StateUp Identifies 21 GovTech Startups for COVID Impact and Post-Pandemic Potential in New Global Research Report
- Expert global insights firm StateUp has selected and profiled 21 startups as leading GovTech companies for pandemic response and recovery in new data-driven report, StateUp 21
- Companies selected for government partnerships, local and global impact, and innovative tech IP: based on proprietary database of 450+ GovTech firms
- Top GovTech-producing nations: US, UK, Israel, Canada and Brazil across verticals including: mobility, urban tech, and public safety
StateUp, a world-leading insights and advisory firm for the GovTech sector announced StateUp 21. Working with governments, startups, investors and international organisations to enable more and better cooperation between governments and technology startups, StateUp offers training, advisory services, and data-driven insights and sector analysis with particular expertise in Europe, Latin America and the Middle East.
Founded by the University of Cambridge’s Digital State lead researcher, StateUp brings unique research expertise and policy understanding to bridge the gap between the worlds of government and technology.
StateUp has launched a first-of-its-kind research report, StateUp 21, providing detailed analysis on the global GovTech sector. StateUp 21 profiles 21 of the highest quality GovTech startups to watch in 2021, as well as providing novel data-driven insights into the sector, and analysis of growing investor and government interest during the pandemic.
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StateUp 21, which aims to help public servants understand available technologies, and entrepreneurs and investors to understand the government market, reveals how investor perspectives are shifting. Venture capitalists (VCs), which have historically seen GovTech companies as long-view ‘patient capital’ investments – investment accepting of long and inexact timeframes – now view them with increasing interest.
Dr. Tanya Filer, Founder and Director, StateUp explained: “Resilience-building in a post pandemic world is the driving force behind new investment into GovTech, a relatively young sector that is growing rapidly.”
“Core to this boom in GovTech development and investment is the recognition of a new digital focus by governments, who have been forced towards digital adoption through the pandemic, and are beginning to focus on recovery efforts.” UK Government recently announced 3 new senior Digital, Data, and Technology appointments, while the Biden-Harris administration has committed millions of dollars to the digital government agenda.
2020 has shifted the landscape dramatically, with investors showing a burgeoning interest in technologies to support both public sector efficiency and accountability, and a green recovery.
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According to StateUp’s findings, the buoyancy of investments in the sector at the heart of the Coronavirus pandemic collectively points towards a specific vision of a post-pandemic world that includes further investment into:
1) A green recovery
2) A culture of continued home-working, including among public servants
3) A need for cybersecure exchanges of data
4) Health and social care provision that is resilient to future pandemics
5) A need for inclusivity
As an example of the growth of interest in GovTech startups, recycling company AMP Robotics (US) Robotics raised a USD $55m round this month with the pandemic contributing to the size of their round, with the largest order ever places due to the covid-induced labour shortage.
GovTech is a young sector, with GovTech companies often lost in the more general category of technology companies. StateUp responded to this challenge by creating Nebula, a unique, carefully curated and quality controlled proprietary database of more than 450 GovTech companies, enabling sector-level analysis. From this database, StateUp carefully curated a list of 21 of the most promising start-ups within the sector, which are profiled in detail.
The 21 members of the inaugural StateUp 21, includes companies from all over the world. The members include 7 UK-based businesses such as accuRx, which enabled telemedicine in over 75% of UK GP practices during the pandemic, and data privacy company Privitar. Mobility business Trafi from Lithuania, as well as healthcare startup healthy.io from Israel and Indian supply chain management company Logistimo are all inaugural members. 8 companies are also listed as ‘Ones to Watch’, with several Latin America-based companies making the selection.
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The inaugural StateUp21 members comprise the following start-ups:
|Commonplace (UK)||Citizen Engagement / Infrastructure and Built Environment|
|AMP Robotics (US)||Urban and Local / Recycling|
|Spacept (Sweden)||Infrastructure and Built Environment|
|Privitar (UK)||Data Privacy|
|Irys (US / Mexico)||Citizen Engagement / Collaborative Public Management|
|Trafi (Lithuania)||Mobility / Local and Urban|
|Cera (UK)||Social Care|
|Logistimo (India)||Supply Chain Management|
|Element (UK / Germany)||Communications|
|Infogrid (UK)||Infrastructure and Built Environment|
|CitizenLab (Belgium)||Citizen Engagement|
|Logically (UK / India)||Mis/disinformation|
|Remix (US)||Mobility / Local and Urban|
|Colab (Brazil)||Citizen Engagement / Collaborative Public Management|
|Yoti (UK)||Digital Identity|
|Zencity (Israel)||Data- driven Decision Making|
|CyanForensics (UK)||Public Safety|
|Edgybees (Israel)||Public Safety|