enabled software named GovGPT tailored for local government operations, has successfully secured $5.6 million in Seed funding to fuel its expansion endeavors.
This funding round was led by M13, with the active participation of existing investors Shine Capital and Pear VC. The infusion of capital is earmarked for the company’s strategic goal of expanding its operations and broadening its business reach.
Under the leadership of CEO and Founder Parth Shah, Polimorphic offers cutting-edge AI-enabled GovGPT software. This software serves as a comprehensive solution for local governments, enabling them to automate processes, maintain records, and communicate seamlessly with constituents – all within a unified platform.
Polimorphic is actively engaged in collaborative efforts with municipalities, city departments, and counties across the United States. The company’s focus is on serving populations that span from 1,000 to 100,000 constituents. Notable clients include Prospect Park, Grand Rapids, Michigan, and Gaston County, North Carolina. In these locations, Polimorphic’s technology has been deployed effectively to enhance civic engagement and optimize government operations.
Conclusion
Polimorphic’s successful Seed funding round, led by M13 and supported by existing investors Shine Capital and Pear VC, is a testament to the promising future of its AI-enabled GovGPT software. With a commitment to automating processes, maintaining records, and facilitating communication for local governments, Polimorphic is positioned to make significant contributions to the advancement of government operations. As the company moves forward, the capital infusion will play a crucial role in expanding its operations and making its innovative solutions more widely accessible to local governments across the nation.