GovEagle Secures $2.5M in Funding from Strategic Cyber Ventures, Y Combinator to Enhance Its AI-Powered Proposal Platform

Investment will accelerate product development, expand the engineering team, and advance AI-driven automation and quality improvement for enterprises

WASHINGTON, March 6, 2025 /PRNewswire/ -- GovEagle, an AI-driven proposal platform for government contractors, today announced that it has raised $2.5 million in funding from Strategic Cyber Ventures, Y Combinator, and a group of angel investors. This funding will support the expansion of GovEagle's engineering team, further enhancing the platform's ability to streamline and automate the complex government bidding and proposal drafting process.

Organizations face a highly competitive and time-consuming proposal process, often requiring extensive and expensive resources to navigate compliance, eligibility, and submission requirements. GovEagle not only leverages an integrated AI system to help companies reduce draft time from 60 hours to as little as 60 minutes, but also enhances proposal quality by expertly customizing off-the-shelf tooling, ensuring that responses are personalized to an organization's unique content, style, and voice. Tailored by its team of best-in-class AI engineers, the platform continually enhances its ability to produce exceptional proposals through the easy addition of new documents, knowledge, and RFP amendments for the seamless collaboration of artificial intelligence and company staff.

"Government contractors are in a perfect storm of increasingly demanding RFPs due in collapsing timelines, making it critical to equip businesses with the right tools to support their enterprise needs," said Akash Mandavilli, co-founder and CEO of GovEagle. "We're not just building applied AI tools, we're building the process and user experience that allows authentic, human intelligence to work with, and be superpowered by, artificial intelligence. This investment will enable us to scale our platform's capabilities while maintaining the best-in-class quality that our customers rely on."

GovEagle offers a readily-available, robust suite of features tailored for the GovCon industry, integrating seamlessly with existing tools, processes, and systems. GovEagle supports frictionless adoption and is compatible with tools like Sharepoint, Microsoft Word, SalesForce, Hubspot, Box, and more.

"GovEagle's AI for proposal writing offers government contractors an off-the-shelf, proprietary tool that immediately reduces cost, helps win more contracts, and allows them to focus on achieving mission results for their clients," said Hank Thomas, Managing Partner at Strategic Cyber Ventures. "This product delivers speed and efficiency to Washington at a time when speed and efficiency are more critical than ever."

Since its launch in 2022, GovEagle has helped clients submit thousands of proposals across federal, state and local government opportunities, driving success in contract acquisition while maintaining the highest standards of security and compliance. GovEagle operates in FedRAMP High cloud environments and is in the final stages of achieving FedRAMP Moderate Equivalency. The platform meets NIST SP 800-171 and CMMC controls, ensuring secure and compliant handling of CUI and sensitive data. All data is encrypted at rest and in transit, with strict AI policies that prohibit data retention or use for model training.

About GovEagle
GovEagle is an AI-powered platform that automates the proposal process, helping companies integrate with existing knowledge silos and tools to identify opportunities, generate compliant proposals, and improve their win rates. Purpose-built for the contracting community, GovEagle helps proposal and capture teams move from RFP to pink-team drafts in hours, instead of days or weeks. Its all-encompassing proposal functionality goes beyond compliance, assisting teams with crafting compelling, high-quality content. Backed by industry-leading investors, GovEagle is redefining how companies approach the proposal process.

Learn more at GovEagle.com.

SOURCE GovEagle