GovRadar. Serving government’s digital needs

It was an investment from the Founder Institute. We partnered with GovRadar as part of our FI cooperation to help the team bring an idea to life – make a minimal viable product. They launched as “a platform for anonymous testing for state organizations” and turned into “innovative procurement for the public sector” that raised funding from VCs.

As for each startup, budget is always a challenge. Since we were helping teams from the FI incubator, we offered a big deal in cost-sharing to support GovRadar.  Another challenge was a specific and complex industry related to the governmental sector. The core problem to solve was to increase the effectiveness of the organizations applying for public tenders. And the main task for TRIARE was to design and create an MVP for this startup.

There was a follow-up pre-seed investment in this project after we successfully developed and released MVP for this startup. Helping the team acquire the first users led to the extensive portfolio of use cases. This allowed them to pitch to investors with confidence. As a result, GovRadar obtained the necessary funding to improve and monetize the project.